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

Bollinger Innovations, Inc. (NASDAQ: BINI) has completed a reverse stock split that became effective September 22, 2025, with the company pledging this will be its last such action for at least three years. The electric vehicle manufacturer confirmed the split was necessary to meet Nasdaq's minimum bid price requirement of $1.00, ensuring the company maintains its listing status on the prestigious exchange.

CEO and Chairman David Michery emphasized the strategic importance of this move for Bollinger Innovations' long-term viability and growth trajectory. The company's commitment to avoiding further splits for three years provides investors with stability and confidence in the electric vehicle manufacturer's financial planning and market positioning. This assurance comes at a time when the company is demonstrating tangible commercial success, having recently reported receiving more than $1 million in payments for commercial electric vehicles sold during August 2025.

The Southern California-based automotive company operates a U.S. manufacturing facility in Tunica, Mississippi, where it produces its commercial electric vehicle lineup. Bollinger Innovations currently offers two main commercial EV models: the ONE, a Class 1 EV cargo van, and the THREE, a Class 3 EV cab chassis truck, both available for sale across the United States. The company maintains a growing dealer network that includes six established partners providing sales and service coverage in key markets including the West Coast, Midwest, Pacific Northwest, and Mid-Atlantic regions.

Bollinger Motors, the company's established EV truck division based in Oak Park, Michigan, represents another significant component of the innovation ecosystem. The division achieved a major milestone with its B4 Class 4 electric truck production launch on September 16, 2024, and has developed an extensive dealer network exceeding 50 locations nationwide for comprehensive sales and service support. Investors can access the latest news and updates relating to BINI through the company's dedicated newsroom available at https://ibn.fm/BINI.

The reverse stock split announcement, coupled with strong recent commercial vehicle sales, positions Bollinger Innovations as a company transitioning from development phase to commercial execution in the competitive electric vehicle market. The company's commitment to maintaining Nasdaq listing compliance reflects its focus on long-term value creation and market credibility. This development occurs within the broader context of increasing adoption of commercial electric vehicles across various industries seeking to reduce carbon emissions and operating costs.

For the electric vehicle industry specifically, Bollinger Innovations' stability commitment following its reverse stock split may signal growing maturity within the sector, particularly among companies focused on commercial applications. The company's reported commercial vehicle sales performance suggests increasing market acceptance of electric alternatives in business fleets and commercial transportation. As regulatory pressures and sustainability initiatives continue driving adoption of electric vehicles, Bollinger's positioning in the commercial EV space could prove strategically advantageous in the evolving automotive landscape.