(Total Views: 46)
Posted On: 07/29/2025 4:22:20 PM
Post# of 1104
NetworkNewsBreaks – Bollinger Innovations, Inc. (NASDAQ: BINI) Eliminates Warrants and $25.3 Million in Convertible Notes to Strengthen Balance Sheet
Bollinger Innovations (NASDAQ: BINI), an emerging electric vehicle manufacturer, announced it has eliminated all warrants and $25.3 million of convertible notes through agreements with existing noteholders to exchange the debt into newly created preferred stock. CEO and Chairman David Michery said the move improves the company’s capital structure and reflects continued investor support. Bollinger’s commercial EV lineup includes the ONE Class 1 cargo van, THREE Class 3 cab chassis, and the B4 Class 4 chassis cab, all compliant with U.S. Federal Motor Vehicle Safety Standards, EPA, and CARB certifications.
NOTE TO INVESTORS: The latest news and updates relating to BINI are available in the company’s newsroom at https://nnw.fm/BINI
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Bollinger Innovations (NASDAQ: BINI), an emerging electric vehicle manufacturer, announced it has eliminated all warrants and $25.3 million of convertible notes through agreements with existing noteholders to exchange the debt into newly created preferred stock. CEO and Chairman David Michery said the move improves the company’s capital structure and reflects continued investor support. Bollinger’s commercial EV lineup includes the ONE Class 1 cargo van, THREE Class 3 cab chassis, and the B4 Class 4 chassis cab, all compliant with U.S. Federal Motor Vehicle Safety Standards, EPA, and CARB certifications.
NOTE TO INVESTORS: The latest news and updates relating to BINI are available in the company’s newsroom at https://nnw.fm/BINI
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
(0)
(0)
