Recent Updates — BLNH

Blue Line Holdings, Inc. entered into a new loan agreement on August 5, 2026, for $15,000 in proceeds to be used for general working capital, requiring the issuance of 35,000 common shares and full repayment by February 28, 2027. The company also amended existing loans totaling $50,000 in principal, extending their due dates from June 30, 2026, to February 28, 2027, in exchange for issuing an additional 20,000 common shares. These transactions involve unregistered sales of equity securities to sophisticated investors under Section 4(a)(2) exemptions. The company operates in the holding and investment sector.

Blue Line Holdings, Inc. dismissed BCRG Group as its independent registered public accounting firm and appointed Simon & Edward LLP effective August 3, 2026, following S&E's acquisition of BCRG's attest business on June 15, 2026. The company's prior auditors included an explanatory paragraph in their reports for fiscal years ended June 30, 2025 and 2024 indicating substantial doubt regarding the company's ability to continue as a going concern. There were no disagreements with BCRG on accounting principles or auditing procedures, though material weaknesses in internal control over financial reporting previously disclosed remain relevant. Blue Line Holdings, Inc. operates in the holding company sector.