# EDGAR Filing Document

**Accession Number:** 0001429764
**File Stem:** 0001641172-25-025995
**Filing Date:** 2025-8
**Character Count:** 46804
**Document Hash:** c670abb5d1142c6f23050d42f525fe29
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-025995.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001641172-25-025995

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250826

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Blink Charging Co.
- **CENTRAL INDEX KEY:** 0001429764
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISCELLANEOUS TRANSPORTATION EQUIPMENT [3790]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 030608147
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38392
- **FILM NUMBER:** 251281295

**BUSINESS ADDRESS:**
- **STREET 1:** 407 LINCOLN ROAD, SUITE 704
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139
- **BUSINESS PHONE:** (305) 521-0200

**MAIL ADDRESS:**
- **STREET 1:** 407 LINCOLN ROAD, SUITE 704
- **CITY:** MIAMI BEACH
- **STATE:** FL
- **ZIP:** 33139

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Car Charging Group, Inc.
- **DATE OF NAME CHANGE:** 20091207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NEW IMAGE CONCEPTS, INC
- **DATE OF NAME CHANGE:** 20080313

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): <u>August 26, 2025</u>

**BLINK CHARGING CO.**

(Exact name of registrant as specified in its charter)

<u>Nevada</u> <u>001-38392</u> <u>03-0608147</u> <br> (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

<u>5081 Howerton Way, Suite A Bowie, Maryland</u> <u>20715</u> <br> (Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: <u>(305) 521-0200</u>

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered |
| Common Stock | BLNK | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**CURRENT REPORT ON FORM 8-K**

**Blink Charging Co. (the "Company")**

**August 26, 2025**

**Item 1.01. Entry into a Material Definitive Agreement.**

**Envoy Technologies Merger Amendment and Warrant Agreement**

As previously announced, on August 4, 2025, the Company's indirect wholly owned subsidiary, Envoy Technologies, Inc. ("Envoy Technologies"), entered into Amendment No. 4 (the "Amendment") to the Agreement and Plan of Merger, dated as of April 18, 2023 (the "Merger Agreement"), with the Company, Envoy Mobility, Inc. (formerly Blink Mobility, LLC) ("Mobility"), and Fortis Advisors LLC, as equityholders' agent ("Equityholders' Agent"), which provides that the sole remaining payment obligation to the former equityholders of Envoy Technologies will be fully satisfied, and the Company and Mobility will be released from all claims and liabilities relating to such obligation, following the issuance of (x) $10,000,000 in shares of Company common stock, valued based on the volume-weighted average trading price for the 25 trading days preceding the issuance date (the "Stock Issuance"), and (y) warrants exercisable for shares of Company common stock with an aggregate value of $11,000,000, divided into three tranches with vesting conditions based on specific stock price achievements (the "Warrant Issuance"). In satisfaction of the Company's obligations with respect to the Stock Issuance, the Company issued to the former equityholders of Envoy Technologies an aggregate of 9,696,882 shares of the Company's common stock (the "Envoy Shares").

On August 26, 2025, in connection with the Amendment, the Company entered into a Warrant Agreement, effective as of August 19, 2025 (the "Warrant Agreement"), with the former equityholders of Envoy Technologies, through Equityholders' Agent. Pursuant to the Warrant Agreement, and in satisfaction of the Company's obligations with respect to the Warrant Issuance, the Company agreed to issue to the former equityholders of Envoy Technologies warrants (the "Envoy Warrants") to purchase up to an aggregate of 3,898,177 shares of the Company's common stock (the "Envoy Warrant Shares") at an exercise price of $0.01 per share, subject to adjustment and certain vesting conditions as provided therein.

The Envoy Shares and the Envoy Warrant Shares are subject to a 120-day leak-out period commencing on initial issuance or exercise of the Envoy Warrants, as applicable, allowing sales limited to 2% per day, with a cap of 20% per month.

The former equityholders of Envoy Technologies were granted registration rights for shares of Company common stock initially issued and those issued pursuant to the exercise of the Envoy Warrants. The Company has agreed to file a resale registration statement on Form S-1 with the SEC within 30 days of date of the Amendment and use commercially reasonable efforts to have it declared effective within 90 days thereafter. The Amendment includes indemnification provisions for both the Company and the former equityholders against claims related to the registration statement.

**Terms of the Envoy Warrants**

The following summary of certain terms and provisions of the Envoy Warrants is not complete and is subject to, and qualified in its entirety by, the provisions of the Warrant Agreement, which is filed as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated herein by reference.

***Duration and Exercise Price***

Each Envoy Warrant has an exercise price of $0.01 per share. The Envoy Warrants expire on the date that is 20 months from the effective date of the Warrant Agreement (August 19, 2025). The exercise price and number of shares issuable upon exercise of the Envoy Warrants are subject to equitable adjustment from time to time in the event of any stock split, reverse stock split, stock dividend, recapitalization, combination, reclassification, reorganization, merger, consolidation or other similar transaction involving the Company that affects the number of outstanding shares of the Company's common stock. Such adjustments will be made in a manner that proportionately preserves, as nearly as possible, the economic rights and value of the Envoy Warrants immediately prior to such event.

