RETRANSMISSION: Beeline Board of Directors Approves Waiver of Insider Trading Policy

Rhea-AI Summary

Beeline Holdings (NASDAQ: BLNE) has announced a significant corporate governance update as its Board of Directors approves a waiver of the company's insider trading policy. The waiver, effective until market close on March 31, 2025, allows board members and officers to purchase company stock.

The decision was prompted by requests from at least two directors who believe BLNE stock is currently undervalued. Under the waiver terms, insiders can buy common stock shares but must maintain their holdings for a minimum of six months. The waiver specifically applies to purchase transactions only.

News Market Reaction – BLNE

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-16.21% News Effect

On the day this news was published, BLNE declined 16.21%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Any Insiders Who Purchase Stock Must Hold for at Least 6 Months

Providence, Rhode Island--(Newsfile Corp. - March 19, 2025) - Beeline Holdings, Inc. (NASDAQ: BLNE) today announced that its Board of Directors has approved a limited waiver of the company's insider trading policy, permitting board members and officers to purchase company stock. This decision comes in response to requests from at least two directors who believe the stock is currently undervalued.

Under the terms of the waiver, insiders are authorized to buy shares of Beeline Holdings common stock and are required to hold these shares for a minimum of six months. The waiver exclusively applies to purchase transactions and will remain in effect until the market closes on March 31, 2025.

The Board remains committed to enhancing shareholder value and will continue to evaluate opportunities that align with the company's mission and strategic objectives.

About Beeline

Beeline is a forward-thinking mortgage origination and technology company transforming home loans into a short, transparent and easy path for millions of Americans. Using AI and proprietary tech, Beeline offers near-instant pre-approvals in as little as seven minutes—allowing borrowers to see loan options and lock their rate in one session.

For media inquiries, please contact:

ir@makeabeeline.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/245182

FAQ

What are the key terms of Beeline Holdings' (BLNE) insider trading policy waiver?

The waiver allows board members and officers to purchase BLNE stock until March 31, 2025, with a mandatory 6-month holding period for any shares acquired.

Why did Beeline Holdings (BLNE) approve the insider trading policy waiver?

The waiver was approved in response to requests from at least two directors who believe the company's stock is currently undervalued.

When does Beeline Holdings' (BLNE) insider trading policy waiver expire?

The waiver expires at market close on March 31, 2025.

What restrictions apply to insiders purchasing BLNE stock under the new waiver?

Insiders must hold any purchased shares for a minimum of six months, and the waiver only applies to purchase transactions.

How long must Beeline Holdings (BLNE) insiders hold newly purchased shares?

Insiders must hold any shares purchased under this waiver for a minimum period of six months.