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Bollinger Innovations Strengthens Balance Sheet by Eliminating all Warrants and $25.3 Million of Convertible Notes
Globenewswire·2025-07-29 20:45

Company increases shareholder equity by approximately 133millionCompanyexpectsshareholderequitytoexceedNasdaqlistingrequirementsBREA,Calif.,July29,2025(GLOBENEWSWIRE)−−viaIBN–BollingerInnovations,Inc.(NASDAQ:BINI)(“BollingerInnovations”orthe“Company”),anemergingelectricvehicle(“EV”)manufacturer,announcestodaythattheCompanyhaseliminatedallwarrantsand133 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 ex ...