TechMediaBreaks – Bollinger Innovations, Inc. (NASDAQ: BINI) to Implement 1-for-250 Reverse Stock Split Effective August 4
Bollinger Innovations (NASDAQ: BINI), an electric vehicle manufacturer, will implement a 1-for-250 reverse stock split of its common stock effective August 4, 2025, at 12:01 a.m. Eastern Time. The company’s shares will continue trading on Nasdaq under the symbol BINI and will begin trading on a split-adjusted basis when markets open that day. The reverse split, approved by stockholders at a July 22 special meeting, is intended to bring the company into compliance with Nasdaq’s $1.00 minimum bid price requirement. The action will reduce the approximately 423.5 million shares currently outstanding to about 1.7 million, with proportional adjustments made to…