Fundz

Blum

Artificial Intelligence, Blockchain, Cannabis

Blum is a decentralized exchange, offering universal token access through gamification within a Telegram mini-app.

Key facts

Employees
Unknown
Industries
Artificial Intelligence, Blockchain, Cannabis
Status
Public (BLMH)
Website
www.blum.io
LinkedIn
Company page

Recent activity at Blum

  • : SEC 8-K (1.01):
  • : SEC 8-K (7.01):
  • : SEC 8-K (1.01): On December 3, 2025, Blum Holdings, Inc. executed an Unsecured Promissory Note for $500,000, referred to as the December 3rd Note, with an accredited investor identified as the Lender. The note features an 8.0% annual interest rate, with a maturity date set for October 31, 2027, and allows for prepayment at any time without penalty. Importantly, the note is convertible into equity at the Lender’s option, based on a pre-money valuation of $20,900,000, yielding a conversion price of $0.98 per share. This agreement is among multiple related transactions, reflecting continuous engagement with the Lender over three days with amounts including $200,000 on each of the previous days, December 1 and 2, 2025, suggesting strategic funding efforts by Blum Holdings.
  • : SEC 8-K (5.02): On November 17, 2025, Matthew Barron resigned from the Board of Directors of Blum Holdings, Inc. This resignation took place without any disagreement regarding the company's operations, policies, or practices. Mr. Barron was also a member of the Audit Committee prior to his departure. This change in the board is integral as it might influence the corporate governance and decision-making within the company.
  • : SEC 8-K (5.02): Effective November 17, 2025, Matthew Barron resigned from the Board of Directors of Blum Holdings, Inc. Mr. Barron was previously a member of the Audit Committee. The resignation was communicated as not being related to any disagreements with the Company regarding its operations, policies, or practices. This change in the board could signal a shift in governance and oversight for the Company, potentially impacting its future strategic direction and decision-making processes.
  • : SEC 8-K (8.01): On November 13, 2025, Blum Holdings, Inc. issued various amounts of its common stock to repay accounts payable and convert debts to equity. The Company allocated 1,530,612 shares to Adnant, LLC as repayment of $1.5 million in accounts payable, alongside issuing 2,482,308 shares to convert debt under a pre-existing agreement. Additionally, the Company issued 1,809,270 shares to previous stockholders of Safe Accessible Solutions, Inc. and 1,702,352 shares to Coastal Pine Holdings, Inc. as part of an amendment fee. A total of 434,783 shares were issued to EWC Resources Inc. sellers, subject to a 12-month holdback, while 3,633,540 shares are being held back pending the conclusion of the acquisition of a majority stake in Green Door Redding, LLC. These transactions potentially signify significant equity restructuring and strategic partnerships for the Company.
  • : Blum Holdings, Inc. Reaches Global Settlement with People’s California, LLC
  • : Blum raised $5M in a seed funding round led by gumi Cryptos Capital and others to expand its decentralized trading platform on Telegram.

Blum funding history

DateRoundAmount
Feb 2025Seed$5.0M

Leadership

  • Igor Pugachevsky, Founder
  • Gleb Kostarev, Founder

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Blum in the news

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About Blum: questions and answers

What does Blum do?

Blum is a decentralized exchange, offering universal token access through gamification within a Telegram mini-app.

Has Blum raised funding?

Yes. Fundz has recorded 1 funding event for Blum. The most recent, Seed of $5.0M, was in Feb 2025.

Who leads Blum?

Igor Pugachevsky is a Founder at Blum.

What is the latest news on Blum?

On Jan 07, 2026, SEC 8-K (1.01):

Is Blum a public company?

Yes. Blum is publicly traded under the ticker BLMH.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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