Bridgeline Digital (BLIN) Registration Filing summary

Company overview and business model

• Operates as an AI-powered marketing technology provider offering products to drive online revenue, site traffic, and conversion rates.

• Product suite includes HawkSearch, Celebros Search, Woorank, Unbound, TruPresence, and OrchestraCMS, serving marketers and eCommerce clients.

• Delivers solutions via cloud-based SaaS and perpetual licensing models, supporting both on-premise and managed-hosted deployments.

• Incorporated in Delaware in 2000, with principal offices in Woburn, MA.

Financial performance and metrics

• As of February 24, 2025, 10,442,609 shares of common stock were issued and outstanding.

• Aggregate market value of common stock held by non-affiliates was approximately $21,939,475, based on 9,335,947 shares at $2.35 per share.

• Qualifies as a smaller reporting company, allowing for reduced disclosure obligations.

Use of proceeds and capital allocation

• Net proceeds from securities sales are intended primarily for working capital and general corporate purposes.

• Management retains broad discretion over allocation of proceeds; pending use, funds may be invested in short- and intermediate-term, interest-bearing instruments.