Brief: Bollinger Innovations Inc - Reduces G&A And Research And Development Expenses By 61% To $18.6M Per Quarter Moving Forward
02/09/2025 17:40
Sept 2 (Reuters) - Bollinger Innovations Inc BINI.O: BOLLINGER INNOVATIONS INC - REDUCES G&A AND RESEARCH AND DEVELOPMENT EXPENSES BY 61% TO $18.6M PER QUARTER MOVING FORWARD BOLLINGER INNOVATIONS INC: INITIATED ADDITIONAL STAFF REDUCTIONS AND FURTHER ELIMINATION OF FACILITIES BOLLINGER INNOVATIONS INC - ELIMINATES FACILITIES IN IRVINE, MONROVIA, MISHAWAKA BOLLINGER INNOVATIONS INC - ELIMINATES THIRD-PARTY MANUFACTURING WITH ROUSH INDUSTRIES BOLLINGER INNOVATIONS INC - CONSOLIDATES B4 PRODUCTION LINE TO TUNICA, MS Source text: ID:nGNX5jmqtm Further company coverage: BINI.O ((Reuters.Briefs@thomsonreuters.com;))
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