 WOBURN, Mass., May 12, 2021 GLOBE NEWSWIRE -- Bridgeline Digital, Inc. NASDAQ: BLIN Bridgeline or the Company, a provider of cloud-based Marketing Technology software, announced today a registered direct offering priced at-the-market of 1,060,000 shares of its common stock at a price of 2.28 per share, for gross proceeds of approximately 2.4 million prior to deduction of commissions and offering expenses. Additionally, the Company has entered into securities purchase agreements with certain institutional investors in connection with a private placement of 2,700 shares of its Series D Convertible Preferred Stock the Series D Preferred Stock at a price of 1,000 per share and warrants to purchase up to an aggregate of 592,105 shares of common stock at an exercise price of 2.51 per share the Warrants. The Company expects to receive gross proceeds from the private placement of approximately 2.7 million, prior to deduction of commissions and offering expenses. 