secwatch / observer

Beeline Holdings, Inc. — fact timeline

Source-grounded facts extracted from Beeline Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

BLNE Beeline Holdings, Inc. JSON
Shareholder Votes

Beeline Holdings, Inc. shareholders approved Ratification of M&K CPAS, PLLC as independent registered public accounting firm for fiscal year 2023 at the 2023-12-28 meeting.

“Ratification of M&K CPAS, PLLC. The proposal to ratify the appointment of M&K CPAS, PLLC as Eastside’s independent registered public accounting firm for fiscal year 2023 was approved per the votes cast as follows: Votes Against Abstentions 1,064,895 51,559 33,357”
Shareholder Votes

Beeline Holdings, Inc. shareholders approved Advisory approval of the compensation of Eastside's named executive officers at the 2023-12-28 meeting.

“Approval of Executive Compensation. Advisory approval of the compensation of Eastside’s named executive officers passed with the following votes: Votes Against Abstentions Broker Non-Votes 709,442 135,951 4,598 299,820”
Shareholder Votes

Beeline Holdings, Inc. shareholders approved Election of Directors at the 2023-12-28 meeting.

“The following persons were elected as directors of Eastside by the votes cast as follows: Nominee Votes Against Votes Withheld Broker Non-Votes Elizabeth Levy-Navarro 639,263 198,456 12,272 299,820 Eric Finnsson 644,853 190,888 14,250 299,820 Robert Grammen 735,957 101,742 12,292 299,820 Stephanie Kilkenny 722,752 117,347 9,892 299,820 Geoffrey Gwin 805,738 24,233 20,020 299,820”
Earnings Releases

Beeline Holdings, Inc. reported financial results for fiscal quarter ended September 30, 2023.

“On November 14, 2023, Eastside Distilling, Inc. (the “Company”) issued a press release announcing financial results for the fiscal quarter ended September 30, 2023.”
Material Agreements

Beeline Holdings, Inc. entered into Debt Satisfaction Agreement with The B.A.D. Company, LLC valued at Reduced debts totaling $6,510,000 (effective 2023-09-29).

“On September 29, 2023, the Company entered into a Debt Satisfaction Agreement (the “Agreement” ) with The B.A.D. Company, LLC (the “SPV” ), Aegis Security Insurance Company ( “Aegis” ), Bigger Capital Fund, LP ( “Bigger” ), District 2 Capital Fund, LP ( “District 2” ), LDI Investments, LLC ( “LDI” ) and TQLA, LLC.”
Listing & Compliance Notices

Beeline Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“April 5, 2023, Eastside Distilling, Inc. (the “Company” ) received a deficiency letter from the Nasdaq Staff notifying Eastside Distilling that its stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022, did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “ Equity Rule ”) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its most recent Form 10-K, the Company’s stockholders’ equity as of December 31, 2022 was a deficit of”
Earnings Releases

Beeline Holdings, Inc. reported second quarter end 2023 for the period ended June 30, 2023 results: revenue $2.8 million, net income $(1.6 million).

“in reaching our goal of EBITDA profitability than we expected at this point in the year.” Financial Results Gross sales for the three months ending June 30, 2023 decreased to $2.8 million from $5.1 million due to bulk spirits sales of $2.6 million for the three months ending June 30, 2022. Excluding bulk spirits sales, gross sales increased $0.2 million from the”

Geoffrey Gwin was appointed as Director at Beeline Holdings, Inc..

“the Board appointed Mr. Geoffrey Gwin to serve as a member of the Board beginning August 11, 2023”
Listing & Compliance Notices

Beeline Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“April 5, 2023, Eastside Distilling, Inc. received a deficiency letter from the Nasdaq Staff notifying Eastside Distilling that its stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022, did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “ Equity Rule ”) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-K, the Company’s stockholders’ equity as of December 31, 2022 was a deficit of approximately $(1.5) million.”
Listing & Compliance Notices

Beeline Holdings, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

“May 30, 2023. On May 30, 2023, the Staff informed Eastside Distilling that its common stock had regained compliance with the Bid Price Requirement. Nasdaq Stockholders” Equity Requirement On April 5, 2023, Eastside Distilling, Inc. received a deficiency letter from the Nasdaq Staff notifying Eastside Distilling that its stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022, did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “ Equity Rule ”) for the Nasdaq Capital Market, which requires that a listed c”
Earnings Releases

Beeline Holdings, Inc. reported the three months ended March 31, 2023 results: revenue $2.9 million, net income $1.6 million. Guidance reaffirmed.