Notwithstanding the foregoing, no adjustment will be made to the number of shares of common stock underlying the Envoy Warrants or the exercise price with respect to (i) the issuance of securities pursuant to any equity compensation plan approved by the Company's stockholders, (ii) the issuance of securities in connection with bona fide acquisitions, mergers, joint ventures, licensing arrangements or strategic transactions, or (iii) the issuance of securities upon exercise or conversion of any securities of the Company that are outstanding as of August 19, 2025, except to the extent such securities themselves provide for anti-dilution adjustments.

***Vesting Conditions***

Of the 3,898,177 shares of common stock issuable upon exercise of the Envoy Warrants, (i) 1,470,588 shares will vest and become exercisable upon the Company's common stock achieving a last reported sale price its principal trading market equal to or greater than $1.70 for seven consecutive trading days, (ii) 1,190,476 shares will vest and become exercisable upon the Company's common stock achieving a last reported sale price its principal trading market equal to or greater than $2.10 for seven consecutive trading days, and (iii) 1,237,113 shares will vest and become exercisable upon the Company's common stock achieving a last reported sale price its principal trading market equal to or greater than $4.85 for seven consecutive trading days. The determination as to whether any such vesting condition has been satisfied will be made solely by the Company, acting in good faith, based on the last reported sale price of the Company's common stock on its principal trading market as reported on the electronic reporting system of such exchange.

***Exercisability***

The Envoy Warrants are exercisable, at the option of each holder, in whole or in part, upon satisfaction of the applicable vesting conditions, by delivering to the Company a duly executed exercise notice accompanied by payment in full for the number of shares of the Company's common stock purchased upon such exercise. Payment of the aggregate exercise price for the shares specified in the applicable notice of exercise must be made by net exercise of such shares based on the last reported sale price for the Company's common stock on the trading day immediately following receipt by the Company of the notice of exercise.

***Leak-Out Restrictions***

Any shares of common stock issued upon exercise of the Envoy Warrants are subject to the following restrictions during the period commencing on the date such shares first become freely tradable pursuant to applicable federal securities laws and ending on the 120th day thereafter (the "Leak-Out Period"):

● Each holder cannot sell more than 2% of the total number of shares issuable upon exercise of its Envoy Warrants and other shares of the Company's common stock such holder is entitled to as Stock Consideration under the Envoy Technologies Merger Agreement (collectively, the "Leak-Out Shares") on any trading day;

● Each holder cannot sell more than 20% of the total Leak-Out Shares during any calendar month (the "Monthly Limit");

● Any portion of the Monthly Limit not sold in a given month cannot be carried forward;

● During the final 30 days of the Leak-Out Period, each holder may sell up to 5% of the Leak-Out Shares on any trading day, subject to the Monthly Limit; and

● All sales must be effected through the principal trading market on which the Company's common stock is listed at the time of sale.

***Rights as a Stockholder***

Except as otherwise provided in the Envoy Warrants or by virtue of the holder's ownership of shares of the Company's common stock, such holder of Envoy Warrants does not have the rights or privileges of a holder of the Company's common stock, including any voting rights, until such holder exercises such holder's Envoy Warrants.

***Change of Control***

If at any time the Envoy Warrants are outstanding, the Company, either directly or indirectly, in one or more related transactions effect a Change of Control (as defined in the Warrant Agreement), any portion of the Envoy Warrants that remains unvested as of immediately prior to the consummation of such Change of Control will automatically become fully vested and immediately exercisable, without any further action required by the Company or the holder, effective immediately prior to and contingent upon the consummation of such Change of Control. Upon such vesting and exercise, the holder will be entitled to participate in the Change of Control transaction with respect to the shares of common stock underlying the Envoy Warrants acquired, on the same terms and conditions as other holders of the Company's common stock. Any portion of the Envoy Warrants that is not exercised in connection with or prior to the consummation of a Change of Control shall remain exercisable (to the extent then vested) until the expiration of the Envoy Warrants, unless otherwise terminated or cashed out in accordance with the terms of the Change of Control transaction or the Warrant Agreement.

***Fundamental Transactions***

If at any time the Envoy Warrants are outstanding, the Company, either directly or indirectly, in one or more related transactions effect a Fundamental Transaction (as defined in the Warrant Agreement), the Envoy Warrants will be assumed or substituted for by the successor or surviving entity, and each holder will thereafter have the right to receive, upon exercise of the Envoy Warrants, the same amount and kind of securities, cash, or other property as such holder would have been entitled to receive upon the occurrence of such Fundamental Transaction had the Envoy Warrants been exercised immediately prior thereto, all subject to further equitable adjustment.

