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 505,000. No fractional shares will be issued, as all fractional amounts will be rounded up to the nearest whole share. The company stated this will be the last reverse stock split it initiates for the next three years.

To view the full press release, visit https://ibn.fm/Jupv9

About Bollinger Innovations

Bollinger Innovations (NASDAQ: BINI) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with a U.S. based vehicle manufacturing facility located in Tunica, Mississippi. Both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are available for sale in the U.S. The Company’s commercial dealer network consists of six dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets.

Bollinger Motors, of Oak Park, Michigan, is an established EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.

NOTE TO INVESTORS: The latest news and updates relating to BINI are available in the company’s newsroom at https://ibn.fm/BINI

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