$0.11 -0.00 (-1.97%)
Bollinger Innovations, Inc. Common Stock (BINI)
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.