Bollinger Innovations, Inc. (NASDAQ: BINI) announced that its common stock will begin trading on the OTCID market effective October 13, 2025, maintaining the same BINI ticker symbol. The electric vehicle manufacturer's transition from Nasdaq to the OTC Markets platform follows the company's decision to withdraw from Nasdaq hearings after receiving notice of noncompliance with Listing Rule 5550(b)(2). The company expects its stock to be suspended from Nasdaq at market open on October 13 and immediately commence trading on OTCID.
Bollinger stated the move is designed to provide greater operational flexibility and reduce compliance-related costs while maintaining transparency through the OTC's enhanced disclosure standards. This strategic shift enables the company to allocate resources more efficiently toward expanding its commercial electric vehicle footprint. Bollinger Innovations continues to evaluate OTC market tiers, potential international listings, and a possible future return to a national exchange. The company maintains its commitment to investor engagement despite the market transition. Additional information about the company's developments can be found in their newsroom.
The Southern California-based automotive company operates a U.S. manufacturing facility in Tunica, Mississippi, where it produces commercial electric vehicles including the ONE Class 1 EV cargo van and THREE Class 3 EV cab chassis truck. These vehicles are currently available for sale in the United States through the company's commercial dealer network. Bollinger's dealer network includes six established partners: Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, and Randy Marion Auto Group.
These dealers provide sales and service coverage across key markets including the West Coast, Midwest, Pacific Northwest, and Mid-Atlantic regions. The company's subsidiary, Bollinger Motors of Oak Park, Michigan, represents an established EV truck operation that has achieved significant milestones. Most notably, Bollinger Motors launched production of its B4 Class 4 electric truck on September 16, 2024, and has developed a comprehensive dealer network with over 50 locations across the United States for sales and service support.
This market transition occurs as Bollinger Innovations focuses on strengthening its position in the competitive commercial electric vehicle sector. The move to OTCID trading reflects the company's strategic approach to balancing regulatory requirements with operational needs during a period of industry growth and technological advancement in electric transportation. The transition allows Bollinger to maintain market accessibility while redirecting resources toward product development and market expansion initiatives that support the company's long-term growth strategy in the evolving electric vehicle landscape.
