Home Economy Economic Activity SEC filing of the week: Beeline completes acquisition of MagicBlocks

SEC filing of the week: Beeline completes acquisition of MagicBlocks

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PBN Staff

-

07/03/2026

Beeline Holdings Inc. — BEELINE HOLDINGS INC. has completed its acquisition of MagicBlocks, an artificial intelligence-driven sales agent platform.

PROVIDENCE – Beeline Holdings Inc., a financial technology mortgage lender, has completed its acquisition of MagicBlocks, an artificial intelligence-driven sales agent platform. In the company’s filing with the U.S. Securities & Exchange Commission on July 1, Beeline, which already owned 46.7% of MagicBlocks, will issue 209,456 shares of common stock at $2.25 per share, totaling approximately $471,276 to secure the remaining 52%.

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PROVIDENCE – Beeline Holdings Inc., a financial technology mortgage lender, has completed its acquisition of MagicBlocks, an artificial intelligence-driven sales agent platform. In the company’s filing with the U.S. Securities & Exchange Commission on July 1, Beeline, which already owned 46.7% of MagicBlocks, will issue 209,456 shares of common stock at $2.25 per share, totaling approximately $471,276 to secure the remaining 52%. An independent fairness opinion previously valued MagicBlocks at approximately $1 million. The acquisition gives Beeline full control of MagicBlocks’ artificial intelligence technology, which is already embedded in its platform. Beeline expects the integration to accelerate AI-driven automation across mortgage origination and title workflows, lower production costs and improve the borrower experience. “MagicBlocks’ technology is already working inside our platform – it powers Bob, and the results are measurable,” said Nick Liuzza, CEO and co-founder of Beeline. “Full ownership gives us the ability to move faster, integrate deeper and build on what’s already working without constraint. Beeline was designed from the start to be a technology-first mortgage company. This acquisition is consistent with that vision and gives us greater control over how we develop and deploy AI across the business going forward.” MagicBlocks already powers Beeline’s chatbot, Bob. Beeline now plans to integrate MagicBlocks across its mortgage origination and title operations to automate workflows, support AI-driven decisions and create a more scalable platform. “We built MagicBlocks to solve real operational problems primarily in the top of the funnel for mortgage and financial services, and Beeline has already proven that the technology delivers measurable results,” said Jay Stockwell, founder of MagicBlocks. “Being part of Beeline full time gives us the ability to go deeper and move faster. There is a lot more we can do with this technology across the platform and I’m looking forward to building it.”