secwatch.observer — SEC 8-K summary
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Issuer:     BOLLINGER INNOVATIONS, INC. (BINI)
CIK:        0001499961
Form:       8-K
Filed at:   2025-10-10T23:59:59+00:00
Accession:  0001829126-25-008053
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bollinger Innovations to be delisted from Nasdaq on Oct 13, moves to OTC Markets
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- Nasdaq to suspend trading Oct 13, 2025 after failure to regain compliance with $35M MVLS minimum.
- Common stock to trade on OTCID (OTC Markets) under ticker BINI starting Oct 13.
- Preferred Series F authorized shares increased from 30,335 to 103,539; Series G from 116,365 to 126,460.
- CEO Michery states move allows cost savings to be reinvested into accelerating business strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499961/000182912625008053/0001829126-25-008053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499961/000182912625008053/bollingerinnovations_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-008053

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer