Blink Charging Co 8-K, filed Nov 4, 2025
Blink Charging Co. (BLNK)
About this 8-K
Blink Charging Co filed this 8-K on November 4, 2025, reporting on events of October 29, 2025.
Items reported
- Item 8.01: Other events
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CURRENT REPORT ON FORM 8-K
Blink Charging Co. (the “Company”)
October 29, 2025
Item 8.01. Other Events.
As previously reported by the Company in its Current Report on Form 8-K filed with the Securities and Exchange Commission on September 2, 2025, the Clark County, Nevada District Court (the “Court”) granted preliminary approval of the proposed settlement of the derivative action captioned McCauley (derivatively on behalf of Blink Charging Co.) v. Farkas, et al., Case No. A-22-847894-C (the “Nevada Action”) on August 15, 2025. Subject to final approval by the Court, and in exchange for a release of all claims by the plaintiffs, the proposed settlement required a comprehensive release and dismissal with prejudice of the Nevada Action and a related consolidated derivative action filed in Miami Dade County, Florida Circuit Court captioned In re Blink Charging Company Stockholder Derivative Litigation, Lead Case No. 2020-019815-CA-01 (the “Florida Action”) (together, the “Derivative Litigation”).
On October 29, 2025, the Court entered a final order and judgment approving the settlement of the Nevada Action. The Court found the settlement fair, reasonable and adequate, dismissed the action and all related claims with prejudice and ordered the parties to perform the settlement’s terms. The judgment provides for mutual releases of all claims by and among the parties, confirms that the settlement and related acts do not constitute an admission of wrongdoing or liability by any defendant or by the Company, and states that the parties will bear their own costs except as otherwise provided in the settlement. Pursuant to the settlement, plaintiffs are obligated to submit a notice of voluntary dismissal with prejudice of the Florida Action by December 2, 2025.
The judgment results in the resolution of the Derivative Litigation against current and former Company officers and directors without any admission of liability and eliminates further litigation risk relating to the released claims, subject only to the court’s continuing jurisdiction to enforce the settlement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLINK CHARGING CO. | ||
| Date: November 4, 2025 | By: | /s/ Michael C. Battaglia |
| Name: | Michael C. Battaglia | |
| Title: | President and Chief Executive Officer | |