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Blink Charging Co Amends Merger Agreement with Envoy

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Blink Charging Co Amends Merger Agreement with Envoy

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The latest announcement is out from Blink Charging Co ( (BLNK) ).

On August 4, 2025, Blink Charging Co.’s subsidiary, Envoy Technologies, amended its merger agreement with Envoy Mobility, releasing Blink from all payment obligations and liabilities to Envoy’s former equityholders. This was achieved through the issuance of $10 million in common stock and $11 million in warrants, with vesting conditions tied to specific stock price achievements. The amendment also includes a 120-day leak-out period for the issued shares and warrants, and registration rights for the former equityholders. Blink announced this agreement on August 6, 2025, signaling a strategic move to satisfy liabilities and potentially strengthen its market position.

The most recent analyst rating on (BLNK) stock is a Buy with a $4.00 price target. To see the full list of analyst forecasts on Blink Charging Co stock, see the BLNK Stock Forecast page.

Spark’s Take on BLNK Stock

According to Spark, TipRanks’ AI Analyst, BLNK is a Neutral.

The overall stock score is primarily influenced by financial struggles, including lack of profitability and high cash burn. Technical indicators and valuation suggest caution, while potential corporate changes offer some hope. The threat of delisting heightens risk.

To see Spark’s full report on BLNK stock, click here.

More about Blink Charging Co

Blink Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, offering innovative solutions through its Blink Network, EV charging equipment, and services. The company has strategic partnerships to promote EV adoption across various locations, including parking facilities, residential areas, workplaces, and more. Envoy Technologies, a subsidiary of Blink, provides EV car-sharing services for real estate communities, enhancing mobility and supporting urban development goals.

Average Trading Volume: 3,254,639

Technical Sentiment Signal: Sell

Current Market Cap: $98.05M

See more data about BLNK stock on TipRanks’ Stock Analysis page.

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