other_material
confidence high
sentiment neutral
materiality 0.65
Beeline exchanges 8.4M preferred shares for new Series A Convertible Redeemable Preferred
Beeline Holdings, Inc.
- On July 23, 2025, exchanged 8,356,151 Series F and 68,951 Series F-1 shares for 8,425,102 Series A shares.
- Series A stated value $0.50; holder may convert up to $1M at $1.75 per share, subject to adjustments.
- Company can redeem shares (excluding special conversion amount) at $2 per share within one year of issuance.
- After one year, all remaining Series A shares become convertible at holder's option.
- Series A votes with common stock on an as-converted basis, subject to beneficial ownership limitations.
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