Announcement • Oct 15
Bollinger Innovations, Inc.(NasdaqCM:BINI) dropped from S&P TMI Index Bollinger Innovations, Inc.(NasdaqCM:BINI) dropped from S&P TMI Index Announcement • Oct 11
Bollinger Innovations, Inc Receives Written Notification from Nasdaq for Suspension of Securities On October 8, 2025, Bollinger Innovations, Inc. (the Company") received written notification from the Listing Qualifications Staff (the Staff") of The Nasdaq Stock Market LLC (Nasdaq") that trading in the Company's securities will be suspended at the open of trading on October 13, 2025. On February 25, 2025, as previously disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission (the SEC") on February 28, 2025, the Company received a written notice from the Staff notifying the Company that its Market Value of Listed Securities (MVLS") was less than the $35.0 million minimum required for continued listing on The Nasdaq Capital Market, as required by Nasdaq Listing Rule 5550(b)(2) (the MVLS Listing Rule"). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company was provided 180 calendar days, or until August 25, 2025 (the Compliance Period"), to regain compliance with the MVLS Listing Rule. On August 26, 2025, as previously disclosed in a Current Report on Form 8-K filed with the SEC on August 29, 2025, the Company received a written notice from the Staff stating that the Company had not regained compliance with the MVLS Listing Rule within the Compliance Period. The Company timely requested a hearing to appeal the Staff's delist determination before a Hearings Panel, which automatically stayed any suspension or delisting action. However, the Company subsequently withdrew its request for a hearing, and, as a result, the Company received written notification from the Staff that trading in the Company's securities will be suspended on October 13, 2025. Nasdaq will also file a Form 25 Notification of Delisting with the SEC when all internal procedural periods have run. Effective October 13, 2025, the Company's common stock will commence trading on the OTCID market of the OTC Markets and will continue to trade under ticker symbol, BINI. The Company will remain subject to the periodic reporting requirements of the U.S. Securities Exchange Act of 1934, as amended. Announcement • Sep 20
Bollinger Innovations, Inc. Announces Reverse Stock Split Intended to Bring the Company into Compliance with the $1.00 Minimum Bid Price Requirement for Maintaining Nasdaq Listing Bollinger Innovations, Inc. announced that it will effect a 1-for-250 reverse stock split ('Reverse Stock Split') of its common stock, par value $0.001 per share ('Common Stock'), that will become effective on Sept. 22, 2025, at 12:01 a.m. Eastern Time. The Common Stock will continue to trade on The Nasdaq Capital Market ('Nasdaq') under the existing BINI symbol and will begin trading on a split-adjusted basis when the market opens on Sept. 22, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P877. This will be the last reverse stock split Bollinger Innovations initiates for the next three years. The Reverse Stock Split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its Nasdaq listing. There is no guarantee the Company will meet the minimum bid price requirement. 
