Beeline Strengthens Financial Position with $6.5M Capital Raise and Debt Reduction
Beeline Holdings, Inc. (Nasdaq: BLNE) has bolstered its balance sheet with a $6.5 million capital raise through its At-The-Market (ATM) and equity line of credit (ELOC) programs in late June. The digital mortgage platform also reduced its debt by $5.3 million in the first half of 2025, leaving just $2.3 million in third-party debt. The company ended Q2 with over $6 million in cash.
CEO Nick Liuzza emphasized the strategic timing of these moves, citing a disciplined approach during challenging macroeconomic conditions. With interest rates expected to decline, Beeline enters 2026 in its strongest financial position to date. The company's SaaS division, Beeline Labs, is gaining momentum as a growth driver.
CFO Chris Moe noted the market undervaluation, with shares trading at 30% of book value despite $40 million in reported shareholders' equity. This financial restructuring positions Beeline for potential upside as market conditions improve.