““I expect stronger results in the 2 nd quarter of this year excluding bulk barrel sales.” Financial Results Gross sales for the three months ending March 31, 2023 decreased to $2.9 million from $3.8 million. Craft C+P sales increased due to digital printing, offset by lower results in mobile canning business. For the three months ending March 31, 2023 and 2022, the”
Governance Changes

Beeline Holdings, Inc.: Certificate of Change filed to effect a 1-for-20 reverse stock split and reduce authorized shares from 35,000,000 to 1,750,000, effective May 12, 2023 (effective 2023-05-12).

“on May 3, the Registrant filed with the Nevada Secretary of State a Certificate of Change Pursuant to NRS 78.209. The Certificate of Change provides that at 6:00 P.M. on May 12, 2023 a one-for-twenty reverse split of the outstanding common stock as well as a 95% reduction in the number of authorized shares of common stock will be effective.”
Listing & Compliance Notices

Beeline Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

“June 3, 2022 notifying the Company that the bid price for the Company’s common stock for the prior thirty consecutive trading days had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). On December 1, 2022, the Company received written notification from the Staff granting its request for a 180-day extension to regain compliance with the Bid Price Requirement. Eastside Distilling now has until May 30, 2023 to meet the requirement. If at any time prior to May 30, 2023, the bid”
Listing & Compliance Notices

Beeline Holdings, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

“April 5, 2023, Eastside Distilling, Inc. received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying Eastside Distilling that, the Company’s stockholders’ equity as reported in its Annual Report on Form 10-K for the period ending December 31, 2022 (the “Form 10-K”), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) (the “Listing Rule”) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-K, the”
Earnings Releases

Beeline Holdings, Inc. reported financial results for the fiscal year ended December 31, 2022.

“On March 31, 2023, Eastside Distilling, Inc. (the “Company”) issued a press release announcing financial results for the fiscal year ended December 31, 2022.”
Listing & Compliance Notices

Beeline Holdings, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

“December 1, 2022, the Company received written notification from the Staff granting its request for a 180-day extension to regain compliance with the Bid Price Requirement. Eastside Distilling now has until May 30, 2023 to meet the requirement. If at any time prior to May 30, 2023, the bid price of the Company’s Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, it will regain compliance with the Bid Price Requirement . If compliance with the Bid Price Requirement cannot be demonstrated by May 30, 2023, the Staff will provide written notification that”
Earnings Releases

Beeline Holdings, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $3.1 million, net income $(2.7) million.

“and see stronger results as we finish the year,” said Geoffrey Gwin, Eastside’s CEO. Financial Results Gross sales for the three months ending September 30, 2022 decreased to $3.1 million from $3.3 million for the three months ending September 30, 2021. Sales decreased due to lower spirits sales from Azuñia volume related to a reduction in discounting, a price”

Geoffrey Gwin resigned as Member of the Board of Directors at Beeline Holdings, Inc..

“On April 18, 2022, Geoffrey Gwin resigned from his position as a member of the Board of Directors of Eastside Distilling, Inc. (“Eastside”).”

Geoffrey Gwin was appointed as Director at Beeline Holdings, Inc..

“On March 28, 2022, the Board of Directors (the “Board”) of Eastside Distilling, Inc. (the “Company”) appointed Messrs. Geoffrey Gwin and Joseph Giansante to the Board, effective immediately”

Joseph Giansante was appointed as Director at Beeline Holdings, Inc..

“On March 28, 2022, the Board of Directors (the “Board”) of Eastside Distilling, Inc. (the “Company”) appointed Messrs. Geoffrey Gwin and Joseph Giansante to the Board, effective immediately”

Elizabeth Levy-Navarro was appointed as Chairman of the Board at Beeline Holdings, Inc..

“The Board of Directors also appointed Elizabeth Levy-Navarro, a member of the Board since March 22, 2021, to serve as the Chairman of the Board.”

Geoffrey Gwin was appointed as Interim Chief Executive Officer at Beeline Holdings, Inc..

“The Registrant’s Board of Directors subsequently appointed Geoffrey Gwin to serve as Interim Chief Executive Officer.”

Paul Block resigned as Chief Executive Officer at Beeline Holdings, Inc..

“On February 1, 2022, Paul Block resigned from his position as the Registrant’s Chief Executive Officer and from his membership on the Registrant’s Board of Directors.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.