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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 29, 2025
BLINK
CHARGING CO.
(Exact
name of registrant as specified in its charter)
| Nevada |
|
001-38392 |
|
03-0608147 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
5081
Howerton Way, Suite A
Bowie, Maryland |
|
20715 |
| (Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (305) 521-0200
N/A
(Former
name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
| |
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |
|
|
| |
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |
|
|
| |
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| |
|
|
| |
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of Each Exchange on Which Registered |
| Common
Stock |
|
BLNK
|
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
CURRENT
REPORT ON FORM 8-K
Blink
Charging Co. (the “Company”)
October
29, 2025
Item
8.01. Other Events.
As
previously reported by the Company in its Current Report on Form 8-K filed with the Securities and Exchange Commission on September 2,
2025, the Clark County, Nevada District Court (the “Court”) granted preliminary approval of the proposed settlement of the
derivative action captioned McCauley (derivatively on behalf of Blink Charging Co.) v. Farkas, et al., Case No. A-22-847894-C (the “Nevada
Action”) on August 15, 2025. Subject to final approval by the Court, and in exchange for a release of all claims by the plaintiffs,
the proposed settlement required a comprehensive release and dismissal with prejudice of the Nevada Action and a related consolidated
derivative action filed in Miami Dade County, Florida Circuit Court captioned In re Blink Charging Company Stockholder Derivative Litigation,
Lead Case No. 2020-019815-CA-01 (the “Florida Action”) (together, the “Derivative Litigation”).
On
October 29, 2025, the Court entered a final order and judgment approving the settlement of the Nevada Action. The Court found the settlement
fair, reasonable and adequate, dismissed the action and all related claims with prejudice and ordered the parties to perform the settlement’s
terms. The judgment provides for mutual releases of all claims by and among the parties, confirms that the settlement and related acts
do not constitute an admission of wrongdoing or liability by any defendant or by the Company, and states that the parties will bear their
own costs except as otherwise provided in the settlement. Pursuant to the settlement, plaintiffs are obligated to submit a notice of
voluntary dismissal with prejudice of the Florida Action by December 2, 2025.
The
judgment results in the resolution of the Derivative Litigation against current and former Company officers and directors without any
admission of liability and eliminates further litigation risk relating to the released claims, subject only to the court’s continuing
jurisdiction to enforce the settlement.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| |
BLINK
CHARGING CO. |
| |
|
| Date:
November 4, 2025 |
By: |
/s/
Michael C. Battaglia |
| |
Name: |
Michael
C. Battaglia |
| |
Title: |
President
and Chief Executive Officer |