{"filings":[{"id":120951,"accession_number":"0001829126-25-009442","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-11-26T23:59:59+00:00","items":["2.05","8.01"],"status":"ready","headline":"Bollinger Innovations begins workforce reduction, Troy office closure, ends factory warranty support","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Management initiated cost-reduction plan on Nov 21, 2025: reduced workforce, closing Troy, MI office, consolidating staff to Oak Park facility.","Dealer network notified: factory service and warranty support discontinued; all operations consolidated to single Oak Park location.","Company evaluating potential dealer-driven programs for parts and vehicle purchases; no business line disposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120950,"accession_number":"0001829126-25-008053","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-10-10T23:59:59+00:00","items":["3.01","5.03","7.01","9.01"],"status":"ready","headline":"Bollinger Innovations to be delisted from Nasdaq on Oct 13, moves to OTC Markets","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq to suspend trading Oct 13, 2025 after failure to regain compliance with $35M MVLS minimum.","Common stock to trade on OTCID (OTC Markets) under ticker BINI starting Oct 13.","Preferred Series F authorized shares increased from 30,335 to 103,539; Series G from 116,365 to 126,460.","CEO Michery states move allows cost savings to be reinvested into accelerating business strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137539,"accession_number":"0001829126-25-007611","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-09-23T23:59:59+00:00","items":["1.01","5.03","2.03","3.02","3.03","7.01","8.01","9.01"],"status":"ready","headline":"Bollinger Innovations raises $4.1M via convertible notes with 15% interest; effects 1-for-250 reverse split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered securities purchase agreement for $4.1M convertible notes with 15% interest, 5% OID, 4-month maturity; includes 5-year warrants.","Notes convertible at lower of fixed price or 95% of VWAP; anti-dilution adjustments; stockholder approval required if conversion exceeds 19.9% of outstanding.","Company agrees to no other equity sales during 90-day restricted period after effectiveness or stockholder approval.","Reverse stock split 1-for-250 effective Sept. 22, 2025, reducing outstanding shares from ~126M to ~506k; seeks Nasdaq $1 bid compliance.","Company commits no further reverse split for three years; registration rights agreement requires filing within 10 days or penalties apply."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137538,"accession_number":"0001829126-25-007429","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-09-16T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Bollinger shareholders approve reverse split 1:2-1:250; share count surges to 108M from 21.8M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposal 1 passed with 7.7M for, 0.41M against; board to set exact ratio.","Shares outstanding rose from 21,834,420 (Aug 22 record) to 108,229,870 as of Sep 16, a 5x increase.","Proposal 2 (adjournment) not presented; quorum and sufficient votes for Proposal 1.","Massive dilution in ~3 weeks suggests substantial equity issuance or conversions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137537,"accession_number":"0001829126-25-007022","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Bollinger Innovations cuts costs: additional staff cuts, facility closures, G&A/R&D down to $18.6M/quarter (61% drop)","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Additional staff reductions and closure of facilities in Irvine, CA, Monrovia, CA, and Mishawaka, IN.","Elimination of third-party manufacturing with Roush Industries; B4 production consolidated to Tunica, MS plant.","G&A and R&D expenses reduced from $47.7M (Q ended June 30, 2025) to $18.6M per quarter, a 61% drop.","Company continues to reduce operating expense burn rate while focusing on commercial vehicle revenue.","CEO David Michery cites streamlined operations and focus on selling commercial EVs in 2025 and beyond."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137536,"accession_number":"0001829126-25-006949","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-08-29T23:59:59+00:00","items":["3.01","8.01"],"status":"ready","headline":"Bollinger Innovations receives Nasdaq delisting notice for failure to meet $35M MVLS minimum","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified company on Aug 26, 2025 that it failed to regain compliance with $35M MVLS minimum within 180-day cure period.","Company intends to request a hearing before Nasdaq Hearings Panel; delisting stayed pending hearing and any extension.","Company believes stockholders' equity exceeded $2.5M as of Aug 14, 2025, an alternative listing standard under Rule 5550(b).","As of Aug 29, 2025, total shares outstanding were 30,663,625."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137535,"accession_number":"0001829126-25-006333","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-08-14T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Bollinger Innovations posts $291.8M net loss; cash burn cut 53.7% YoY to $73.