Blink Charging Co SEC Filings

Blink Charging (BLNK) filed its Q3 2025 10‑Q, reporting quarterly revenue of $27,030 thousand, up from $25,187 thousand a year ago. Gross profit was $9,666 thousand versus $9,119 thousand. The quarter was near breakeven with a net loss of $86 thousand compared to a loss of $87,389 thousand last year.

Year-to-date, revenue totaled $76,451 thousand versus $96,017 thousand. Cash and cash equivalents were $23,110 thousand as of September 30, 2025, and operating activities used $31,540 thousand of cash in the nine-month period. Management disclosed that, absent additional capital or improved operating cash flow, this raises substantial doubt about the Company’s ability to continue as a going concern for at least one year from issuance. The company issued 9,696,882 shares and warrants to purchase 3,898,177 shares to settle Envoy consideration and sold 681,330 shares under its ATM for gross proceeds of $909 thousand. Blink acquired Zemetric for total consideration of approximately $3,552 thousand, including $1,151 thousand in stock and $2,194 thousand in earn-out liabilities.

Blink Charging Co. (Nasdaq: BLNK) reported that it has announced its financial results for the third quarter ended September 30, 2025. The disclosure was made under Item 2.02 (Results of Operations and Financial Condition).

The accompanying press release is provided as Exhibit 99.1 and is furnished, not filed, meaning it is not subject to Section 18 liability nor incorporated by reference except as expressly stated.

Blink Charging (BLNK) reported that on October 29, 2025, the Clark County, Nevada District Court entered a final order and judgment approving the settlement of a shareholder derivative action. The Court found the settlement fair, reasonable and adequate, dismissed the case and related claims with prejudice, and ordered the parties to perform the settlement’s terms.

The judgment provides mutual releases, confirms no admission of wrongdoing or liability by any defendant or the Company, and states the parties will bear their own costs except as otherwise provided in the settlement. Plaintiffs must file a voluntary dismissal with prejudice of the related Florida action by December 2, 2025, resolving the derivative litigation against current and former officers and directors.

Blink Charging Co. (BLNK) filed a Form S-1 to register up to 13,595,059 shares of common stock for resale by selling stockholders. The registered shares comprise 9,696,882 shares previously issued and 3,898,177 shares issuable upon exercise of Envoy Warrants at an exercise price of $0.01 per share. The company will not receive proceeds from resales; it would receive only any cash paid upon warrant exercise, which totals approximately $38,982 if all registered warrants are exercised in cash.

The Envoy Warrants were issued in connection with the Envoy Technologies acquisition and vest in price-based tranches tied to seven consecutive trading days at $1.70, $2.10, and $4.85. A 120-day leak-out limits sales to 2% per day and 20% per month. BLNK last closed at $1.89 per share on October 20, 2025. The prospectus highlights ongoing risks, including substantial net losses and a going concern uncertainty noted as of June 30, 2025.

Blink Charging Co. director Jack Levine reported an acquisition of common stock on 09/05/2025. He purchased 21,000 shares at $1.025 per share and, after the transaction, beneficially owns 193,857 shares indirectly through the Jack Levine Revocable Trust where he is trustee and beneficiary. Separately, 206,979 shares are reported as directly owned. The filing notes a prior transfer of individually held shares into the revocable trust for no consideration. The Form 4 is signed by Jack Levine on 09/08/2025 and identifies his relationship to the issuer as a director.

Michael Bercovich, Chief Financial Officer and director of Blink Charging Co. (BLNK), reported a purchase of 6,000 shares of the company's common stock on 09/05/2025 at a weighted-average price of $1.024 per share (individual trade prices ranged from $1.02 to $1.0287). After the transaction, Mr. Bercovich beneficially owned 123,230 shares. The Form 4 indicates the transaction was a direct acquisition and provides a signed filing by the reporting person on 09/05/2025.