***Waivers and Amendments***

The Envoy Warrants may be modified or amended or the provisions of the Envoy Warrants waived with the Company's and the Equityholders' Agent's written consent.

The foregoing descriptions of the Envoy Warrants and the Amendment do not purport to be complete are qualified in their entirety by reference to the full texts of the Warrant Agreement, which is filed as Exhibit 4.1 to this Current Report on Form 8-K, and the Amendment, which is filed as Exhibit 2.1 to the Current Report on Form 8-K filed with the SEC on August 6, 2025, each of which is incorporated herein by reference.

**Item 3.02. Unregistered Sales of Equity Securities.**

The information contained in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference into this Item 3.02. The Envoy Shares, Envoy Warrants and Envoy Warrant Shares were offered and sold by the Company in reliance upon an exemption from the registration requirements of the Securities Act afforded by Section 4(a)(2) of the Securities Act.

**Item 9.01. Financial Statements and Exhibits.**

(d) <u>Exhibits</u>. The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K.

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 4.1 | [Warrant Agreement, dated as of August 19, 2025, by and between Blink Charging Co. and the former equityholders of Envoy Technologies, Inc., through their agent, Fortis Advisors, LLC.](ex4-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

**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.** | **BLINK CHARGING CO.** |
| Date: August 29, 2025 | By: | */s/ Michael C. Battaglia* |
|  | Name: | Michael C. Battaglia |
|  | Title: | President and Chief Executive Officer |

---

## Exhibit 4.1

**Exhibit** **4.1**

**WARRANT AGREEMENT**

This Warrant Agreement (this "**Agreement**") is entered into and dated as of August 19, 2025 (the "**Effective Date**"), by and between Blink Charging Co., a Nevada corporation ("**HoldCo**"), and the former equityholders of Envoy Technologies, Inc. ("**Equityholders**"), through their agent, Fortis Advisors, LLC ("**Equityholder's Agent**").

This Agreement is being entered into in accordance with Section 2.1(c)(i)(4)(C) of the Agreement and Plan of Merger, dated as of April 18, 2023, by and among HoldCo, Envoy Mobility, Inc. (formerly Blink Mobility, LLC) ("**Mobility**"), Mobility Merger Sub Inc., Envoy Technologies, Inc. (the "**Company**") and the Equityholders' Agent, as agent for the Equityholders (as amended, the "**Merger Agreement**"), pursuant to which HoldCo has agreed to, among other things, issue to the Equityholders warrants to purchase shares of HoldCo Common Stock in satisfaction of its obligations in respect of the Stock Consideration contemplated thereby, subject to the terms and conditions set forth herein.

Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Merger Agreement.

1. **Issuance of Warrants; Exercise Price; Form of Exercise.** 

&nbsp;&nbsp;&nbsp;&nbsp;1.1. Subject
 to the terms and conditions set forth in this Agreement and in the Merger Agreement, HoldCo
 hereby agrees to issue to the Equityholders, as and in consideration of a portion of the
 aggregate Stock Consideration to be received by the Equityholders in connection with the
 consummation of the transactions contemplated by the Merger Agreement, warrants (collectively,
 the "**Warrants**") to purchase up to an aggregate of 3,898,177 shares of
 HoldCo Common Stock (the "**Warrant Shares** "), which shall be allocated among
 the Equityholders in such amounts as are set forth opposite their respective names attached
 hereto as <u>Schedule I</u> ()"**Allocation Schedule** ").

&nbsp;&nbsp;&nbsp;&nbsp;1.2. HoldCo
 shall cause the Equityholders' Agent to deliver to each Equityholder a letter, substantially
 in the form attached hereto as <u>Exhibit A</u> (the "**Warrant Letter** "),
 evidencing the Warrants issued pursuant to this Agreement. The Warrant Letter shall be accompanied
 by the Allocation Schedule setting forth the name of each Equityholder and the number of
 Warrants allocated to such Equityholder pursuant to this Agreement. The Warrant Letter and
 the Allocation Schedule shall together constitute conclusive evidence of each Equityholder's
 ownership of Warrants hereunder, it being understood that the terms and conditions of the
 Warrants shall be solely as set forth in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;1.3. The
 Warrants shall consist of three separate tranches, each subject to the vesting conditions
 set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.1. **Tranche A**: Warrants to purchase an aggregate of 1,470,588 Warrant Shares, allocated in accordance
 with the Allocation Schedule, which shall vest and become exercisable, subject to the other
 terms and conditions of this Agreement, upon the HoldCo Common Stock achieving a last reported
 sale price on its principal trading market equal to or greater than $1.70 for seven (7) consecutive
 trading days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.2. **Tranche B**: Warrants to purchase an aggregate of 1,190,476 Warrant Shares, allocated in accordance
 with the Allocation Schedule, which shall vest and become exercisable, subject to the other
 terms and conditions of this Agreement, upon the HoldCo Common Stock achieving a last reported
 sale price on its principal trading market equal to or greater than $2.10 for seven (7) consecutive
 trading days.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3.3. **Tranche C**: Warrants to purchase an aggregate of 1,237,113 Warrant Shares, allocated in accordance
 with the Allocation Schedule, which shall vest and become exercisable, subject to the other
 terms and conditions of this Agreement, upon the HoldCo Common Stock achieving a last reported
 sale price on its principal trading market equal to or greater than $4.85 for seven (7) consecutive
 trading days.

