Activist Investor Takes 9.99% Stake in Bollinger Innovations, Inc. Asks CEO to Maintain Nasdaq Listing, Seeks 50% of Shares and Board Control Via Tender Offer at 55% Premium Now or to Seek Board Seat; and to Propose Dividend, Bring New Funding Source Stra
1. Winvest aims to acquire a majority stake in BINI. 2. Proposals include $15 million funding and new dividend issuance. 3. Mr. Matthews claims BINI has vast potential needing immediate actions. 4. BINI's current short interest is near 1,500%, causing investor frustration. 5. BINI's board has not endorsed Winvest's proposals yet.