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Company News
Activist Investor Takes 9.99% Stake in Bollinger Innovations, Inc. Asks CEO to Maintain Nasdaq Listing, Seeks 50% of Shares and Board Control Via Tender Offer at 55% Premium Now or to Seek Board Seat; and to Propose Dividend, Bring New Funding Source Strategies, and Advocate Spin-Off
Activist investor Jourdan Matthews of Winvest Investment Fund Management has acquired a 9.99% stake in Bollinger Innovations and is seeking board control, proposing strategies for growth, new funding, and potential restructuring.
