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BREA, Calif., Sept. 15, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has taken further cost cutting actions by reducing its quarterly cash burn from $21.2 million to $8.9 million, resulting in a 58% decrease. The Company remains focused on reducing expenses without affecting marketing, sales and manufacturing capabilities while EV sales momentum continues to grow across commercial vehicle Classes 1, 3 and 4. "We remain committed to our commercial vehicle sales opportunities and expanding our market reach while continuing to focus on positionin
Sales invoiced at $1,074,035; Company in receipt of full payment from DB Schenker and expects to receive full payment from Ziegler/Range on or before Sept. 30, 2025 Vehicles include 20 Class 1 urban delivery EV cargo vans, six Class 3 urban utility EV trucks and four Class 4 all-electric Bollinger B4 trucks Two Bollinger B4s delivered to Larsen Enterprises on Aug. 29, 2025 BREA, Calif., Sept. 04, 2025 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, announces today Bollinger Motors' sale of 30 commercial EVs, valued at $1,074,035 to Ziegler Truck Group and its counterpart compan
BREA, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that Bollinger Motors has named Ziegler Truck Group, LLC and its counterpart company, Range Truck Group, LLC, official Bollinger Motors dealers. The addition of these organizations expands Bollinger Motors' commercial sales and service network to Minnesota, Wisconsin, Iowa and Washington. Both Ziegler Truck Group and Range Truck Group are authorized to sell the Bollinger B4 chassis cab, an all-new, all-electric Class 4 commercial truck, as well as The Mullen ONE, Class 1 EV cargo van, and
Company cost cutting initiatives include additional staff cuts and closing of facilities to further reduce overall operating expenses For the quarter ending June 30, 2025, G&A and R&D expenses totaled $47.7M; Company has further reduced G&A and R&D to $18.6M (61% drop) per quarter moving forward Post recent consolidation of Company operations, additional reductions include: Additional reduction in staff Further elimination of facilities and personnel in Irvine, CA, Monrovia, CA, Mishawaka, IN Elimination of third-party manufacturing, specifically Roush IndustriesConsolidation of B4 production line from Roush Industries to Company-owned plant in Tunica, MSAdditional reduction of operatin
Company continues to reduce cash burn; including recently initiating strategic move of Bollinger B4 manufacturing from Roush Industries in Michigan to Company-owned plant in Tunica, Miss. Subsequent to June 30, the Company increased shareholder equity by more than $110 million BREA, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ:BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle manufacturer, today announces financial results for the three and nine months ended June 30, 2025, and a current business update. Commenting on recent results and Company highlights, CEO and chairman David Michery stated: "In July, we combined our comm
BREA, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- via IBN -- Bollinger Innovations, Inc. (NASDAQ: BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle ("EV") manufacturer, today announces it is offering commercial customers additional price adjustments of $7,500 on existing inventory of the Mullen ONE and Mullen THREE electric vehicles. The Mullen ONE, a Class 1 EV cargo van, now features an MSRP of $27,000, while the Mullen THREE, a Class 3 EV cab chassis truck, has an MSRP of $61,000. Customers can take advantage of an additional $7,500 incentive through the Inflation Reduction Act when receiving delivery prior to the program's Sept. 30 deadline, making the Mullen ONE and
BREA, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ:BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle manufacturer, today announces 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 Aug. 4, 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 Aug. 4, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P8
Company increases shareholder equity by approximately $133 million Company expects shareholder equity to exceed Nasdaq listing requirements BREA, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ:BINI) ("Bollinger Innovations" or the "Company"), an emerging electric vehicle ("EV") manufacturer, announces today that the Company has eliminated all warrants and $25.3 million of convertible notes, strengthening its balance sheet. The Company entered into agreements with existing noteholders to exchange convertible notes and warrants into newly created preferred stock. "We have improved the Company's financial position with the elimination of all warran
8-K - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
8-K - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
DEF 14A - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
8-K - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
PRE 14A - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
10-Q/A - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
10-Q - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
8-K - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
S-1/A - BOLLINGER INNOVATIONS, INC. (0001499961) (Filer)
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Company continues to reduce cash burn; including recently initiating strategic move of Bollinger B4 manufacturing from Roush Industries in Michigan to Company-owned plant in Tunica, Miss. Subsequent to June 30, the Company increased shareholder equity by more than $110 million BREA, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Bollinger Innovations, Inc. (NASDAQ:BINI) ("Bollinger Innovations" or the "Company"), an electric vehicle manufacturer, today announces financial results for the three and nine months ended June 30, 2025, and a current business update. Commenting on recent results and Company highlights, CEO and chairman David Michery stated: "In July, we combined our comm