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Winvest Investment Fund Management Corp., a ten percent owner of Bollinger Innovations, INC. (BINI), sold 29,589 shares of common stock on October 10, 2025, for approximately $20,013, at prices ranging from $0.5701 to $1.1000. The transaction comes as BINI trades near its 52-week low of $0.13, with InvestingPro analysis indicating the stock is currently undervalued despite facing significant financial challenges, including rapid cash burn and weak overall financial health.
According to a Form 4 filing with the Securities and Exchange Commission, on the same day, Winvest Investment Fund Management Corp. also purchased 27,900 shares of Bollinger Innovations at a price of $0.5369, for a total value of $14,979. The prices for these shares ranged from $0.5701 to $0.6149.
Following these transactions, Winvest Investment Fund Management Corp. directly owns 50,411 shares of Bollinger Innovations, INC. (BINI).
In other recent news, Bollinger Innovations announced a significant reduction in its quarterly cash burn, cutting it by 58% to $8.9 million. This reduction was achieved through cost-cutting measures while maintaining its marketing, sales, and manufacturing capabilities. Additionally, the company revealed plans for a 1-for-250 reverse stock split, effective September 22, 2025, aimed at meeting Nasdaq’s $1.00 minimum bid price requirement. However, Bollinger cautioned there is no guarantee it will meet the minimum bid price requirement even after the split. In another development, Bollinger will be delisted from NASDAQ and begin trading on the OTCID market due to non-compliance with listing rules. Meanwhile, activist investor Jourdan Matthews from The Winvest Investment Fund Management Corp. is seeking to acquire a majority stake in Bollinger Innovations. Matthews has proposed initiatives such as securing $15 million in new funding and acquiring a NASDAQ-listed company to reduce debt. These developments highlight a period of significant transition for Bollinger Innovations.
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