&nbsp;&nbsp;&nbsp;&nbsp;1.4. Each
 Warrant shall entitle the applicable Equityholder to purchase the number of Warrant Shares
 allocated to such Equityholder as set forth on the Allocation Schedule at an exercise price
 equal to $0.01 per Warrant Share (the "**Exercise Price** "), subject to adjustment
 as set forth in Section 8 below. Except as otherwise provided in this Agreement, exercise
 of each Warrant may be made, in whole or in part, at any time or times on or after satisfaction
 of the applicable vesting conditions set forth in this Section 1 and on or before the Expiration
 Date by delivery to HoldCo of a duly executed PDF copy submitted by e-mail (or e-mail attachment)
 of the Notice of Exercise substantially in the form attached to the Warrant Letter (the "**Notice of Exercise**") to the e-mail address set forth in such Notice of Exercise. Payment
 of the aggregate Exercise Price for the Warrant Shares specified in the applicable Notice
 of Exercise shall be made by net exercise of such Warrant Shares based on the last reported
 sale price for HoldCo Common Stock on the trading day immediately following receipt by HoldCo
 of Notice of Exercise. No ink-original Notice of Exercise shall be required, nor shall any
 medallion guarantee (or other type of guarantee or notarization) of any Notice of Exercise
 be required. The Warrant Shares shall be issued in book-entry form and may bear such restrictive
 legends or notations as may be required under applicable securities laws or pursuant to the
 terms of this Agreement.

2. **Vesting; Determination.** Each tranche of the Warrants shall vest and become immediately exercisable
 upon the satisfaction of the applicable vesting condition set forth in Section 1 of this
 Agreement. The determination as to whether any such vesting condition has been satisfied
 shall be made solely by HoldCo, acting in good faith, based on the last reported sale price
 of HoldCo Common Stock on its principal trading market as reported on the electronic reporting
 system of such exchange. For purposes of determining satisfaction of the vesting conditions
 set forth in Section 1 of this Agreement, each of the share price thresholds of $1.70, $2.10,
 and $4.85 shall be deemed to reference the trading price of HoldCo Common Stock on a pre-split
 basis. In the event HoldCo effects any stock split, reverse stock split, or other similar
 recapitalization, that proportionally alters the number of outstanding shares of HoldCo Common
 Stock, the vesting price thresholds will be equitably adjusted to preserve the original economic
 intent of such thresholds. For the avoidance of doubt, if a recapitalization alters the number
 of outstanding shares of HoldCo Common Stock without altering the fundamental economic value
 thereof, the vesting price thresholds shall remain unchanged and shall continue to apply
 as though no such event had occurred.

3. **Change of Control Acceleration.** 

&nbsp;&nbsp;&nbsp;&nbsp;3.1. In
 the event of a Change of Control, any portion of the Warrants that remains unvested as of
 immediately prior to the consummation of such Change of Control shall automatically become
 fully vested and immediately exercisable, without any further action required by HoldCo or
 the Equityholders, effective immediately prior to and contingent upon the consummation of
 such Change of Control.

&nbsp;&nbsp;&nbsp;&nbsp;3.2. Upon
 such vesting and exercise, the Equityholders shall be entitled to participate in the Change
 of Control transaction with respect to the Warrant Shares acquired, on the same terms and
 conditions as other holders of HoldCo Common Stock. HoldCo shall provide written notice to
 Equityholders' Agent of any Change of Control reasonably in advance of the consummation
 thereof, setting forth the material terms and expected treatment of the Warrants and underlying
 Warrant Shares in such transaction.

