Beeline Holdings CEO Liuzza buys $20,849 in stock

Published 17/04/2025, 21:10
Beeline Holdings CEO Liuzza buys $20,849 in stock

PROVIDENCE, R.I.—Nicholas Reyland Liuzza Jr., the Chief Executive Officer of Beeline Holdings, Inc. (NASDAQ:BLNE), recently acquired additional shares of the company. According to a filing with the Securities and Exchange Commission, Liuzza purchased a total of 18,000 shares of common stock on April 16, 2025. The transactions were executed at prices ranging from $1.1546 to $1.1799 per share, resulting in a total investment of $20,849. The purchase comes as the stock trades near $1.15, down 87.59% year-to-date and significantly below its 52-week high of $10.50. InvestingPro analysis suggests the stock is currently undervalued, with multiple technical indicators pointing to oversold conditions.

Following these acquisitions, Liuzza’s indirect holdings, through the Nicholas R. Liuzza Jr. Trust - 2020, increased to 223,716 shares. Additionally, Liuzza holds 1,674,806 shares directly. The transactions underscore Liuzza’s continued investment in Beeline Holdings, a company classified under the beverages industry. For deeper insights into insider transactions and 11 additional key ProTips for BLNE, visit InvestingPro, where you’ll find comprehensive analysis and valuation metrics in our Pro Research Report.

In other recent news, Beeline Holdings, Inc. has reported several key developments. The company announced an extension of the maturity dates for its senior secured notes, now set for May 14, 2025, and adjusted the terms of its Series D Convertible Preferred Stock. Additionally, Beeline Holdings registered an extra $3.5 million in common stock shares, following a previous registration of $4 million, according to its SEC filing. The company is also bolstering its capital through new equity sales, with CEO Nicholas Liuzza, Jr. purchasing $900,000 in units, part of a larger offering to raise $7,077,800.

Furthermore, Beeline Holdings launched MagicBlocks, an AI-driven sales agent platform, which completed its Beta testing phase and is set to go public. The company has authorized insider stock purchases under a limited waiver of its insider trading policy, allowing board members and officers to buy stock with a six-month holding condition. These strategic maneuvers are part of Beeline’s efforts to strengthen its financial position and explore new opportunities. The information is based on press release statements and SEC filings.

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