Bollinger Innovations Moves to OTC Markets, Withdraws from Nasdaq Hearings.

Bollinger Innovations, an electric vehicle manufacturer, is moving its common stock from the Nasdaq to the OTC Markets effective Oct. 13, 2025. The company will trade under the ticker symbol BINI and continue to evaluate other market tiers within the OTC Markets or international exchanges. The move aligns with Bollinger's operating strategy and aims to provide critical investor access and trading.

Bollinger Innovations (NASDAQ: BINI), a prominent electric vehicle manufacturer, has announced that it will transition its stock listing from the Nasdaq to the OTC Markets, effective October 13, 2025. The company will retain its ticker symbol "BINI" and continue to meet SEC reporting requirements. The move comes after Bollinger failed to meet Nasdaq's minimum market value requirement of $35 million, prompting the company to voluntarily withdraw from the Nasdaq hearings process.

The shift to the OTC Markets aims to reduce regulatory costs and redirect resources towards expanding Bollinger's commercial electric vehicle business. The company is considering upgrades within the OTC Markets tiers and may also seek an international listing, including on the London Stock Exchange's AIM. This strategic move aligns with Bollinger's operating strategy and aims to provide critical investor access and trading opportunities.

The decision to move to the OTC Markets is part of a broader trend in the electric vehicle industry. According to a recent report by MarketsandMarkets, the global plug-in electric vehicle market is projected to grow from USD 698.63 billion in 2025 to USD 1,189.59 billion in 2035, at a compound annual growth rate (CAGR) of 5.5% Electric Vehicle Market worth $1,189.59 billion by 2035 | MarketsandMarkets™^[2]. The report highlights that the market is driven by rising consumer demand, government mandates for lower emissions, and advancements in battery and charging technologies.

Bollinger's focus on reducing regulatory costs and expanding its EV business is in line with the industry's growth trajectory. The company's shift to the OTC Markets allows it to maintain a flexible and cost-effective listing, enabling it to redirect resources towards innovation and market expansion. As the electric vehicle market continues to grow, Bollinger's strategic move positions it to take advantage of the opportunities presented by this dynamic industry.