Curated News
By: NewsRamp Editorial Staff
September 23, 2025
Bollinger Innovations Completes Final Reverse Stock Split, Eyes EV Growth
TLDR
- Bollinger Innovations' reverse stock split maintains Nasdaq compliance, positioning investors for potential growth as the company reports over $1 million in recent EV sales.
- The reverse stock split effective September 22, 2025, brought Bollinger Innovations into compliance with Nasdaq's $1.00 minimum bid price requirement for at least three years.
- Bollinger Innovations' electric vehicle production and Nasdaq compliance support sustainable transportation while creating American manufacturing jobs in their Tunica, Mississippi facility.
- Bollinger Innovations operates both commercial EV manufacturing and an established truck company with over 50 dealer locations across the United States.
Impact - Why it Matters
This development signals important stability for investors in the volatile electric vehicle sector, as maintaining Nasdaq compliance reduces delisting risk and indicates management's confidence in long-term growth prospects. For the broader EV market, Bollinger's commercial vehicle focus addresses a critical segment of transportation electrification that impacts supply chains and urban logistics. The company's expanding dealer network and recent sales figures suggest growing market acceptance of commercial EVs, which could accelerate the transition to sustainable transportation while creating manufacturing jobs in regions like Mississippi. As regulatory pressure increases for fleet electrification, Bollinger's positioning could make it a key player in helping businesses meet sustainability goals.
Summary
Bollinger Innovations (NASDAQ: BINI), a Southern California-based electric vehicle manufacturer, has announced a significant corporate milestone with its reverse stock split effective September 22, 2025. CEO and Chairman David Michery emphasized that this strategic move was essential to maintain compliance with Nasdaq's $1.00 minimum bid price requirement and represents what the company expects to be its final such action for at least three years. The company's leadership positions this as a crucial step toward long-term viability and focused growth, coming alongside recent commercial success evidenced by over $1 million in payments received for commercial EV sales in August 2025.
The company operates through its primary manufacturing facility in Tunica, Mississippi, and maintains a growing commercial dealer network that includes six established partners such as Papé Kenworth and Randy Marion Auto Group, providing coverage across key markets from the West Coast to the Mid-Atlantic. Bollinger Innovations' product lineup features the ONE (Class 1 EV cargo van) and THREE (Class 3 EV cab chassis truck), while its established subsidiary Bollinger Motors continues to expand with the recent production launch of its B4 Class 4 electric truck and a robust dealer network exceeding 50 locations nationwide. The news was distributed through TechMediaWire, part of the Dynamic Brand Portfolio managed by IBN, which provides extensive financial communications services including press release enhancement and syndication to thousands of outlets.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Bollinger Innovations Completes Final Reverse Stock Split, Eyes EV Growth
