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Stock impact report

Bollinger Innovations Commits to Long-Term Stability, Announces NO Further Reverse Stock Splits for Next 3 Years [Yahoo! Finance]

Bollinger Innovations, Inc. (BINI) 
Company Research Source: Yahoo! Finance
BREA, Calif., Sept. 23, 2025 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Innovations, Inc. (NASDAQ: BINI ) (“Bollinger Innovations” or the “Company”), an electric vehicle manufacturer, today announces that the reverse stock split (“Reverse Stock Split”) of its common stock that went into effect on Sept. 22, 2025, at 12:01 a.m. Eastern Time is expected to be the last reverse stock split the Company will implement for at least the next three years. The Company also recently announced the receipt of over $1 million ($1,074,035) for commercial electric vehicles sold in August 2025. The reverse stock split was a necessary step to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its Nasdaq listing. The Board of Directors and management believe this action, while primarily intended to meet Nasdaq's listing requirements, also sets the stage for a period of focused growth and value creation for our shareholders. "The decision to conduct another r Show less Read more
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