{"id":515666,"date":"2021-07-21T08:33:35","date_gmt":"2021-07-21T12:33:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\/"},"modified":"2021-07-21T08:33:35","modified_gmt":"2021-07-21T12:33:35","slug":"bridgeline-receives-more-than-7-3m-in-warrant-exercises","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\/","title":{"rendered":"Bridgeline Receives More than $7.3M in Warrant Exercises"},"content":{"rendered":"
\n

WOBURN, Mass., July 21, 2021 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), provider of cloud-based marketing technology software, announced today it has received over $7.3M in cash, including the $2.5M previously disclosed, as a result of the recent warrant exercises. These warrants were originally issued in 2019 with a strike price of $4.00.<\/p>\n

These funds bring Bridgeline\u2019s cash balance to more than $9M with 8,393,609 shares of common stock outstanding. The new capital is above and beyond Bridgeline\u2019s fully capitalized operating plan. The additional funds will be used to accelerate growth and execute Bridgeline\u2019s eCommerce 360 strategy to drive traffic, increase conversions and grow average order value for its 2,500 customers.<\/p>\n

\u201cBridgeline is fully capitalized to cover all earnout, and debt obligations from our recent two acquisitions with a strong war chest to accelerate our sales and marketing efforts as well as pursue additional strategic opportunities,\u201d said Ari Kahn, President and CEO of Bridgeline Digital. \u201cWe thank our investors for their ongoing support.\u201d<\/p>\n

Bridgeline has acquired two companies in 2021, WooRank and Hawksearch. WooRank drives traffic to websites by helping improve search engine optimization. Hawksearch grows online revenues for eCommerce websites by increasing conversion and optimizing the search experience for visitors.
\u00a0
About Bridgeline Digital<\/strong><\/p>\n

Bridgeline helps companies grow online revenues by increasing their traffic, conversion rates, and average order values with its marketing platform and suite of apps. To learn more, please visit www.bridgeline.com or call (800) 603-9936.<\/p>\n

Contact:
Danielle Erwin
VP of Marketing
Bridgeline Digital
press@bridgeline.com<\/a><\/p>\n

\n \n <\/p>\n

\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

WOBURN, Mass., July 21, 2021 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), provider of cloud-based marketing technology software, announced today it has received over $7.3M in cash, including the $2.5M previously disclosed, as a result of the recent warrant exercises. These warrants were originally issued in 2019 with a strike price of $4.00. These funds bring Bridgeline\u2019s cash balance to more than $9M with 8,393,609 shares of common stock outstanding. The new capital is above and beyond Bridgeline\u2019s fully capitalized operating plan. The additional funds will be used to accelerate growth and execute Bridgeline\u2019s eCommerce 360 strategy to drive traffic, increase conversions and grow average order value for its 2,500 customers. \u201cBridgeline is fully capitalized to cover all earnout, … <\/p>\n

Continue reading “Bridgeline Receives More than $7.3M in Warrant Exercises”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515666","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBridgeline Receives More than $7.3M in Warrant Exercises - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bridgeline Receives More than $7.3M in Warrant Exercises - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WOBURN, Mass., July 21, 2021 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. 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The additional funds will be used to accelerate growth and execute Bridgeline\u2019s eCommerce 360 strategy to drive traffic, increase conversions and grow average order value for its 2,500 customers. \u201cBridgeline is fully capitalized to cover all earnout, … Continue reading "Bridgeline Receives More than $7.3M in Warrant Exercises"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-21T12:33:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4Mzk4NiM0MzA2OTIwIzIwMjY1OTc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bridgeline Receives More than $7.3M in Warrant Exercises\",\"datePublished\":\"2021-07-21T12:33:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\\\/\"},\"wordCount\":252,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI4Mzk4NiM0MzA2OTIwIzIwMjY1OTc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bridgeline-receives-more-than-7-3m-in-warrant-exercises\\\/\",\"name\":\"Bridgeline Receives More than $7.3M in Warrant Exercises - 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