Miami Beach, FL, August 20, 2020 (GLOBE NEWSWIRE) – Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), today issued the following statement in response to market activity in its common stock.
The company has become aware of false, defamatory and anonymous reports posted on August 19, 2020. We believe these “reports” were intended to manipulate our stock price downward in support of short sellers. Blink Charging categorically denies the allegations and their implications.
Blink Charging will vigorously defend itself against these false accusations and will also consider all legal options available to it to hold the author (s) and sponsors of these reports responsible for the baseless attack which has caused them since this press release. provided to reduce. Shareholders are warned against reacting to the false statements that are made, proving a lack of understanding of the company and its multiple deployment models. We adhere to the information provided and described in detail in our public applications, and we encourage all investors to check those applications.
We are in the process of reporting this manipulation to the appropriate regulators and have retained the Ashcroft Company, chaired by former Attorney General John Ashcroft, to investigate this matter and take all available legal advice.
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About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a leader in electric car charging equipment (EV) and has deployed more than 23,000 charging stations, many of which are networked EV charging stations, allowing EV drivers to easily charge charging locations worldwide at one of the companies . Blink Charging’s main line of products and services includes the Blink EV Charging Network, EV Charging Equipment, and EV Charging Services. The Blink Network uses proprietary, cloud-based software that operates, maintains, and monitors EV charging stations, connected to the network and the associated charging data. With global EV purchases expected to increase by 2025 to 2025 from 20 million by approximately 2 million in 2019, the Company has established key strategic partnerships for adoption across a number of location types, including parking facilities, multi-family homes and condos, workplace locations , health care / medical facilities, schools and universities, airports, car dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. Please visit for more information https://www.blinkcharging.com/.
Report ahead
This press release contains forward-looking statements as defined in section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “must” as other similar terms, involve risks and uncertainties because they relate to events and dependencies are of circumstances that will happen in the future. These statements include statements about intent, beliefs as well as the current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are advised that such forward-looking statements do not constitute guarantees of future performance and include risks and uncertainties, including those described in periodic reports of Blink Charging submitted to the SEC, and that actual results may differ materially from those considered by such forward-looking statements. . Except as required by federal securities, Blink Charging undertakes no obligation to update or change forward-looking statements to reflect changing terms.
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