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BLIN - Bridgeline secures over $2.5M in warrant exercises
Bridgeline Digital Inc.
U.S. digital engagement company Bridgeline Digital (BLIN) has announced the cash receipt of over $2.5M in warrant exercises.This additional capital will be used to drive growth and implement the company's eCommerce 360 strategy to increase conversions, traffic and average order value for its 2,500 customers.The funds bring the company's cash balance to ~$6M.The warrants were issued in 2019 at $4.00 strike price.Shares up +21.04%