Bollinger Innovations, Inc. (NASDAQ: BINI), an electric vehicle manufacturer, announced that its common stock will begin trading on the OTCID market, part of the broader OTC Markets, effective Oct. 13, 2025, under the same ticker symbol, BINI. The move is designed to provide greater operational flexibility and reduce compliance-related costs while maintaining transparency and investor engagement through the OTC’s enhanced disclosure standards.
The transition follows the company’s decision to withdraw from the Nasdaq hearings process after receiving notice of noncompliance with Listing Rule 5550(b)(2). Bollinger expects its stock to be suspended from Nasdaq at the open on Oct. 13 and immediately commence trading on OTCID. The company said the shift will enable more efficient resource allocation to expand its commercial EV footprint while continuing to evaluate OTC market tiers, potential international listings, and a possible future return to a national exchange.
Bollinger Innovations is a Southern California-based automotive company building the next generation of commercial electric vehicles with a U.S.-based vehicle manufacturing facility located in Tunica, Mississippi. Both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are available for sale in the U.S. The company’s commercial dealer network consists of six dealers, including Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, and Mid-Atlantic markets.
Bollinger Motors, of Oak Park, Michigan, is an established EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.
The move to OTCID is significant for the company as it allows Bollinger to streamline operations and focus resources on growth initiatives without the burdens of Nasdaq listing requirements. Investors can find the latest news and updates relating to BINI in the company’s newsroom at https://ibn.fm/BINI. The full press release is available at https://ibn.fm/bYH4f.
