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Great for Blink and for shareholders. That is a very high valuation and impressive financing. Was in this from the offering a couple years ago, and even converted warrants. Been out for a while and thought about getting put when stock was in the mid 50’s but don’t like betting on people losing money by stocks going down.
Good for Farkas, the value here always seemed to be the real estate and leases. I bet Farkas could have done many financings earlier, he certainly delivered the goods for shareholders
Hopefully they do an acquisition and really succeed.
Nice to see a former penny stock succeed even if I sold way to early.
All over the place this morning...$1 -$3 swings within seconds it seems. Onwards and upwards though long term.
I'm in either way. This stock is a money maker over the next year.
Thats a great price imo....personally i thought it would have been lower...
Blink Charging Prices Offering of 5.4 Mln Shares at $41/Share
7:13 am ET January 8, 2021 (Dow Jones) Print
By Chris Wack
Blink Charging Co. said Friday it priced a previously announced underwritten registered public offering of 5.4 million shares of common stock at $41 each.
The company, which makes chargers for electric vehicles, said it expects to see proceeds of about $211.4 million.
All shares of common stock to be sold in the offering will be sold by the company, except that certain selling stockholders, together with Blink, will grant the underwriter for the offering a 30-day option to purchase up to 15% of the shares in the offering.
The offering is expected to close on or about Jan. 12.
Blink said it intends to use the net proceeds from the proposed offering to supplement its operating cash flows to fund EV charging station deployment and finance the costs of acquiring competitive and complementary businesses, products and technologies as a part of its growth strategy, and for working capital and general corporate purposes.
Blink shares were up 2% to $44.88 in premarket trading, after closing Thursday's session up 7%.
that is an aggressive price, big money likes the sector and they have maximised the returns.
Well don BLNK. onwards and upwards f they are like any other company recently tapping the market for cash.
I wonder if their lamppost installation kits will be come available in Home Depot?
Yep.
"5,400,000 shares of its common stock at a public offering price of $41.00 per share, for total gross proceeds of approximately $221.4 million."
BLNK - Blink Charging Announces Pricing of its Public Offering of Common Stock for Gross Proceeds of $221.4 million
Hopefully the market won't tank with all of this political strife going on. BLNK is making another nice run. Hopefully it keeps going. It really has been a nice stock to buy on the dips and sell on the nice runups. Anyone who has bought this and is holding long term will do great. BLNK is going to grab a huge part of the charging station business!!
Well done BLNK! Congratulations. Really good day today up over 10% Keep it rolling!
Seems like no big deal then.
Given that it's a shelf offering, I believe they are sold at market price over the course of time the shelf offering is valid.
Does anyone know where they priced the sale?
I have most of my shares below $20 so I’m not too worried. Just missed an opportunity to sell high and buy more lower...that’s all.
There was news after the bell... share offering
Yeah, but then there's those 6 white
candles in a row. Not once but twice.
And I almost sold at $45 today - should’ve trusted my gut...that 11 am downturn seems to be occurring daily.
Wtf just happened in ah trading? Nvm I see now 5 million offering. Carry on.
Would like to see a new 52 week high by Friday.
Congratulations BLNK has be named one of the best new companies by Forbes...
Blink Charging Named to Forbes' List of America's Best Small Companies
9:15 AM ET 1/6/21 | Dow Jones
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Blink Charging Named to Forbes' List of America's Best Small Companies
- Blink's share price experienced the second highest growth among the 100 High Performance Companies
Miami Beach, FL, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK, BLNKW) ("Blink" or the "Company"), a leading owner and operator of electric vehicle (EV) charging equipment and services, announced today that Forbes included the Company on its List of America's Best Small Companies. The list can be accessed online at: https://www.forbes.com/lists/best-small-cap-companies/#77d93e9647db.
"We are honored to have been included on Forbes' List of America's Best Small-Cap Companies. All of us at Blink are intently focused on leveraging the opportunities we see to bring accessible and convenient high-speed chargers to the marketplace as EV use continues to grow. It is exciting to be recognized by Forbes, and our inclusion on this list is a testament to the hard work of our employees across our entire organization," commented Michael D. Farkas, Founder and Chief Executive Officer of Blink.
While compiling its America's Best Small-Cap Companies List, Forbes used FactSet data and screened for companies with a market value between $300 million and $2 billion, positive sales growth over the past 12 months, and a share price of at least $5. Excluded from the list were financial institutions, REITs, utilities, limited partnerships, and companies that have been public for less than one year. The rankings were based on earnings and sales growth for the last 12 months and over five years, one-year and 5-year return on equity and 52-week total return. Forbes more heavily weighted the latest-12 month and 1-year data in the rankings. The data was last updated on November 25, 2020.
ts may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.
Nice rise pm. Figured the 30s wouldn’t last long. Congrats to all the new investors.
BLNK is making a nice rebound today. This as are most of the EV stocks as of today are good day trades. The ups and downs are pretty big swings which will continue until they really start creating revenue. Easy money to be made and most will eventually be a great buy and hold once they stabilize!!
FSR, held it's own today....More EV cars built more BLNK charging stations needed???
you mean US based EV stocks... and not actual EV stocks like TSLA...
Chinese EVs doing nicely
yes expect consolidation or Santa Claus rally unwinding.
It's a buying opportunity if you got any XMas gift money
Whole market is getting beat up.
Most of the EVs getting beat up today..normal consolidation imo
What’s the deal with all the dumping this morning? Oh well, buying opportunity. Happy 2021 everyone!
This is some of the easiest money that I have ever made. I dumped my Shmp and got in here about 3 weeks ago at a tick over $27. Lol. Now I dumped this chit and all I do is win win win. I will watch this chit and Shmp and buy the dips.
We swing super high 18-35 then 56 to 40 —$16-17 swings lol. Should of know $40
Was bottom but got greedy for the 35-38
Certainly possible, Downturn today is probably some
folks selling for tax purposes. Monday should be interesting. GLTA
The daily swings are so crazy with Blnk...it could surge back to $50+ today.
Last day to buy cheapies. Back to 50s Mon.
Yes good deal Buy'm up.. BLNK
Bought more on Tuesday with the drop. Back up again today. Nice!
Nice action AH - next leg up will we see $60 early 2021?
Double from here would be sweet. It has been my biggest gainer ever (realized and unrealized gains)...I’m still holding most of my shares but flipped some between June and November.
Stair stepping back up ...back to $50+ before YE?
Yup! Was just about to say $46 seems to be resistance...but it broke through.
Happy investing!
Great Run happening right now! BLNK has over half the normal volume and its only 2 hrs into the sales day.
Insiders bought a lot earlier this year...mostly below $10 I believe. Would be nice to see them buying at these levels too.
Who knows...it just wasn't their own cash spent on open market shares.
Is that compensation based on performance?
Not buying. It was compensation.
Wondering if this to keep it going — I don’t see how .001 share price works out
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407 Lincoln Road
Suite 704
Miami Beach, FL 33139-3024
Miami Beach, Florida, May 25, 2018 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”) a leading owner, operator and provider of electric vehicle (EV) charging services announced today that it has raised over $15 million in proceeds from holders exercising and the Company issuing 3,655,143 common stock purchase warrants, exercised at $4.25 a share. The warrants were issued as part of the units sold in the Company’s public offering which closed on February 16, 2018.
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