Bridgeline Digital Inc., (BLIN)

[TheFinalCD]

8-k “We are extremely excited to announce that 100 percent of the convertible debt that has been on our balance sheet has converted into common stock at the election of the noteholders,” said Ari Kahn, Bridgeline’s President and Chief Executive Officer. “

Not only does this significantly improve our balance, and reduce the amount of interest we pay on a quarterly basis, but this also sends a strong message that our noteholders elected to become shareholders, and they believe in the future of Bridgeline Digital, and support our transition to a true SaaS business model with higher license revenue and recurring revenue.

We look forward to continuing to execute our business plan and increase shareholder value.”