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss after preferred dividends: $291.8M for 9 months (vs $289.9M prior year).","Revenue from vehicle sales: $8.3M (9 months) vs $98.6K YoY; gross loss $15.8M.","Cash and restricted cash $0.9M at June 30 (down from $10.7M); working capital deficit $144.1M.","Post-quarter, warrant/note conversions increased stockholder equity by >$110M; estimated equity now >$3M.","Manufacturing consolidation: moving B4 production to Tunica, MS to reduce cost and streamline operations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":8344311.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137534,"accession_number":"0001829126-25-005816","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["3.03","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Bollinger Innovations announces 1-for-250 reverse stock split to regain Nasdaq compliance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Effective Aug 4, 2025, 1-for-250 reverse stock split reduces shares from ~423.5M to ~1.7M.","Split aims to meet Nasdaq's $1.00 minimum bid price requirement for continued listing.","No fractional shares; all fractional shares rounded up to nearest whole share.","Proportional adjustments to warrants, convertible notes, preferred stock, and equity awards.","Authorized shares and par value unchanged; new CUSIP 62526P885."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137533,"accession_number":"0001829126-25-005653","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["1.01","5.03","1.02","3.02","7.01","9.01"],"status":"ready","headline":"Bollinger Innovations eliminates $25.3M convertible notes and all warrants via exchange","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchanged $25.5M in principal and accrued interest for 25,521 Series F Preferred shares.","Exchanged warrants exercisable for ~4.3M common shares for 109,219 Series G Preferred shares.","Filed Certificates of Designations for Series F (25,600 shares) and Series G (110,000 shares) Preferred Stock.","CEO David Michery said the exchange eliminates debt and all warrants to improve capital structure.","Press release on July 29, 2025, highlighted $133M increase in shareholder equity and compliance with Nasdaq listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137532,"accession_number":"0001829126-25-005459","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-07-28T23:59:59+00:00","items":["5.03","7.01","8.01","9.01"],"status":"ready","headline":"Mullen Automotive changes name to Bollinger Innovations, Inc.; ticker becomes BINI","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Name change to Bollinger Innovations, Inc. effective July 28, 2025; ticker changes to BINI on Nasdaq.","Stockholders need not take any action; CUSIP for common stock unchanged.","Board amended bylaws solely to reflect new name; legal structure and operations unchanged.","383,050,121 shares of common stock outstanding as of July 28, 2025.","CEO David Michery says rebranding unifies products under one identity for commercial EV market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":137540,"accession_number":"0001829126-25-005321","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-07-23T23:59:59+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"Mullen Auto stockholders approve 1:250 reverse split, quarterly share increase, stock issuances","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved reverse split ratio between 1:2 and 1:250; as of July 22, 2025, 237,651,918 shares outstanding.","Approved amendment to 2022 Equity Plan: automatic quarterly share increase up to 10% of fully diluted outstanding starting Oct 1, 2025.","Approved issuances of shares under $1.6M, $11M, and $2.8M Securities Purchase Agreements (all exceeded 19.99% cap).","Approved issuance of up to $20M in shares under Section 3(a)(10) and exercise of additional warrants from May 2024 SPA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154898,"accession_number":"0001829126-25-004532","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K/A","filed_at":"2025-06-16T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Mullen completes transfer of Mishawaka facility to GEM in settlement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Transferred full ownership of Mishawaka, Indiana manufacturing facility to GEM Yield Bahamas and GEM Global Yield.","Transfer occurred on June 9, 2025, satisfying the May 9, 2025 Settlement Agreement with GEM.","Press release issued June 10, 2025 announcing the asset disposition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154907,"accession_number":"0001829126-25-004452","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-06-12T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Mullen transfers Mishawaka plant to GEM, settling all legal disputes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On June 5, 2025, Mullen transferred full ownership of its Mishawaka, IN manufacturing facility to GEM as part of a settlement.","The transfer satisfies a federal court judgment in GEM's favor and all terms of the May 9, 2025 Settlement Agreement.","All outstanding enforcement and post-judgment proceedings between Mullen and GEM are withdrawn with prejudice.","Mullen states the settlement allows the company to focus on forward-looking operational priorities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154906,"accession_number":"0001829126-25-004199","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-06-04T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Mullen Automotive raises $14.4M via secured convertible notes with 15% interest and warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $11.6M and $2.8M in 5% OID secured convertible notes, net proceeds ~$13.66M.","Notes bear 15% interest, mature in 4 months; convertible at lower of $14.00 or 95% of VWAP.","Issued 5-year warrants for ~2M shares; cashless exercise at Black-Scholes value with 135% volatility.","Company must seek stockholder approval within 40 days to exceed 19.9% exchange cap on conversions.","Registration rights agreement requires filing within 10 days, effectiveness within 40 days; liquidated damages for delays."