Bridgeline digital announces $2.2 million offerings of common stock

Woburn, ma / access newswire / march 25, 2025 / bridgeline digital, inc. (nasdaq:blin) (the "company"), a leader in ai-powered marketing technology, today announced that it has entered into definitive agreements for the purchase and sale of an aggregate of 1,000,000 shares of common stock at a price of $1.50 per share in a registered direct offering, for gross proceeds of approximately $1,500,000, before deducting the placement agent's fees and other offering expenses payable by the company. additionally, the company has entered into definitive agreements with existing investors, including officers and directors of the company, for the purchase and sale of an aggregate of 473,979 shares of common stock at a price of $1.52 per share in a private placement, for gross proceeds to the company of approximately $720,448, before deducting offering expenses payable by the company.
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