Blink Charging (BLNK) Gains Momentum Amid Ongoing Fast-Charging Network Expansion

Blink Charging Co. (NASDAQ:BLNK) is one of the stocks under $1 that will explode.

By market close on January 8, 2026, Blink Charging Co. (NASDAQ:BLNK) was seen gaining strong share price momentum, recording approximately a 17% return over the past five days.

This follows the company’s December 11 update, where it reported that Blink Charging Co. (NASDAQ:BLNK) priced a public offering of 26,666,666 shares at $0.75 per share. With this offering, the company raised roughly $20 million in gross proceeds before fees, providing incremental capital to fund capital expenditures related to its owned and operated DC fast-charging network expansion. Furthermore, it will also support the company’s working capital and general corporate needs.

Meanwhile, Blink Charging Co. (NASDAQ:BLNK) reported a strategic commercial win earlier in November, bagging a Sourcewell contract effective through September 18, 2029, with potential one-year extensions. This agreement will enable over 50,000 government, education, and nonprofit agencies to procure the company’s Level 2 and DC fast chargers, software, installation, and maintenance through a streamlined purchasing process. Looking ahead, the company stands well-positioned to pursue public-sector demand while scaling its fast-charging footprint nationwide.

Blink Charging Co. (NASDAQ:BLNK) focuses on operating and providing EV charging equipment and networked charging services. The company’s offerings include Level 2 and DC fast chargers, software, and support solutions to commercial, residential, and public-sector customers.

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