Beeline Holdings Reports Results of Special Shareholder Meeting Held on Monday, January 27, 2025
Beeline Holdings (NASDAQ: BLNE) announced the successful completion of its Special Shareholders Meeting held on January 27, 2025. The company, which operates as Eastside Distilling, secured shareholder approval for all proposed measures, including a significant amendment to its Articles of Incorporation. The key approved change authorizes an increase in common stock shares from 6 million to 100 million shares, with a par value of $0.0001 per share.
Beeline Holdings (NASDAQ: BLNE) ha annunciato il completamento con successo della sua Assemblea Straordinaria degli Azionisti tenutasi il 27 gennaio 2025. La società, che opera come Eastside Distilling, ha ottenuto l'approvazione degli azionisti per tutte le misure proposte, inclusa una modifica significativa del suo Statuto. La modifica chiave approvata autorizza un aumento delle azioni ordinarie da 6 milioni a 100 milioni di azioni, con un valore nominale di $0.0001 per azione.
Beeline Holdings (NASDAQ: BLNE) anunció la exitosa finalización de su Junta General de Accionistas celebrada el 27 de enero de 2025. La compañía, que opera como Eastside Distilling, aseguró la aprobación de los accionistas para todas las medidas propuestas, incluida una enmienda significativa a sus Estatutos. El cambio clave aprobado autoriza un aumento en las acciones comunes de 6 millones a 100 millones, con un valor nominal de $0.0001 por acción.
Beeline Holdings (NASDAQ: BLNE)는 2025년 1월 27일 개최된 주주총회의 성공적인 완료를 발표했습니다. Eastside Distilling로 운영되는 이 회사는 모든 제안된 조치를 위한 주주 승인을 확보했으며, 이는 정관에 대한 중요한 수정안을 포함합니다. 승인된 주요 변경 사항은 보통주 주식의 수를 600만 주에서 1억 주로 늘리는 것을 허가하며, 주당 액면가는 $0.0001입니다.
Beeline Holdings (NASDAQ: BLNE) a annoncé l'achèvement réussi de sa Réunion Extraordinaire des Actionnaires qui s'est tenue le 27 janvier 2025. La société, qui opère sous le nom d'Eastside Distilling, a obtenu l'approbation des actionnaires pour toutes les mesures proposées, y compris un amendement significatif à ses Statuts. Le changement clé approuvé autorise une augmentation des actions ordinaires de 6 millions à 100 millions d'actions, avec une valeur nominale de 0,0001 $ par action.
Beeline Holdings (NASDAQ: BLNE) gab den erfolgreichen Abschluss seiner Hauptversammlung am 27. Januar 2025 bekannt. Das Unternehmen, das als Eastside Distilling tätig ist, sicherte sich die Zustimmung der Aktionäre zu allen vorgeschlagenen Maßnahmen, einschließlich einer wesentlichen Änderung seiner Satzung. Die genehmigte Hauptänderung erlaubt eine Erhöhung der Stammaktien von 6 Millionen auf 100 Millionen Aktien, mit einem Nennwert von $0.0001 pro Aktie.
- Secured shareholder approval for all proposed measures
- Substantial increase in authorized shares (from 6M to 100M) indicates potential significant dilution risk for current shareholders
Providence, Rhode Island--(Newsfile Corp. - January 28, 2025) - Beeline Holdings (NASDAQ: BLNE) which also operates as Eastside Distilling, Inc. announces results of the Special Shareholders Meeting held on Monday, January 27, 2025.
Beeline has secured the necessary shareholder votes to approve all proposals presented, including the amendment to the Company's Articles of Incorporation to increase the authorized shares of common stock (par value
About Beeline Financial Holdings, Inc.
Beeline Financial Holdings, Inc. is a technology-driven mortgage lender and title provider offering a fully digital, AI-enhanced, platform that simplifies and accelerates the home financing process for homeowners and property investors. Based in Providence, RI, Beeline is dedicated to transforming the mortgage industry through innovative technology and customer-centric solutions.
About Eastside Distilling, Inc.
Eastside Distilling, Inc. is a producer of award-winning craft spirits, including whiskey, vodka, and rum. Founded in Portland, OR, Eastside is committed to quality, innovation, and sustainability, delivering exceptional products that reflect the spirit of the Pacific Northwest.
Important Cautions Regarding Forward-Looking Statements
Certain matters discussed in this press release may be forward-looking statements that reflect our expectations or anticipations rather than historical fact. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions, general competitive factors, the Company's ongoing financing requirements and ability to achieve financing, acceptance of the Company's products in the market, the Company's success in obtaining new customers, the Company's ability to execute its business model and strategic plans, and other risks and related information described from time to time in the Company's filings with the Securities and Exchange Commission ("SEC"). A detailed discussion of the most significant risks can be found in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and the Company's Current Report on Form 8-K filed with the SEC on November 21, 2024 and the Company's Current Report on Form 8K/A filed with the SEC on Form 8-K/A on December 19, 2024. The Company assumes no obligation to update the cautionary information in this press release.
Contact:
ir@makeabeeline.com
SOURCE: Beeline Holdings
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238652
FAQ
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