&nbsp;&nbsp;&nbsp;&nbsp;3.3. For
 the avoidance of doubt, any portion of the Warrants that is not exercised in connection with
 or prior to the consummation of a Change of Control shall remain exercisable (to the extent
 then vested) until the Expiration Date (as defined below), unless otherwise terminated or
 cashed out in accordance with the terms of the Change of Control transaction or this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;3.4. For
 purposes of this Section 3, "**Change of Control**" shall mean any of the
 following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4.1. HoldCo,
 directly or indirectly, in one or more related transactions effects any merger or consolidation
 of the HoldCo with or into another person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4.2. HoldCo
 directly or indirectly, effects any sale, lease, license, assignment, transfer, conveyance
 or other disposition of all or substantially all of its assets in one or a series of related
 transactions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4.3. any,
 direct or indirect, purchase offer, tender offer or exchange offer (whether by the HoldCo
 or another person) is completed pursuant to which holders of HoldCo Common Stock are permitted
 to sell, tender or exchange their shares for other securities, cash or property and has been
 accepted by the holders of 50% or more of the outstanding HoldCo Common Stock or 50% or more
 of the voting power of the common equity of HoldCo;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4.4. HoldCo,
 directly or indirectly, in one or more related transactions effects any reclassification,
 reorganization or recapitalization of the HoldCo Common Stock or any compulsory share exchange
 pursuant to which the HoldCo Common Stock is effectively converted into or exchanged for
 other securities, cash or property; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4.5. HoldCo,
 directly or indirectly, in one or more related transactions consummates a stock or share
 purchase agreement or other business combination (including, without limitation, a reorganization,
 recapitalization, spin-off, merger or scheme of arrangement) with another person or group
 of persons whereby such other person or group acquires 50% or more of the outstanding shares
 of HoldCo Common Stock or 50% or more of the voting power of the common equity of the HoldCo.

4. **Term and Expiration.** 

&nbsp;&nbsp;&nbsp;&nbsp;4.1. The
 Warrants issued pursuant to this Agreement shall remain outstanding and exercisable, subject
 to the satisfaction of the applicable vesting conditions set forth in Section 1, until 5:00
 p.m. Eastern Time on the date that is **twenty (20) months** following the Effective Date
 of this Agreement (such date, the "**Expiration Date** ").

&nbsp;&nbsp;&nbsp;&nbsp;4.2. Any
 portion of the Warrants that remains unexercised as of the Expiration Date shall automatically
 and without further action by any party be deemed null and void, and all rights with respect
 to such unexercised Warrants shall cease and terminate as of the Expiration Date.

&nbsp;&nbsp;&nbsp;&nbsp;4.3. HoldCo
 shall not be obligated to provide any prior notice to the Equityholders or the Equityholders'
 Agent of the impending expiration of the Warrants. The failure to provide such notice shall
 not affect the termination of the Warrants upon the Expiration Date as set forth herein.
 The rights of the Equityholders to exercise any vested Warrants shall be strictly limited
 to the period from the applicable vesting date through and including the Expiration Date,
 subject to any earlier termination in accordance with the provisions of this Agreement.

5. **Share Delivery.** 

&nbsp;&nbsp;&nbsp;&nbsp;5.1. Promptly
 following the valid exercise of any portion of the Warrants in accordance with the terms
 of this Agreement, and in any event no later than five (5) business days after HoldCo's
 receipt of the applicable notice of exercise, HoldCo shall deliver to the Equityholder the
 corresponding number of Warrant Shares, free and clear of all liens, claims, and encumbrances
 (other than restrictions arising under applicable federal and state securities laws, the
 leak-out restrictions set forth in Section 6 of this Agreement, and the registration rights
 set forth in Annex A to the Amendment No. 4 to Agreement and Plan of Merger, dated as of
 August 4, 2025, by and among Mobility, the Company and the Equityholders' Agent).

&nbsp;&nbsp;&nbsp;&nbsp;5.2. Such
 Warrant Shares shall be (i) duly authorized, validly issued, fully paid and nonassessable,
 and (ii) issued in book-entry form through the facilities of the applicable transfer agent
 unless otherwise agreed by the parties in writing. HoldCo shall not be required to issue
 fractional shares upon exercise of any Warrant, and in lieu thereof, the number of shares
 to be issued shall be rounded down to the nearest whole share with no cash or other payment
 due in respect of such fractional share.

&nbsp;&nbsp;&nbsp;&nbsp;5.3. Each
 Equityholder shall be deemed for all corporate purposes to have become the holder of record
 of such Warrant Shares as of the date on which it delivers such notice of exercise to HoldCo,
 provided that payment of any applicable taxes and compliance with all other conditions precedent
 to such issuance have been satisfied. HoldCo shall take all such actions as may be necessary
 to ensure that such Warrant Shares are properly and timely delivered, including by coordinating
 with its transfer agent to facilitate such issuance. To the extent HoldCo is required to
 withhold or pay any taxes (including, without limitation, income payroll, Social Security,
 Medicare, or similar employment taxes) or any transfer taxes in connection with the issuance
 of Warrants Shares, HoldCo shall have the right, in its sole discretion, to reduce the number
 of Warrant Shares otherwise deliverable to such Equityholder in order to satisfy such withholding
 or transfer tax obligations, based on the last reported sale price (or, at HoldCo's
 option, the fair market value as reasonably determined by the Board) of HoldCo Common Stock
 on the trading day immediately following HoldCo's receipt of this Notice of Exercise.
 If the withholding or transfer tax obligations exceed the number of Warrant Shares that may
 be withheld, the Equityholder shall promptly remit to HoldCo an amount in cash sufficient
 to satisfy any remaining withholding or transfer tax obligation.

