Blink(BLNK) - 2020 Q4 - Annual Report
BlinkBlink(US:BLNK)2021-03-30 16:00

Stock Performance and Market Dynamics - The market price of the company's common stock has fluctuated significantly, ranging from a low of $1.25 to a high of $64.50 per share over the past 52 weeks[151]. - The trading market for the company's common stock may be affected by analysts' reports, which can influence share price and trading volume[168]. - A potential "short squeeze" could lead to increased price volatility in the company's common stock[153]. Shareholder Dilution and Ownership - As of March 29, 2021, the company had outstanding warrants to purchase 3,446,466 shares and stock options for 650,487 shares, indicating potential dilution for existing shareholders[156]. - The company is authorized to issue up to 540 million shares of capital stock, including 40 million shares of preferred stock, which could further dilute existing ownership[162]. - The company has the ability to issue additional shares without stockholder approval, which could discourage potential acquisition proposals[166]. - The designation and issuance of shares of capital stock with preferential rights could adversely affect the rights of common stockholders[163]. - Insiders, including directors and executive officers, collectively own approximately 17% of the outstanding shares, giving them significant voting power[159]. Dividend Policy and Investment Returns - The company does not intend to pay cash dividends for the foreseeable future, relying instead on market price appreciation for returns on investment[170]. Corporate Developments - The company closed on the purchase of approximately 10,000 square feet of office condominium space for its corporate headquarters on January 22, 2021[171].