Blink charging CFO Bercovich buys $6,144 in shares

Michael Bercovich, Chief Financial Officer of Blink Charging Co. (NASDAQ:BLNK), acquired 6,000 shares of common stock on September 5, 2025. The purchases were made at prices ranging from $1.02 to $1.0287, with a weighted average price of $1.024 per share, totaling $6,144. The transaction comes as the stock has declined nearly 14% over the past week, though InvestingPro analysis indicates the company is currently undervalued.

Following the transaction, Bercovich directly owns 123,230 shares of Blink Charging Co., representing a notable stake in the $106 million market cap company. While the company maintains more cash than debt on its balance sheet, InvestingPro data reveals a weak overall financial health score, with 13 additional key insights available to subscribers.

In other recent news, Blink Charging Co. announced that it will integrate cryptocurrency payment options across its charging network by the end of 2025, allowing EV drivers to pay using digital currencies through the Blink Charging App. Additionally, the company disclosed that it has received preliminary court approval for a proposed settlement in a derivative action involving certain current and former directors and officers. As part of the settlement, Blink Charging will implement corporate governance reforms, with its insurer covering $553,750 in attorneys’ fees and expenses. The company also finalized a warrant agreement with former equity holders of Envoy Technologies, resolving payment obligations related to its acquisition of the company.

Furthermore, Blink Charging has entered into a partnership with Nexxtlab to enhance energy management tools for businesses operating EV fleets across Europe. This collaboration will integrate Blink’s charging locations with Nexxtlab’s Smartmaster platform. In other company developments, Terra Innovatum announced the nomination of Katherine Williams, former CEO of Framatome, as Independent Chair of its board upon closing its proposed business combination with GSR III Acquisition Corp. The new board will consist of nine directors, including five independent members. These developments represent significant steps for both companies in their respective fields.

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