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Posted On: 09/23/2025 4:13:47 PM
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NetworkNewsBreaks – Bollinger Innovations, Inc. (NASDAQ: BINI) Completes Reverse Stock Split, Pledges No Further Splits for Three Years
Bollinger Innovations (NASDAQ: BINI), an electric vehicle manufacturer, announced that its reverse stock split effective Sept. 22, 2025, is expected to be the last such action for at least the next three years. The split brought the company into compliance with Nasdaq’s $1.00 minimum bid price requirement. CEO and Chairman David Michery said the move was essential to maintain the company’s listing and long-term viability, while positioning Bollinger Innovations for focused growth and value creation. The company also recently reported receiving more than $1 million in payments for commercial electric vehicles sold in August 2025.
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 electric vehicle manufacturer, announced that its reverse stock split effective Sept. 22, 2025, is expected to be the last such action for at least the next three years. The split brought the company into compliance with Nasdaq’s $1.00 minimum bid price requirement. CEO and Chairman David Michery said the move was essential to maintain the company’s listing and long-term viability, while positioning Bollinger Innovations for focused growth and value creation. The company also recently reported receiving more than $1 million in payments for commercial electric vehicles sold in August 2025.
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
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