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154905,"accession_number":"0001829126-25-004146","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["3.03","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Mullen Automotive announces 1-for-100 reverse stock split effective June 2, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-100 ratio, effective June 2, 2025 at 12:01 a.m. ET.","Outstanding shares reduced from ~80 million to ~800 thousand.","Split intended to meet Nasdaq $1.00 minimum bid price; no guarantee of compliance.","No fractional shares issued; all fractions rounded up to next whole share.","Common stock continues trading on Nasdaq under MULN with new CUSIP 62526P802."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154904,"accession_number":"0001829126-25-004128","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-06-02T23:59:59+00:00","items":["1.01","1.02","7.01","9.01"],"status":"ready","headline":"Mullen acquires additional 21% of Bollinger Motors for $11M settlement, now owns 95%","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Mullen pays $11M to settle lawsuit and acquire all of Robert Bollinger's shares, increasing ownership from 74% to 95%.","Court dismisses lawsuit with prejudice and discharges receiver; Bollinger continues operations under Mullen.","Transaction increases shareholder equity by approximately $3.5M and extinguishes significant debt.","Bollinger to ramp up sales and streamline operations; Mullen provides full financial backing for vehicles."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154903,"accession_number":"0001829126-25-003900","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-05-22T23:59:59+00:00","items":["1.01","2.03","3.02","5.02","5.07","8.01","9.01"],"status":"ready","headline":"Mullen raises $1.6M via convertible notes; shareholders approve reverse split and equity plan increase","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Secured $1.6M principal via 5% OID notes (15% interest, 4-month maturity) convertible at lower of $0.15 or 95% of VWAP (floor $0.03); warrants for 21M shares.","Investor granted rights to purchase up to $4.7M additional notes on same terms through May 2026.","Special Meeting approved reverse stock split (1:2 to 1:250) and issuance of shares exceeding 19.99% cap under the securities purchase agreement.","Stockholders approved increasing 2022 Equity Incentive Plan by 15M shares to 105M total authorized shares.","As of May 22, 2025, outstanding common shares total 54,139,547."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154902,"accession_number":"0001829126-25-003815","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-05-20T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mullen Q2 rev $5M, net loss $47M; Bollinger Motors in receivership","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 2025 revenue $5.0M vs $33K YoY; net loss attributable to common $47.1M vs $132.5M.","Bollinger Motors placed into court-appointed receivership on May 7, 2025; Mullen exploring options.","Cash and restricted cash $2.3M at March 31, 2025; working capital negative $156.1M.","Cash spend for 6 months fell 56.6% to $52.4M from $120.9M prior year.","Non-cash expenses accounted for 73% of six-month net loss; revenue $7.9M for H1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":7870625.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154901,"accession_number":"0001829126-25-003598","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-05-13T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Mullen settles judgment with GEM; Mishawaka asset transfer under 55-day due diligence","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Settlement Agreement with GEM Yield Bahamas and GEM Global Yield LLC entered May 9, 2025.","Transfer of Mishawaka assets to GEM in full satisfaction of judgment; 55-day due diligence period.","All collection activities on the judgment suspended during the due diligence period.","Due diligence period extendable at GEM's option."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154900,"accession_number":"0001829126-25-003333","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["1.01","3.03","8.01","9.01"],"status":"ready","headline":"Mullen Automotive extends shareholder rights plan expiration to May 1, 2026; reports 17M shares outstanding","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Extended Final Expiration Date of Rights Agreement to May 1, 2026 via Second Amendment dated April 29, 2025.","Rights Agreement otherwise remains unmodified; amendment filed as Exhibit 4.1 to Form 8-K.","As of May 1, 2025, the company had 17,002,721 shares of common stock outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154899,"accession_number":"0001829126-25-002594","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-04-11T23:59:59+00:00","items":["3.03","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Mullen Automotive announces 1-for-100 reverse stock split effective April 11, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-100 ratio effective April 11, 2025 at 12:01 a.m. ET.","Outstanding shares reduced from ~238.7M to ~2.4M (press release says ~220M to ~2.2M).","Split intended to meet Nasdaq's $1.00 minimum bid price requirement; no guarantee of compliance.","No fractional shares; all fractional shares rounded up to nearest whole share.","Common stock continues trading under symbol MULN; new CUSIP number 62526P703."