Bollinger announces no further reverse stock splits for next three years

Bollinger Innovations (BINI) announces that the reverse stock split of its common stock that went into effect on Sept. 22, 2025, at 12:01 a.m. Eastern Time is expected to be the last reverse stock split the Company will implement for at least the next three years. The Company also recently announced the receipt of over $1M for commercial electric vehicles sold in August 2025. The reverse stock split was a necessary step to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its Nasdaq listing. The Board of Directors and management believe this action, while primarily intended to meet Nasdaq’s listing requirements, also sets the stage for a period of focused growth and value creation for our shareholders.