0001641172-25-015574.txt : 20250618
0001641172-25-015574.hdr.sgml : 20250618
20250618160504
ACCESSION NUMBER: 0001641172-25-015574
CONFORMED SUBMISSION TYPE: SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20250618
DATE AS OF CHANGE: 20250618
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Beeline Holdings, Inc.
CENTRAL INDEX KEY: 0001534708
STANDARD INDUSTRIAL CLASSIFICATION: MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
ORGANIZATION NAME: 02 Finance
EIN: 203937596
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SCHEDULE 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-87659
FILM NUMBER: 251056852
BUSINESS ADDRESS:
STREET 1: 188 VALLEY STREET,
STREET 2: SUITE 225
CITY: PROVIDENCE
STATE: RI
ZIP: 02909
BUSINESS PHONE: 971-888-4264
MAIL ADDRESS:
STREET 1: 188 VALLEY STREET,
STREET 2: SUITE 225
CITY: PROVIDENCE
STATE: RI
ZIP: 02909
FORMER COMPANY:
FORMER CONFORMED NAME: Eastside Distilling, Inc.
DATE OF NAME CHANGE: 20141202
FORMER COMPANY:
FORMER CONFORMED NAME: Eurocan Holdings Ltd.
DATE OF NAME CHANGE: 20111110
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Liuzza Nicholas Reyland JR
CENTRAL INDEX KEY: 0001264473
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: SCHEDULE 13D/A
MAIL ADDRESS:
STREET 1: 79 WAPPING ROAD
CITY: PORTSMOUTH
STATE: RI
ZIP: 02871
FORMER COMPANY:
FORMER CONFORMED NAME: LIUZZA NICK JR
DATE OF NAME CHANGE: 20031001
FORMER COMPANY:
FORMER CONFORMED NAME: LIYZZA NICK JR
DATE OF NAME CHANGE: 20030924
SCHEDULE 13D/A
1
primary_doc.xml
SCHEDULE 13D/A
0001641172-25-000091
0001264473
XXXXXXXX
LIVE
2
Common Stock, $0.0001 par value
06/18/2025
false
0001534708
277802500
BEELINE HOLDINGS, INC.
188 VALLEY STREET,
SUITE 225
PROVIDENCE
RI
02909
MICHAEL HARRIS, ESQ.
561-686-3307
3001 PGA BLVD
STE 305
PALM BEACH GARDENS
FL
33410
0001264473
N
Nicholas Reyland Liuzza Jr.
b
PF
N
X1
8437989.00
0.00
8437989.00
0.00
8437989.00
N
54.8
IN
11. Represents outstanding shares of the Issuer's common stock over which the Reporting Person has dispositive and voting control. Gives effect to Series G Convertible Preferred Stock ("Series G") and Warrants convertible and exercisable within 60 days. See Item 5. 13. Based on 9,061,418 shares of common stock outstanding as of May 19, 2025, and gives effect to shares of common stock underlying Series G and Warrants held by the Reporting Person which are or may become convertible and exercisable within 60 days. The shares of common stock underlying the Series G and Warrants were increased due to price protection adjustment provisions set forth in such securities, and may be subject to further adjustments based on lower priced sales of common stock or common stock equivalents by the Company or if the Company obtains waivers to such adjustment provisions from the holders of these securities. Conversions of Series G and exercise of warrants are subject to shareholder approval as and to the extent required by the rules of The Nasdaq Stock Market LLC.
Common Stock, $0.0001 par value
BEELINE HOLDINGS, INC.
188 VALLEY STREET,
SUITE 225
PROVIDENCE
RI
02909
Nicholas Reyland Liuzza Jr.
188 Valley Street, Suite 225, Providence, RI 02909
Mr. Liuzza is the Chief Executive Officer and a director of Beeline Holdings, Inc. [Nasdaq: BLNE].
