---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-009051"
form_type: "8-K"
ticker: "BLIN"
cik: "0001378590"
company_name: "Bridgeline Digital, Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:37:03.853322+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bridgeline Digital raises ~$2.2M in registered direct and private placements

## Summary
- Registered direct offering of 1,000,000 shares at $1.50/share for $1.5M gross proceeds.
- Private placement of 473,979 shares at $1.52/share for ~$720k; officers/directors participate.
- CEO Kahn (~$50k), Chair Kahn ($10k), dir. Ketslakh (~$600k) among private purchasers.
- Proceeds for working capital and general corporate purposes; closings expected Mar 26, 2025.
- WestPark Capital exclusive placement agent for registered direct offering.

## SEC filing metadata
- accession: 0001437749-25-009051
- form_type: 8-K
- ticker: BLIN
- cik: 0001378590
- company_name: Bridgeline Digital, Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1378590/000143774925009051/0001437749-25-009051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1378590/000143774925009051/blin20250324_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-009051
- JSON: https://secwatch.observer/filing/0001437749-25-009051.json
- Plain text: https://secwatch.observer/filing/0001437749-25-009051.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.