secwatch.observer — SEC 8-K summary
======================================

Issuer:     Beeline Holdings, Inc. (BLNE)
CIK:        0001534708
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0001493152-24-048508
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastside Distilling raises $595K via sale of Series G preferred stock and warrants
--------------------------------------------------------------------------------

- Sold 1,166,667 Series G shares and 583,333 warrants to two accredited investors for $595,000 gross proceeds.
- Series G stated value $0.51, convertible at $0.51 per share, subject to shareholder approval and a 4.99% beneficial ownership cap.
- Filing of Certificate of Correction limits Series G conversion price floor to 20% of Nasdaq Minimum Price.
- Corrected Series F and F-1 preferred stock certificates to exclude Section 16 officers/directors from beneficial ownership limitation.
- Net proceeds to be used for working capital and general corporate purposes; offering may be extended up to $3.06M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1534708/000149315224048508/0001493152-24-048508-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1534708/000149315224048508/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-048508

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer