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An update from Bollinger Innovations ( (BINI) ) is now available.
On August 4, 2025, Bollinger Innovations, Inc. implemented a 1-for-250 reverse stock split of its common stock, following approval from stockholders on July 22, 2025. This move aims to comply with Nasdaq’s $1.00 minimum bid price requirement, reducing the number of outstanding shares from approximately 433.5 million to 1.7 million. The reverse split does not alter the par value or authorized number of shares, and fractional shares will be rounded up. The company’s common stock continues to trade under the symbol ‘BINI’ with a new CUSIP number.
Spark’s Take on BINI Stock
According to Spark, TipRanks’ AI Analyst, BINI is a Underperform.
The overall stock score is heavily impacted by Mullen Automotive’s poor financial performance and negative technical indicators. Despite a positive corporate event, the substantial financial and technical challenges overshadow any potential benefits.
To see Spark’s full report on BINI stock, click here.
More about Bollinger Innovations
Bollinger Innovations, Inc. is a Southern California-based automotive company specializing in the production of commercial electric vehicles (EVs) with a manufacturing facility in Tunica, Mississippi. The company offers the ONE, a Class 1 EV cargo van, and the THREE, a Class 3 EV cab chassis truck, through a network of seven dealers across key U.S. markets.
Average Trading Volume: 51,016,092
Technical Sentiment Signal: Strong Sell
Current Market Cap: $365.7K
See more data about BINI stock on TipRanks’ Stock Analysis page.