Blink Charging Announces Pricing of $20 Million Public Offering of Common Stock

Blink Charging (NASDAQ: BLNK) priced a public offering of 26,666,666 shares of common stock at $0.75 per share, generating gross proceeds of about $20 million.

Rhea-AI Summary

Blink Charging (NASDAQ: BLNK) priced a public offering of 26,666,666 shares of common stock at $0.75 per share, generating gross proceeds of about $20 million. Closing is expected on or about December 12, 2025, subject to customary closing conditions.

The company said net proceeds will be used primarily to fund capital expenditures to expand its owned and operated DC Fast Charging network and to support working capital and general corporate requirements. H.C. Wainwright and Roth Capital Partners are the exclusive co-placement agents. The offering follows an SEC-declared effective Form S-1 (File No. 333-291943) on December 10, 2025.

Positive

• Gross proceeds of approximately $20 million
• Proceeds earmarked to expand DC Fast Charging network
• Funds to support working capital and general corporate needs

Negative

• 26,666,666 shares offered, which will dilute existing shareholders
• Net proceeds will be reduced by placement agents’ fees and offering expenses
• Closing is subject to customary conditions and expected on or about Dec 12, 2025

Argus Dec 11 session

-6.15% close to close Open Argus

Details

News Market Reaction – BLNK

On Dec 11, the day this news came out, BLNK closed 6.15% below the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Market Context

On Dec 11, the day this news came out, the stock closed 6.2% below the previous close. A negative re...

Analysis

On Dec 11, the day this news came out, the stock closed 6.2% below the previous close. A negative reaction despite the capital raise fits a pattern where BLNK has often declined after news, even when operations appeared to progress. The offering of 26,666,666 shares at $0.75 adds supply immediately after prior registrations for resale, against a backdrop of going‑concern language and cash burn. Historical divergences on positive announcements highlight how dilution concerns and balance‑sheet risk could have amplified downside pressure.

Key Figures

Shares offered: 26,666,666 shares Offering price: $0.75 per share Gross proceeds: $20 million +5 more

Shares offered

26,666,666 shares

Common stock in December 2025 public offering

Offering price

$0.75 per share

Public offering pricing on Dec 11, 2025

Gross proceeds

$20 million

Expected gross proceeds from public offering

Registered resale shares

13,595,059 shares

Shares registered on S-1 for resale by stockholders

Envoy warrant exercise price

$0.01 per share

Exercise price for 3,898,177 Envoy Warrants

Q3 2025 revenue

$27,030 thousand

Quarterly revenue reported in Q3 2025 10-Q

Q3 2025 net loss

$86 thousand

Near breakeven net result for Q3 2025

Cash and equivalents

$23,110 thousand

Cash balance as of Sept 30, 2025

Historical Context

5 past events · Latest: Nov 17

5 events

1. Nov 17

   Public contract win

   24h Move

   -0.7%

   Sourcewell contract expands access to EV charging for 50,000+ public entities.

2. Nov 06

   Q3 earnings

   24h Move

   -7.9%

   Q3 2025 results with revenue growth but going concern and cash burn risks.

3. Nov 05

   Ops restructuring

   24h Move

   +10.8%

   Shift to contract manufacturing aimed at lower overhead and faster expansion.

4. Nov 04

   Strategic partnership

   24h Move

   -5.1%

   Collaboration with Karbon Homes to expand EV infrastructure across 34,000 homes.

5. Nov 03

   Product launch

   24h Move

   -8.2%

   Launch of Shasta Level 2 chargers targeting fleet and multifamily customers.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

public offering, common stock, form s-1, prospectus

4 terms

public offering financial

"today announced the pricing of a public offering of 26,666,666 shares"

A public offering is when a company sells shares to the general public through the stock market, either by issuing new shares to raise cash or by letting existing owners sell their stakes. Think of it like a business opening its doors to many new owners at once: it can bring in money for growth but also increases the number of shares available, which can change the stock price and dilute existing ownership — key factors investors watch closely.

common stock financial

"public offering of 26,666,666 shares of its common stock at a public"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

form s-1 regulatory

"A registration statement on Form S-1 (File No. 333-291943) relating"

A Form S-1 is the registration filing a company submits to the U.S. Securities and Exchange Commission when it plans to offer stock to the public, most commonly for an initial public offering. Think of it as the company’s full disclosure packet or blueprint: it contains audited financials, business description, management background, risk factors and details of the offering, giving investors the information needed to judge the company’s financial health and potential risks before buying shares.

prospectus regulatory

"The offering is being made only by means of a prospectus forming part"

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Bowie, MD, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK), a leading global owner, operator and provider of electric vehicle (EV) charging equipment and services, today announced the pricing of a public offering of 26,666,666 shares of its common stock at a public offering price of $0.75 per share. The closing of the offering is expected to occur on or about December 12, 2025, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. and Roth Capital Partners are acting as the exclusive co-placement agents for the offering.

The gross proceeds to the Company from the offering are expected to be approximately $20 million, before deducting the placement agents’ fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from this offering primarily to fund capital expenditures to expand the Company’s owned and operated DC Fast Charging network and to support its working capital and general corporate requirements.

A registration statement on Form S-1 (File No. 333-291943) relating to the offering was declared effective by the Securities and Exchange Commission (the “SEC”) on December 10, 2025. The offering is being made only by means of a prospectus forming part of the effective registration statement relating to the offering. A preliminary prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus, when available, may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained, when available, by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com, or by contacting Roth Capital Partners, LLC, 888 San Clemente Drive, Newport Beach, CA 92660 or by email at rothecm@roth.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About Blink Charging 

Blink Charging Co. (NASDAQ: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. The Company’s principal line of products and services include the Company’s EV charging networks (“Blink Networks”), EV charging equipment and EV charging services. Blink Networks use proprietary, cloud-based software that operates, maintains and tracks the EV charging stations connected to the network and the associated charging data. The Company has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets and transportation hubs.

For more information, please visit https://blinkcharging.com/

Forward-Looking Statements 

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of the Company and members of its management regarding the Company’s strategy and descriptions of its future operations, prospects and plans, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including market conditions, the completion of the offering, the satisfaction of customary closing conditions related to the offering, the intended use of net proceeds from the offering and other risks described in the Company’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, the Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions. 

Blink Investor Relations Contact 
Vitalie Stelea
IR@BlinkCharging.com

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Blink Charging (BLNK) offer in the December 11, 2025 public offering?

Blink priced an offering of 26,666,666 common shares.

What price per share did Blink Charging (BLNK) set for the December 2025 offering?

The public offering price was set at $0.75 per share.

How much gross capital will Blink Charging (BLNK) raise from the December 2025 offering?

The offering is expected to generate approximately $20 million in gross proceeds.

What will Blink Charging (BLNK) use the net proceeds for after the December 2025 offering?

Net proceeds will primarily fund capital expenditures to expand its DC Fast Charging network and support working capital and general corporate requirements.

When is the expected closing date for Blink Charging's (BLNK) offering announced December 11, 2025?

The closing is expected to occur on or about December 12, 2025, subject to customary closing conditions.

Who are the placement agents for Blink Charging's (BLNK) December 2025 offering?

H.C. Wainwright and Roth Capital Partners are the exclusive co-placement agents.