Bollinger Innovations Completes Reverse Stock Split, Commits to No Further Splits for Three Years

Bollinger Innovations, Inc. (NASDAQ: BINI) has completed a reverse stock split effective September 22, 2025, with the company pledging this will be the last such action for at least the next three years. The electric vehicle manufacturer announced the split was necessary to bring the company into compliance with Nasdaq's $1.00 minimum bid price requirement, a critical move for maintaining the company's listing status and long-term viability according to CEO and Chairman David Michery.

The company's leadership emphasized that this strategic financial maneuver positions Bollinger Innovations for focused growth and value creation moving forward. The commitment to avoid further reverse splits for three years provides investors with stability and confidence in the company's financial planning. Additional details about the reverse stock split and corporate strategy can be found in the full press release available at https://ibn.fm/2WTYc.

Concurrent with the reverse split announcement, Bollinger Innovations reported receiving more than $1 million in payments for commercial electric vehicles sold in August 2025. This revenue milestone demonstrates continued market traction for the company's electric vehicle offerings, particularly in the commercial sector where demand for electric fleet vehicles continues to grow.

The company maintains its newsroom for investor updates at https://ibn.fm/BINI, providing regular information about corporate developments and financial performance. Bollinger Innovations operates as a Southern California-based automotive company focused on building the next generation of commercial electric vehicles, with manufacturing facilities located in Tunica, Mississippi.

Bollinger Innovations' product lineup includes the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, both currently available for sale in the United States. The company has established a commercial dealer network consisting of six dealers providing sales and service coverage across key markets including the West Coast, Midwest, Pacific Northwest, and Mid-Atlantic regions.

The company's subsidiary, Bollinger Motors of Oak Park, Michigan, represents an established EV truck operation that has achieved significant milestones including the B4 Class 4 electric truck production launch in September 2024. Bollinger Motors has developed an extensive dealer network with over 50 locations across the United States to support sales and service operations for its electric truck offerings.