Jun. 22 at 3:57 PM
$BLNK
Has anyone checked whether Blink Charging (
$BLNK) has or does not currently have an active reverse split authorization range in place? My search is No but I would like others to check as well.
For those not familiar,
$BLNK must close at
$1.00+ for at least 10 consecutive trading days within the compliance window. The initial deadline to regain compliance is on July 27, 2026. Potentially there can be a 180-day extension.
In my view Blink Charging has to be bought by another company.
If Nasdaq compliance is not met, I would rather see
$BLNK traded OTC than have a reverse split.
I am ok even getting half the value of my shares if some competent entity takes over. This is because I held the view that EV charging is part of the transportation ecosystem. There is money to be made in the long run.
