other material
confidence high
sentiment neutral
materiality 0.50
Beeline Holdings exchanges remaining Series A Preferred for common stock; no Series A outstanding
Beeline Holdings, Inc.
- Exchanged 4,425,102 Series A Preferred shares for 983,356 common shares at $2.25 per share.
- No Series A shares remain outstanding; certificate of withdrawal filed with Nevada Secretary of State.
- Under original $1.75 conversion price, an additional 280,959 common shares would have been required.
- Exchange exempt from registration under Securities Act Section 3(a)(9).