Envoy Technologies, a Blink Charging Subsidiary, Files Registration Statement for Proposed Initial Public Offering of Shares

Core Viewpoint - Blink Charging Co. has filed a registration statement with the SEC for an initial public offering (IPO) of its subsidiary Envoy Technologies, which specializes in electric vehicle car-sharing services [1][2]. Company Overview - Blink Charging Co. is a leading global provider of electric vehicle (EV) charging equipment and services, facilitating the transition to electric transportation through innovative solutions [5]. - Envoy Technologies, a subsidiary of Blink, offers all-electric car-sharing services in the U.S., focusing on private properties such as apartments and hotels, and aims to reduce parking demand and individual car ownership [4]. IPO Details - The number of shares and price range for the proposed offering of Envoy Technologies have not yet been determined, and the IPO is subject to market conditions and SEC review [2]. - Envoy Technologies plans to list its common stock on The Nasdaq Capital Market under the ticker symbol "EVOY" [2]. Strategic Partnerships - Blink has established strategic partnerships to promote EV adoption across various locations, including parking facilities, multifamily residences, and commercial properties [5].