6. **Leak-Out Restrictions.** 

&nbsp;&nbsp;&nbsp;&nbsp;6.1. The
 Warrant Shares issued pursuant to this Agreement shall be subject to the following restrictions
 during the period commencing on the date such shares first become freely tradable pursuant
 to applicable federal securities laws (the "**Leak-Out Period Start Date** ")
 and ending on the one hundred twentieth (120<sup>th</sup>) day thereafter (the "**Leak-Out Period** "):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.1. Each
 Equityholder shall not sell more than two percent (2%) of the total number of Warrant Shares
 and other shares of HoldCo Common Stock it is entitled to as Stock Consideration under the
 Merger Agreement (collectively, the "**Leak-Out Shares**") on any trading
 day;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.2. Each
 Equityholder shall not sell more than twenty percent (20%) of the total Leak-Out Shares during
 any calendar month (the "**Monthly Limit** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.3. Any
 portion of the Monthly Limit not sold in a given month shall not be carried forward;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.4. During
 the final thirty (30) days of the Leak-Out Period, each Equityholder may sell up to five
 percent (5%) of the Leak-Out Shares on any trading day, subject to the Monthly Limit; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1.5. All
 sales shall be effected through the principal trading market on which HoldCo Common Stock
 is listed at the time of sale.

&nbsp;&nbsp;&nbsp;&nbsp;6.2. HoldCo
 shall instruct its transfer agent to restrict transfers of the Warrant Shares consistent
 with this Section 6 and may impose appropriate legends or other transfer restrictions during
 the Leak-Out Period.

&nbsp;&nbsp;&nbsp;&nbsp;6.3. Notwithstanding
 the sale provisions of Section 6.1, all sales must be completed in accordance with applicable
 federal securities laws.

7. **Transferability.** 

&nbsp;&nbsp;&nbsp;&nbsp;7.1. The
 Warrants, and any rights hereunder, may not be assigned, sold, offered, transferred, encumbered,
 hypothecated, pledged, or otherwise disposed of, in whole or in part, by any Equityholder
 without the prior written consent of HoldCo, except as expressly permitted in the Merger
 Agreement or as provided in this Section 7.

&nbsp;&nbsp;&nbsp;&nbsp;7.2. Notwithstanding
 the foregoing, the Warrants may be transferred by an Equityholder, without the prior written
 consent of HoldCo, to one or more affiliates of the Equityholder (as such term is defined
 under Rule 405 of the Securities Act), provided that (i) such transfer is made in compliance
 with all applicable federal and state securities laws, (ii) the transferee agrees in writing
 to be bound by the terms and conditions of this Agreement, and (iii) such transfer does not
 cause HoldCo to be in violation of any applicable law, rule, regulation, or agreement.

&nbsp;&nbsp;&nbsp;&nbsp;7.3. Any
 attempted assignment or transfer in violation of this Section 7 shall be null and void ab
 initio and of no legal effect. HoldCo shall not be required to recognize on its books any
 purported transferee in connection with such a transfer, and no such transferee shall be
 deemed to have any rights of an Equityholder hereunder.

&nbsp;&nbsp;&nbsp;&nbsp;7.4. The
 Warrants and any Warrant Shares issued upon exercise thereof shall bear appropriate legends
 restricting transfer under applicable securities laws unless and until such shares are registered
 or exempt from registration under the Securities Act.

8. **Adjustments.** 

&nbsp;&nbsp;&nbsp;&nbsp;8.1. Notwithstanding
 anything to the contrary in Section 2 of this Agreement, the number of Warrant Shares issuable
 upon exercise of the Warrants and the applicable exercise price shall be subject to equitable
 adjustment from time to time in the event of any stock split, reverse stock split, stock
 dividend, recapitalization, combination, reclassification, reorganization, merger, consolidation,
 or similar transaction involving HoldCo that affects the number of outstanding shares of
 HoldCo Common Stock. Such adjustments shall be made in a manner that proportionately preserves,
 as nearly as possible, the economic rights and value of the Warrants immediately prior to
 such event.

&nbsp;&nbsp;&nbsp;&nbsp;8.2. Without
 limiting the terms and conditions of Section 3 of this Agreement, in the event of a merger
 or consolidation of HoldCo with or into another entity, or the sale of all or substantially
 all of HoldCo's assets (each, a "**Fundamental Transaction** "), the
 Warrants shall be assumed or substituted for by the successor or surviving entity, and each
 Equityholder shall thereafter have the right to receive, upon exercise of the Warrants, the
 same amount and kind of securities, cash, or other property as such Equityholder would have
 been entitled to receive upon the occurrence of such Fundamental Transaction had the Warrants
 been exercised immediately prior thereto, all subject to further equitable adjustment.

