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Bollinger Innovations Commits to Long-Term Stability, Announces NO Further Reverse Stock Splits for Next 3 Years

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Bollinger Innovations (NASDAQ: BINI), an electric vehicle manufacturer, has announced its commitment to avoid any further reverse stock splits for the next three years following its latest split on September 22, 2025. The recent reverse split was implemented to maintain Nasdaq listing compliance by meeting the $1.00 minimum bid price requirement.

The company also reported receiving $1,074,035 in revenue from commercial electric vehicle sales in August 2025, demonstrating continued sales growth and improved cash flow. CEO David Michery emphasized that while the reverse split decision was challenging, it was necessary for maintaining their Nasdaq listing and ensuring long-term company viability.

Bollinger Innovations (NASDAQ: BINI), produttore di veicoli elettrici, ha annunciato il suo impegno a non effettuare ulteriori reverse stock split nei prossimi tre anni dopo l'ultima divisione avvenuta il 22 settembre 2025. La recente reverse split è stata attuata per mantenere la conformità all'elenco Nasdaq rispettando il prezzo minimo di offerta di $1,00.

La società ha anche riportato $1,074,035 di entrate dalle vendite di veicoli elettrici commerciali nell'agosto 2025, dimostrando una crescita continua delle vendite e un miglioramento del flusso di cassa. Il CEO David Michery ha sottolineato che, sebbene la decisione di reverse split sia stata difficile, era necessaria per mantenere la quotazione Nasdaq e garantire la viabilità a lungo termine dell'azienda.

Bollinger Innovations (NASDAQ: BINI), un fabricante de vehículos eléctricos, ha anunciado su compromiso de no realizar más divisiones inversas de acciones durante los próximos tres años tras su última división el 22 de septiembre de 2025. La reciente división inversa se implementó para mantener el cumplimiento de la cotización en Nasdaq al cumplir con el requisito de precio mínimo de oferta de $1.00.

La empresa también informó haber recibido $1,074,035 en ingresos por ventas de vehículos eléctricos comerciales en agosto de 2025, lo que demuestra un crecimiento continuo de las ventas y una mejora en el flujo de caja. El CEO David Michery enfatizó que, si bien la decisión de la división inversa fue un desafío, era necesaria para mantener la cotización en Nasdaq y asegurar la viabilidad a largo plazo de la empresa.

볼링거 이노베이션스(NASDAQ: BINI), 전기차 제조업체는 2025년 9월 22일의 최신 분할 이후 향후 3년간 추가 역배당 분할을 피하겠다는 약속을 발표했습니다. 최근의 역분할은 Nasdaq 상장 규정을 유지하기 위해 $1.00 최소 호가 요건을 충족하기 위해 시행되었습니다.

회사는 또한 2025년 8월 상업용 전기차 판매로 $1,074,035의 수익을 보고하여 매출 성장 지속 및 현금 흐름 개선을 보여주었습니다. CEO David Michery는 역분할 결정이 어려웠지만 Nasdaq 상장 유지와 장기적인 회사 생존 가능성을 보장하기 위해 필요하다고 강조했습니다.

Bollinger Innovations (NASDAQ: BINI), fabricant de véhicules électriques, a annoncé son engagement à éviter tout regroupement inversé d'actions au cours des trois prochaines années après son dernier regroupement le 22 septembre 2025. Le récent regroupement inversé a été mis en œuvre pour maintenir la conformité à l'inscription Nasdaq en respectant le exigence de prix d'offre minimum de 1,00 $.

La société a également déclaré avoir enregistré $1,074,035 de revenus provenant des ventes de véhicules électriques commerciaux en août 2025, démontrant une croissance continue des ventes et une amélioration du flux de trésorerie. Le PDG David Michery a souligné que, bien que la décision de regroupement inversé ait été difficile, elle était nécessaire pour maintenir l'inscription Nasdaq et assurer la viabilité à long terme de l'entreprise.

Bollinger Innovations (NASDAQ: BINI), ein Hersteller von Elektrofahrzeugen, hat seine Verpflichtung bekannt gegeben, in den nächsten drei Jahren keine weiteren Umkehraktien-Splits durchzuführen, nach dem jüngsten Split am 22. September 2025. Der jüngste Reverse-Split wurde umgesetzt, um die Nasdaq-Listung zu erfüllen, indem die $1,00 Mindestgebotspreis-Anforderung eingehalten wird.

Das Unternehmen meldete zudem $1,074,035 Umsatz aus dem Verkauf von kommerziellen Elektrofahrzeugen im August 2025, was weiterhin Umsatzwachstum und verbesserte Cashflows demonstriert. Der CEO David Michery betonte, dass der Reverse-Split zwar herausfordernd war, aber notwendig, um die Nasdaq-Listung aufrechtzuerhalten und die langfristige Lebensfähigkeit des Unternehmens zu sichern.

