Beeline Holdings Inc. Issues $372,241 Promissory Note to CEO Amidst New Loan Transactions and Stock Sales
Beeline Holdings Inc. has entered into a significant financial arrangement as part of its ongoing corporate financing strategy. On May 28, 2025, the company issued a subordinated demand promissory note amounting to $372,241 to Nicholas R. Liuzza, Jr., its CEO and director. This note includes $250,000 that was lent to the company by an unaffiliated third party, with Mr. Liuzza personally covering this amount on behalf of Beeline Holdings. The promissory note bears an interest rate of 8% per annum. This transaction is part of an amended and restated Common Stock Purchase Agreement and related Registration Rights Agreement, initially disclosed in March 2025, aimed at bolstering Beeline Holdings' financial standing and operational flexibility.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beeline Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-013467), on June 03, 2025, and is solely responsible for the information contained therein.
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