&nbsp;&nbsp;&nbsp;&nbsp;8.3. HoldCo
 shall promptly notify Equityholder's Agent in writing of any adjustment made pursuant
 to this Section 8, including a description of the event requiring such adjustment, the manner
 of computation, and the resulting adjusted number of Warrant Shares and exercise price.

&nbsp;&nbsp;&nbsp;&nbsp;8.4. Notwithstanding
 the foregoing, no adjustment shall be made to the number of Warrant Shares or the exercise
 price with respect to (i) the issuance of securities pursuant to any equity compensation
 plan approved by HoldCo's stockholders, (ii) the issuance of securities in connection
 with bona fide acquisitions, mergers, joint ventures, licensing arrangements, or strategic
 transactions, or (iii) the issuance of securities upon exercise or conversion of any securities
 of HoldCo that are outstanding as of the Effective Date of this Agreement, except to the
 extent such securities themselves provide for anti-dilution adjustments.

9. **No Rights as Stockholder.** 

&nbsp;&nbsp;&nbsp;&nbsp;9.1. The
 Warrants granted under this Agreement are contractual rights to acquire shares of HoldCo
 Common Stock upon the terms and subject to the conditions set forth herein and do not confer
 upon the Equityholders any rights of a stockholder of HoldCo unless and until the Warrants
 are duly exercised and the corresponding Warrant Shares have been validly issued and delivered
 to the respective Equityholder in accordance with this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;9.2. Without
 limiting the generality of the foregoing, the Warrants shall not entitle the Equityholder
 to any voting rights, rights to receive dividends or other distributions (whether in cash,
 securities, or other property), rights to notice of or to attend meetings of stockholders,
 or any other rights or privileges of a stockholder of HoldCo with respect to any Warrant
 Shares or any other securities of HoldCo.

&nbsp;&nbsp;&nbsp;&nbsp;9.3. No
 provision of this Agreement, in the absence of exercise of the Warrants, and no enumeration
 herein of any rights or privileges of the Equityholder, shall give rise to any liability
 of any Equityholder as a stockholder of HoldCo or confer upon any Equityholder any of the
 rights of a stockholder unless and until such time as an Equityholder shall have validly
 exercised the Warrants and been issued Warrant Shares in accordance with the terms hereof.

10. **Governing Law.** 

&nbsp;&nbsp;&nbsp;&nbsp;10.1. This
 Agreement shall be governed by, and construed in accordance with, the internal laws of the
 State of New York, without giving effect to any choice or conflict of law provision or rule
 (whether of the State of New York or any other jurisdiction) that would cause the application
 of the laws of any jurisdiction other than the State of New York.

&nbsp;&nbsp;&nbsp;&nbsp;10.2. Each
 of the parties hereto hereby irrevocably and unconditionally submits to the exclusive jurisdiction
 of the state and federal courts located within the State of New York for the purpose of any
 suit, action, or other proceeding arising out of or relating to this Agreement and the transactions
 contemplated hereby, and agrees not to commence any action, suit, or proceeding relating
 thereto except in such courts. Each party irrevocably waives, to the fullest extent permitted
 by law, any objection to the laying of venue in such courts and any claim that any such action,
 suit, or proceeding has been brought in an inconvenient forum.

EACH PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATED TO THIS AGREEMENT.

11. **Successors and Assigns.** Except as otherwise expressly provided herein, all covenants and agreements
 contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure
 to the benefit of the respective successors of the parties hereto whether so expressed or
 not. No Equityholder shall assign, transfer, or otherwise convey any of its rights or obligations
 under this Agreement, in whole or in part, to any person or entity, except to an affiliate
 of such Equityholder and only with the prior written consent of HoldCo, which consent may
 be granted or withheld in HoldCo's sole discretion; provided that, notwithstanding
 anything to the contrary herein, any Equityholder or any successor, transferee or assign
 of such Equityholder may, without consent of HoldCo, assign, transfer or convey all of its
 rights and obligations under this Agreement, in whole but not in part, to any person or entity
 to whom a Warrant is being validly transferred in accordance with, and in compliance with
 the terms and conditions of such Warrant so long as such assignment, transfer or conveyance
 of all rights and obligations under this Agreement is made concurrently with, and contingent
 upon, such transfer of such Warrant. Any attempted assignment or transfer in violation of
 this provision shall be null and void and of no force or effect. For purposes of this Agreement,
 "affiliate" shall mean any entity that directly or indirectly controls, is controlled
 by, or is under common control with an Equityholder.

12. **Severability.** Whenever possible, each provision of this Agreement shall be interpreted in such manner as
 to be effective and valid under applicable law, but if any provision of this Agreement is
 held to be prohibited by or invalid under applicable law, such provision shall be ineffective
 only to the extent of such prohibition or invalidity, without invalidating the remainder
 of this Agreement.