During the past five years the Reporting Persons has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor was the Reporting Person a party to a civil proceeding or a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoying future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
During the past five years the Reporting Persons has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) nor was the Reporting Person a party to a civil proceeding or a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoying future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
United States
This amendment amends the Schedule 13D filed with the Securities and Exchange Commission on March 20, 2025, as amended on March 26, 2025. The Reporting Person received shares of Series F-1 Convertible Preferred Stock ("Series F-1") and Series F Convertible Preferred Stock ("Series F") in connection with the Issuer's merger with Beeline Financial Holdings, Inc. ("Beeline") which closed on October 7, 2024, as disclosed in a Current Report on Form 8-K filed by the Issuer on that date. Subsequently, across multiple transactions which were previously disclosed in the Statements of Changes in Beneficial Ownership of Securities on Form 4 filed on December 19, 2024, December 31, 2024, February 18, 2025, February 21, 2025, March 3, 2025, March 24, 2025 and June 16, 2025, the Reporting Person invested with personal funds a total of $4,048,159 and acquired shares of Series G convertible into 2,424,048 shares of common stock and Warrants to purchase 3,908,677 shares of common stock. Additionally, across numerous transactions which were previously disclosed in the Statements of Changes in Beneficial Ownership of Securities on Form 4 filed on December 11, 2024, March 20, 2025, March 24, 2025, April 17, 2025, April 24, 2025, April 25, 2025, April 28, 2025, May 2, 2025, May 2, 2025, May 6, 2026, May 9, 2025, May 19, 2025, May 23, 2025, and June 16, 2025, the Reporting Person invested with personal funds a total of $329,265.36 and acquired 232,092 shares of common stock on the open market. On March 7, 2025, the Issuer's shareholders approved the conversion of the Series F-1, Series F and Series G and the exercise of the Warrants prior to subsequent adjustments to and issuances of certain of these securities. The shares of common stock underlying the Series G and Warrants were increased due to price protection adjustment provisions set forth in such securities, and may be subject to further adjustments based on lower priced sales of common stock or common stock equivalents by the Company or if the Company obtains waivers to such adjustment provisions from the holders of these securities. Conversions of Series G and exercise of Warrants are subject to shareholder approval as and to the extent required by the rules of The Nasdaq Stock Market LLC.
The Reporting Person is the Chief Executive Officer and a director of the Issuer. He acquired all of his securities with the purpose of exercising control.
The Reporting Person beneficially owns 8,437,989 shares of the Issuer's common stock. This includes 8,214,273 shares beneficially owned directly and 223,716 shares owned by a family trust over which the Reporting Person exercises dispositive and voting control. The above number of shares amounts to approximately 54.8% of the 9,061,418 outstanding shares of common stock as of May 19, 2025. The percentage beneficially owned is calculated by including all shares beneficially owned as the numerator and dividing that amount by the denominator which is shares of common stock issued and outstanding plus the shares of common stock beneficially owned underlying derivative securities held by the Reporting Person (in this case, Mr. Liuzza's Series G and Warrants), even though such underlying shares are not issued and outstanding.
The Reporting Person has the sole power to vote or to direct the vote, sole power to dispose or to direct the disposition of all shares beneficially owned by the Reporting Person.
Except as described in this Schedule 13D under Item 3 above, the Reporting Person did not engage in any transactions in shares of the Company's common stock during the past 60 days.
Not applicable.
Not applicable.
In connection with his investments in the Series G and Warrants, the Company entered into Securities Purchase Agreements and Registration Rights Agreements with Mr. Liuzza. The terms of the Securities Purchase Agreements, Series G, Warrants, and related Registration Rights Agreements were previously disclosed in the Current Reports on Form 8-K filed on December 3, 2024, March 5, 2025, March 10, 2025, March 26, 2025, April 30, 2025, and June 16, 2025. Copies of these documents were included as exhibits to such Current Reports on Form 8-K.
Nicholas Reyland Liuzza Jr.
/s/ Nicholas Reyland Liuzza, Jr.
Nicholas Reyland Liuzza, Jr., individually
06/18/2025