Welcome to our dedicated page for Bollinger Innovations news (Ticker: BINI), a resource for investors and traders seeking the latest updates and insights on Bollinger Innovations stock.
Bollinger Innovations, Inc. reports news as a commercial electric vehicle manufacturer focused on fleet and last-mile delivery applications. Its lineup includes the Mullen ONE Class 1 urban delivery EV cargo van, the Mullen THREE Class 3 urban utility EV cab chassis truck, and the Bollinger B4 Class 4 all-electric commercial truck.
Company updates frequently cover vehicle sales and payments, dealer and service-network additions, fleet deployment agreements, manufacturing and sales coverage, compliance with U.S. vehicle and emissions standards, and operating cost actions. Corporate news also includes common-stock actions and the move from Nasdaq trading to the OTC Markets, reflecting listing-status and capital-structure developments alongside commercial EV operations.
Bollinger Innovations (NASDAQ: BINI) has announced a $7,500 price adjustment on its Mullen ONE and Mullen THREE commercial electric vehicles. When combined with federal incentives, customers can save up to $15,000 before September 30, 2025.
The Mullen ONE Class 1 EV cargo van is now priced at $27,000, while the Mullen THREE Class 3 EV cab chassis truck's MSRP is $61,000. The company, formerly known as Mullen Automotive, recently rebranded and will transition these vehicles to the Bollinger Motors brand for the 2026 model year.
The company's product lineup includes the Bollinger B4 Class 4 commercial electric truck, with plans to launch a Class 5 truck in the 2027 model year.
Bollinger Innovations (NASDAQ: BINI) has announced a 1-for-250 reverse stock split effective August 4, 2025, at 12:01 a.m. Eastern Time. The primary goal is to regain compliance with Nasdaq's $1.00 minimum bid price requirement.
The reverse split will automatically convert every 250 current shares into one new share, reducing the total outstanding shares from approximately 423.5 million to 1.7 million. The stock will continue trading under the symbol BINI with a new CUSIP number 62526P885.
The split was approved by stockholders on July 22, 2025, and will proportionally adjust equity awards, warrants, convertible notes, and preferred stock conversion prices. No fractional shares will be issued, with all fractions rounded up to the nearest whole share.
Bollinger Innovations (NASDAQ: BINI), an emerging EV manufacturer, has significantly strengthened its balance sheet by eliminating all warrants and $25.3 million of convertible notes. The company achieved this through agreements with existing noteholders to exchange convertible notes and warrants for newly created preferred stock, resulting in an approximate $133 million increase in shareholder equity.
The company's commercial EV lineup includes the ONE (Class 1 EV cargo van) and THREE (Class 3 EV cab chassis truck) for urban last-mile delivery, both fully compliant with federal safety standards and emissions requirements. Additionally, their B4 Chassis Cab, a Class 4 commercial truck, features a 158-kWh battery pack, 185-mile range, and 7,325-pound payload capacity.
Bollinger Innovations, Inc. (Nasdaq: BINI), formerly known as Mullen Automotive Inc., has officially completed its corporate name change effective July 28, 2025. The company's Nasdaq stock symbol has been updated from its previous ticker to BINI at market open on the same date.
The name and symbol change does not affect the company's CUSIP number, legal structure, or business operations. Shareholders are not required to take any action. The EV manufacturer now unifies its commercial Class 1, 3, and 4 vehicles under the Bollinger brand.