13. **Counterparts.** This Agreement may be executed simultaneously in two or more counterparts, none of which
 need contain the signatures of more than one party, but all such counterparts taken together
 shall constitute one and the same agreement. In the event that any signature is delivered
 by facsimile transmission or by e-mail delivery of a "pdf" format data file,
 such signature shall create a valid and binding obligation of the party executing (or on
 whose behalf such signature is executed) with the same force and effect as if such facsimile
 or "pdf" signature page were an original thereof.

14. **Entire Agreement.** This Agreement, together with the Merger Agreement and all exhibits, annexes,
 and schedules thereto, constitutes the entire agreement and understanding between the parties
 with respect to the subject matter hereof, and supersedes all prior or contemporaneous discussions,
 negotiations, agreements, understandings, representations, and warranties, whether oral or
 written, between the parties relating to the Warrants or any of the transactions contemplated
 hereby. No modification, amendment, or waiver of any provision of this Agreement shall be
 effective unless made in writing and signed by each of the parties hereto. Each party acknowledges
 and agrees that it has not relied on any representation, warranty, agreement, or statement
 not expressly set forth in this Agreement or the Merger Agreement in entering into this Agreement.

[*Signature Page Follows*]

**IN WITNESS WHEREOF**, the parties have executed this Warrant Agreement as of the date first written above.

---

| | |
|:---|:---|
| **BLINK CHARGING CO.** | **BLINK CHARGING CO.** |
| By: | /s/ Michael Battaglia |
| Name: | Michael Battaglia |
| Title: | Chief Executive Officer |
| **FORTIS ADVISORS, LLC** | **FORTIS ADVISORS, LLC** |
| By: | /s/ Ryan Simkin |
| Name: | Ryan Simkin |
| Title: | Managing Director |

---

**<u>Schedule I</u>**

**Allocation Schedule**

*See attached*

 

 

**<u>Exhibit A</u>**

**Form of Warrant Letter**

August 26, 2025

---

| | |
|:---|:---|
| **Re:** | **Warrant Agreement** |

---

Dear Equityholders:

This letter (this "**Warrant Letter**") is delivered to you pursuant to that certain Warrant Agreement, dated as of August 19, 2025 (the "**Agreement**"), by and between Blink Charging Co., a Nevada corporation, and Fortis Advisors, LLC, as Equityholders' Agent. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Agreement.

Pursuant to the Agreement, Blink Charging Co. has agreed to issue to the Equityholders warrants to purchase up to an aggregate of 3,898,177 shares of common stock, par value $0.01 per share, of Blink Charging Co. (the "**Warrants**"). The allocation of such Warrants among the Equityholders is set forth on <u>Schedule I</u> attached hereto (the "**Allocation Schedule**").

This Warrant Letter, together with the Allocation Schedule, constitutes conclusive evidence of each Equityholder's ownership of the Warrants allocated to such Equityholder pursuant to the Agreement; <u>provided</u>, <u>however</u>, that such Warrants shall remain subject to the vesting conditions set forth in Section 1 of the Agreement. The terms and conditions of the Warrants, including such vesting conditions, are set forth exclusively in the Agreement, and this Warrant Letter does not confer any rights or obligations other than as expressly set forth therein.

In accordance with Section 1.4 of the Agreement, any Equityholder wishing to exercise all or any portion of its Warrants shall complete and deliver to Blink Charging Co. a Notice of Exercise, substantially in the form attached hereto as <u>Schedule II</u>, in accordance with the terms of the Agreement.

A copy of the Agreement may be obtained upon request by contacting Fortis Advisors, LLC at support@fortisrep.com.

---

| |
|:---|
| Very truly yours, |
| **BLINK CHARGING CO.** |
| By: |
| Name: |
| Title: |

---

**<u>Schedule I</u>**

**Allocation Schedule**

*See attached*

**<u>Schedule II</u>**

**NOTICE OF EXERCISE**

To: BLINK CHARGING CO.

E-MAIL: legal@blinkcharging.com

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The undersigned hereby elects to purchase ________ Warrant Shares of Blink Charging Co. pursuant to the terms of the Warrant Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) Payment for the exercise price, any transfer taxes due upon issuance and any required tax withholdings shall be satisfied via net exercise of such Warrant Shares based on the last reported sale price for Blink Charging Co. Common Stock on the trading day immediately following receipt by Blink Charging Co. of this Notice of Exercise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) Please issue said Warrant Shares in the name of the undersigned or in such other name as is specified below:

_______________________________

The Warrant Shares shall be delivered to the following DWAC Account Number:

_______________________________

_______________________________

_______________________________

[SIGNATURE OF EQUITYHOLDER]

Name of Entity or Person: _______________________________

*Signature of Authorized Signatory of Entity or Person*: _______________________________

Name of Authorized Signatory: _______________________________

Title of Authorized Signatory: _______________________________

Date: _______________________________