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173426,"accession_number":"0001829126-25-001936","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["1.02"],"status":"ready","headline":"Mullen terminates exclusive UAE EV distribution deal with Volt Mobility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Terminated Purchase Agreement dated Aug 23, 2024, and Nov 4 amendment assigned to Lessor Car Rental LLC.","Agreement covered Mullen commercial EVs at wholesale pricing for UAE exclusive distribution.","No reason for termination or financial impact disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173425,"accession_number":"0001829126-25-001803","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Mullen shareholders approve 20M share increase to 2022 plan and CEO award amendments","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved a 20M share increase to the 2022 Equity Incentive Plan and a 10% annual automatic increase.","PSA Amendments extend CEO David Michery's milestone deadlines through 2026-2027 for capital, revenue, vehicle, and JV targets.","All three Class I director nominees (Michery, Novoa, Winter) re-elected at the annual meeting.","Proposal to increase authorized preferred shares to 1B failed; reverse stock split (1:2 to 1:100) approved.","RBSM LLP ratified as independent auditor for fiscal year ending September 30, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173424,"accession_number":"0001829126-25-001573","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-03-07T23:59:59+00:00","items":["1.01","2.03","3.02","8.01","9.01"],"status":"ready","headline":"Mullen Automotive raises $4.0M in convertible notes and warrants; shares outstanding disclosed","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Entered securities purchase agreement on March 6, 2025 for $4.0M principal of 5% OID secured notes, convertible at floor $0.37, with 15% interest and 4-month maturity.","Issued 5-year warrants for 4,545,456 shares with cashless exercise and anti-dilution adjustments to a $0.01 floor.","Company must seek stockholder approval if conversion or exercise exceeds 19.9% of outstanding shares as of execution date.","Also issued $2.1M in February Notes on Feb 20 and 24, 2025, with conversion floors of $1.03 and $0.65 per share.","As of March 6, 2025, outstanding common shares were 3,673,608."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173423,"accession_number":"0001829126-25-001345","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-02-28T23:59:59+00:00","items":["3.01"],"status":"ready","headline":"Nasdaq warns Mullen Automotive of delisting due to MVLS below $35M threshold","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notice on 2/25/2025 that MVLS < $35M for 30 consecutive business days.","Also fails alternative continued listing standards: stockholders' equity < $2.5M or net income < $500K.","Has until August 25, 2025 to regain compliance by achieving MVLS >= $35M for 10 consecutive days.","Failure to regain compliance may result in delisting from Nasdaq Capital Market.","No immediate impact on trading, but risk of future delisting if non-compliance persists."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173422,"accession_number":"0001829126-25-001104","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mullen Q1 net loss $114.9M; cash burn slashed 58%, but cash drops to $2.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders of $114.9M ($661.33 loss per share) vs $61.4M loss year ago.","Invoiced $4.4M on 58 vehicles; recognized $2.9M revenue; Bollinger segment recognized $2.8M on 20 B4 trucks.","Cash and restricted cash fell to $2.7M from $10.7M; working capital negative $186.2M ($41.2M adj. for derivatives).","Spent $27.8M cash from ops and investing, down 58.4% from $66.8M; further $13M annual cost cuts implemented Feb. 1, 2025.","Raised $8.8M via senior secured convertible notes/warrants and $1M from equity line; Bollinger received $10M loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":2920485.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173421,"accession_number":"0001829126-25-001069","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["3.03","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Mullen Automotive announces 1-for-60 reverse stock split effective Feb. 18, 2025 to meet Nasdaq bid price rule","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-60 ratio, effective Feb. 18, 2025; shares begin trading on split-adjusted basis that day.","Split aims to bring common stock above Nasdaq's $1.00 minimum bid price requirement; no guarantee of compliance.","Stockholders approved reverse split (1-for-2 to 1-for-100 range) at Jan. 31, 2025 special meeting; board selected 1-for-60.","No fractional shares issued; fractional shares rounded up to whole share. Warrants, notes, and preferred stock adjusted proportionally.","CUSIP changes to 62526P604; ticker remains MULN; authorized shares and par value unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173420,"accession_number":"0001829126-25-000884","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-02-11T23:59:59+00:00","items":["1.01","2.03","3.02","3.03","9.01"],"status":"ready","headline":"Mullen Automotive raises $3.1M via convertible notes with warrants; exchanges existing warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $3.1M secured convertible notes (5% OID) to investors; notes bear 15% interest, mature 4 months, convertible at floor $0.05/share.","Issued 5-year warrants for ~25.2M shares; exercise price adjustable, cashless exercise permitted with $0.01 floor after warrant exchange.","Entered Warrant Exchange Agreement converting prior warrants into new warrants with same terms but cashless exercise floor of $0.01.","Registration Rights Agreement requires filing resale registration statement within 5 days of effectiveness of another registration, with liquidated damages for delays.","Amended Rights Agreement to change governing law from Delaware to New York."