Bollinger Innovations Set for 1-for-250 Reverse Stock Split
The move is a high-stakes bid to regain compliance with Nasdaq's minimum bid price requirement amid the exchange's stricter new listing rules.
Bollinger Innovations, Inc. (BINI) has announced a significant corporate restructuring, unveiling plans for a 1-for-250 reverse stock split. The move, scheduled to take effect at the start of trading on Monday, September 22, 2025, is a direct response to the company's struggle to meet Nasdaq's listing standards.
The primary goal of the reverse split is to artificially boost the company's share price to comply with the , a critical threshold for maintaining a listing on the exchange. Companies that trade below this level for an extended period risk being delisted, which can severely limit their access to capital and reduce trading liquidity.
While a reverse stock split consolidates the number of existing shares and increases the price per share proportionally, it does not alter the company's overall market capitalization. However, the maneuver comes at a critical time, as Nasdaq has recently implemented stricter rules targeting this very practice. , companies that execute a reverse split with a cumulative ratio of 250-to-1 or greater face immediate delisting proceedings if their stock price subsequently falls below the $1.00 minimum again.
Bollinger's 1-for-250 split places it precisely at this high-stakes threshold, leaving no room for error post-split. The market often views such drastic measures with caution, as they are typically employed by companies facing significant operational or financial challenges. A that doesn't address the underlying business fundamentals that may have caused the initial stock price decline. Investors will be closely watching whether Bollinger Innovations can follow this corporate action with tangible improvements to its business strategy and financial performance to sustain the newly achieved share price.