Beeline Holdings enters LOI to acquire remaining 52.4% of AI fintech MagicBlocks for ~$1M all-stock

Beeline Holdings, Inc.

Beeline already owns 47.6% of MagicBlocks; LOI to acquire remaining interest for ~$1M in all-stock transaction.
MagicBlocks' AI powered Beeline's chatbot 'Bob', driving 8% increase in lead-to-lock conversions at no added cost.
Transaction expected to close in June, contingent on definitive agreement, board special committee, and SAFE noteholder approvals.
Acquisition to enhance AI for BeelineEquity tokenized home equity product and blockchain settlement infrastructure.
MagicBlocks leadership and development team expected to continue with Beeline post-close.

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