Bollinger Innovations (NASDAQ: BINI)، شركة مصنعة للمركبات الكهربائية، أعلنت عن التزامها بتجنب أي تقسيم عكسي للأسهم خلال السنوات الثلاث المقبلة عقب آخر تقسيم في 22 سبتمبر 2025. تم تنفيذ التقسيم العكسي الأخير للحفاظ على الامتثال لقائمة Nasdaq من خلال تحقيق شرط سعر العرض الأدنى البالغ 1.00 دولار.

كما أفادت الشركة بأنها تلقت $1,074,035 دولارًا من الإيرادات من مبيعات مركبات كهربائية تجارية في أغسطس 2025، مما يُظهر استمرار نمو المبيعات وتحسن التدفقات النقدية. أكّد الرئيس التنفيذي ديفيد ميشر أن قرار التقسيم العكسي كان تحديًا، لكنه كان ضروريًا للحفاظ على إدراج Nasdaq وضمان جدوى الشركة على المدى الطويل.

Bollinger Innovations(纳斯达克股票代码:BINI),一家电动汽车制造商,宣布在2025年9月22日最近一次拆分之后,未来三年不再进行任何反向拆分,以维持纳斯达克上市。最近的反向拆分是为了通过满足$1.00 最低买入价要求来保持上市合规。

公司还报告在2025年8月通过商用电动汽车销售获得了$1,074,035美元的收入,显示出持续的销售增长和现金流改善。首席执行官大卫·迈切里强调,尽管反向拆分的决定具有挑战性,但为了维持纳斯达克上市和确保公司长期可行性,这是必要的。

Positive
  • None.
Negative
  • Required reverse stock split to meet minimum bid requirements indicates previous stock price weakness
  • History of reverse splits may suggest ongoing capitalization challenges

Company recently announced receipt of $1,074,035 for vehicles sold in August 2025; Bollinger continues sales growth while improving cash flow

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 reverse stock split was not taken lightly," said David Michery, CEO and chairman of Bollinger Innovations and Bollinger Motors. "We understand the concerns that can arise from such corporate actions. However, this move was crucial for ensuring the long-term viability of the company and our ability to remain a publicly traded entity on Nasdaq. We are committed to a path of long-term sustainable growth and intend to not implement another reverse split over the next three years."


About Bollinger Innovations

Bollinger Innovations (NASDAQ: BINI) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with a U.S. based vehicle manufacturing facility located in Tunica, Mississippi. Both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are available for sale in the U.S. The Company’s commercial dealer network consists of six dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets.

Bollinger Motors, of Oak Park, Michigan, is an established EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.

To learn more about the Company, visit www.BollingerEV.com.

Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Bollinger Innovations and are difficult to predict. Examples of such risks and uncertainties include but are not limited to our ability to successfully reduce expenses and realize the anticipated cost savings, the Company's ability to successfully execute on its business plan, the impact of the Reverse Stock Split on the Company’s share price; the success of the Reverse Stock Split, and the Company’s ability to regain and maintain compliance with Nasdaq Listing standards. Additional examples of such risks and uncertainties include but are not limited to: (i) Bollinger Innovations’ ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Bollinger Innovations’ ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Bollinger Innovations’ ability to successfully expand in existing markets and enter new markets; (iv) Bollinger Innovations’ ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Bollinger Innovations’ business; (viii) changes in government licensing and regulation that may adversely affect Bollinger Innovations ‘ business; (ix) the risk that changes in consumer behavior could adversely affect Bollinger Innovations’ business; (x) Bollinger Innovations’ ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Bollinger Innovations with the Securities and Exchange Commission. Bollinger Innovations anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Bollinger Innovations assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Bollinger Innovations’  plans and expectations as of any subsequent date.

Contact:
Bollinger Innovations, Inc.
+1 (714) 613-1900
www.BollingerEV.com

Corporate Communications:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512-354-7000 Office
Editor@InvestorBrandNetwork.com


FAQ

What did Bollinger Innovations (BINI) announce about future reverse stock splits?

Bollinger Innovations announced it will not implement any reverse stock splits for at least the next three years, following its September 22, 2025 reverse split.

How much revenue did Bollinger Innovations (BINI) generate from vehicle sales in August 2025?

Bollinger Innovations reported revenue of $1,074,035 from commercial electric vehicle sales in August 2025.

Why did Bollinger Innovations (BINI) implement its latest reverse stock split?

The reverse stock split was implemented to maintain Nasdaq listing compliance by meeting the $1.00 minimum bid price requirement.

When did Bollinger's (BINI) latest reverse stock split take effect?

Bollinger's reverse stock split went into effect on September 22, 2025, at 12:01 a.m. Eastern Time.

What is Bollinger Innovations' (BINI) strategy for long-term growth?

The company is focusing on sustainable growth and value creation for shareholders, maintaining its Nasdaq listing, and has committed to avoiding reverse splits for the next three years.
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