Beeline divests Bridgetown Spirits for $367K to focus on digital mortgage platform

Beeline Holdings, Inc.

Disposed majority ownership in Bridgetown Spirits Corp. for $367,404 via Debt Satisfaction Agreement; closed July 25, 2025.
Buyer group led by former CEO Geoffrey Gwin; Spirits no longer a subsidiary; related accounts payable written off.
Beeline provided $75,000 one-year senior secured term loan to Spirits in exchange for $100,000 promissory note.
Company expects to report Q2 2025 earnings on August 14, 2025; reiterates focus on proptech, mortgage, and SaaS revenue.

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