TechMediaBreaks – Bollinger Innovations, Inc. (NASDAQ: BINI) to Enact 1-for-250 Reverse Stock Split
Bollinger Innovations (NASDAQ: BINI), an electric vehicle manufacturer, will implement a 1-for-250 reverse stock split of its common stock effective Sept. 22, 2025, at 12:01 a.m. Eastern Time. Shares will continue trading on Nasdaq under the ticker BINI on a split-adjusted basis beginning that day, with a new CUSIP number of 62526P877. The reverse split, approved by stockholders on Sept. 11, is intended to help the company regain compliance with Nasdaq’s $1.00 minimum bid price requirement. Each 250 shares of common stock will be automatically converted into one share, reducing the outstanding share count from approximately 126.2 million to about…