Bollinger Innovations receives Nasdaq delisting notice for failure to meet $35M MVLS minimum

BOLLINGER INNOVATIONS, INC.

Nasdaq notified company on Aug 26, 2025 that it failed to regain compliance with $35M MVLS minimum within 180-day cure period.
Company intends to request a hearing before Nasdaq Hearings Panel; delisting stayed pending hearing and any extension.
Company believes stockholders' equity exceeded $2.5M as of Aug 14, 2025, an alternative listing standard under Rule 5550(b).
As of Aug 29, 2025, total shares outstanding were 30,663,625.

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