Core Points - A proposed class action settlement has been approved by the United States District Court for the Southern District of Florida, which will benefit purchasers of Blink Charging Company securities [4] - The settlement amount is $3,750,000 in cash, and a hearing will be held on October 23, 2024, to determine its fairness and adequacy [5] - Individuals who purchased Blink Charging securities between March 6, 2020, and August 19, 2020, may be entitled to share in the settlement fund [3][4] Settlement Class Information - Members of the Settlement Class must submit a Claim Form by December 4, 2024, to be eligible for a payment under the proposed settlement [6][10] - Those wishing to exclude themselves from the Settlement Class must submit a request for exclusion by October 2, 2024, to avoid being bound by the court's judgment [7][9] - Any objections to the proposed settlement or related motions must also be filed by October 2, 2024 [11]

Core Insights - Meristem Communities has partnered with Envoy Technologies to provide electric vehicle (EV) carsharing services at Indigo, a new 235-acre neighborhood in Fort Bend County, Texas [2][6][12] - The Indigo community is designed with a people-first approach, featuring approximately 800 residences, agricultural space, a lake, and mixed-use commercial development [6][13] - Envoy's services aim to reduce parking demand and individual car ownership, aligning with urban development goals [4][12] Company Overview - Meristem Communities is a Houston-based real estate development company focused on creating healthy communities and is set to open Indigo in mid-2024 [13] - Envoy Technologies, a subsidiary of Blink Charging Co., specializes in electric car-sharing services and aims to enhance mobility in residential and commercial properties [4][11] - Blink Charging Co. is a leader in EV charging solutions, providing a network and equipment to facilitate the transition to electric transportation [9][14] Service Features - Indigo residents will have access to a Rivian R1T vehicle through Envoy's mobile app, allowing bookings by the minute, hour, or day [11] - The partnership includes complimentary rental time for residents upon move-in and the ability to book vehicles in advance [7][11] - Envoy's services are operational in 23 states across the U.S., marking the debut of its network in Texas [12]

Core Insights - Meristem Communities has partnered with Envoy Technologies to provide electric vehicle (EV) carsharing services at Indigo, a new 235-acre neighborhood in Fort Bend County, Texas [7][8] - Indigo aims to create a people-first community with approximately 800 residential units, 42 acres of agriculture, and a 12-acre mixed-use town center, promoting a less auto-centered lifestyle [4][8] - Envoy's EV sharing platform will allow residents to access a Rivian R1T vehicle through a mobile app, with charging stations available on-site at no additional cost [3][9] Company Overview - Meristem Communities is a Houston-based real estate development company focused on creating healthy communities, with Indigo being its first neighborhood project [4][10] - Envoy Technologies, a subsidiary of Blink Charging Co., specializes in electric vehicle carsharing services and aims to reduce parking demand and individual car ownership through its amenity services [5][9] - Blink Charging Co. is a global leader in EV charging equipment and services, providing innovative solutions to facilitate the transition to electric transportation [12]

Fast chargers are vital, as they enable the charging of the EV batteries and thereby make the EVs more convenient to use for long-distance travel. Also, advancements like linking charging stations with smart grids and renewable energy systems are increasing the effectiveness and environmental friendliness of the infrastructure of EV charging. ChargePoint Holdings (CHPT) ChargePoint (NYSE:CHPT) has a high growth potential in the electric vehicle charging network industry, especially in the United States and ...

Among EV charging infrastructure stocks, Blink Charging (NASDAQ:BLNK) looks attractive after a correction of over 50% in the last 12 months. The rally from oversold levels is also likely considering multiple positive catalysts on the business front. Further, Blink Charging has guided for positive adjusted EBITDA by December 2024. With operating leverage coupled with higher services revenue, it's likely that margin expansion will sustain in the coming years. In an important business development, Blink has ac ...

With a likely season for meme stocks, Plug Power (NASDAQ:PLUG) might be poised for some big price action. The renewable energy stock has witnessed a 75% meltdown in the last 12 months. However, short interest remains significantly high at 27%. I would not be surprised if there is a 100% to 200% short squeeze rally from current levels. Therefore, this column focuses on three short-squeeze stocks that can double or triple within the next few quarters. In my view, these stocks represent undervalued ideas, and ...

If electric vehicles are the future, we desperately need more charging stations. As we wait for this to happen, now may be the time to buy some of the best EV charging stocks. Source: Sundry Photography / Shutterstock.com When I mentioned EVgo (NASDAQ:EVGO) on June 21, Chief Executive Officer Badar Khan bought 125,000 shares at an average price of $2.05 for about $251,250. Analysts at Benchmark also gave it a "buy" rating with a $3 price target. I'd like to see BLNK rally back to $3.70 a share from its last ...

"Prima is a phenomenal, sustainably minded property, bringing the best in music, art, retail, food and beverage, office, and hospitality to the heart of the area," said Envoy co-founder Aric Ohana. "This deployment not only marks our first in Nashville, but our platform offers a unique amenity for residents that will further propel the community into the future." "We are focused on providing a best-in-class residential experience for residents of Prima in a way that enhances their life not only throughout t ...

Nashville, TN., June 25, 2024 (GLOBE NEWSWIRE) -- Prima at Paseo South Gulch, a 16-story, 278-unit residential tower in SomeraRoad's Paseo South Gulch microneighborhood, has announced an agreement with Envoy Technologies Inc. ("Envoy"), a Blink Charging Co. entity and leading provider of electric vehicle carsharing services, to offer residents on-site access to shared EVs. The service branded as 'Mobility as an Amenity' aims to enhance convenience and sustainability for Prima's residents. "Prima is a phenom ...

Concentrating on companies' efficiency metrics, market positioning, and financial health makes critical investing decisions that align with long-term wealth objectives. Comprehending these variables is advantageous when making portfolio adjustments and vital for constructing a sturdy financial portfolio. Source: Wirestock Creators / Shutterstock.com Overall, Ocugen's strategic expansion potency and financial efficiency make it a promising pick for the penny stocks to buy list. CareCloud (NASDAQ:CCLD) provid ...