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173419,"accession_number":"0001829126-25-000768","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"Mullen Automotive stockholders approve reverse stock split; outstanding shares rise to 61.8M","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Approved reverse stock split of common stock at ratio between 1-for-2 and 1-for-100, as determined by board.","Vote: 20,069,376 for, 4,552,509 against, 141,546 abstain; quorum of 24,763,431 votes present.","As of Jan 31, 2025, outstanding common shares increased to 61,777,360 from 44,527,314 on Jan 7 record date.","Adjournment proposal not presented due to sufficient votes for main proposal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173418,"accession_number":"0001829126-25-000408","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Mullen regains Nasdaq compliance after filing late 10-K","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notice on Jan 27 confirming compliance with Rule 5250(c)(1).","Filed 10-K for FY ended Sep 30, 2024 on Jan 24, 2025, curing delinquency.","Company now fully compliant and continues listing on Nasdaq Capital Market."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173417,"accession_number":"0001829126-25-000406","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-01-27T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"Mullen Automotive raises $6.3M via convertible notes and warrants; conversion floor $0.08","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$6.3M principal of 5% OID secured notes sold; mature in 4 months, bear 15% interest.","Notes convertible at lower of $0.39 or 95% of market price; conversion floor $0.08.","Warrants to purchase 32.4M common shares issued; 5-year term, cashless exercise using Black-Scholes (135% vol).","Restricted from equity raises for 90 days; stockholder approval required if issuance exceeds 19.9% of outstanding.","Company must cut annual salary expense by $13M by Feb 1, 2025 or face event of default."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173416,"accession_number":"0001829126-25-000367","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-01-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mullen posts FY2024 net loss of $471M; going concern warning as cash drops to $10.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders $471.0M ($1,425.61 EPS) vs $964.9M in FY2023.","Revenue $1.1M on 443 vehicles invoiced ($21M); Bollinger delivered 31 B4 trucks for $4.2M total.","Cash and equivalents $10.7M at Sept 30, 2024 vs $155.7M a year earlier; liquidity insufficient for next 12 months.","Operating and investing cash spend reduced to $201.7M from $287.1M; additional $13M annual cost cuts effective Feb 2025.","Working capital deficit $120M; shareholders' equity negative $16.6M vs positive $272.8M prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":2920485.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173415,"accession_number":"0001829126-25-000306","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-01-22T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Mullen receives Nasdaq delisting notice for late annual report; expects to file by Jan 31","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Received Nasdaq notice on Jan 15, 2025 for failure to file FY2024 10-K per Listing Rule 5250(c)(1).","No immediate effect on listing or trading, but failure to regain compliance could lead to delisting.","Company has 60 days to file 10-K or submit a compliance plan; expects to file by Jan 31, 2025.","If plan accepted, Nasdaq may grant up to 180 days from due date to regain compliance.","Management states it will work diligently to complete and file the 10-K as soon as practicable."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":173414,"accession_number":"0001829126-25-000012","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2025-01-02T23:59:59+00:00","items":["1.01","2.03","3.02","8.01"],"status":"ready","headline":"Mullen issues $9.5M in convertible notes and warrants under existing SPA; settles derivative lawsuit","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["On Dec 31, 2024, issued additional $5.3M principal of 5% OID Senior Secured Convertible Notes and 19,171 warrants to an investor.","Also entered Additional Investment Rights Agreement allowing up to $5.3M more notes and warrants within one year.","On Dec 26 & 30, 2024, issued $4.2M principal of December Notes and warrants for 8,255,933 shares ($1.12 exercise, $0.86 floor).","Derivative lawsuit settlement: governance enhancements and $500k attorney fees paid by D&O insurers, subject to court approval.","Total additional financing of ~$9.5M in convertible debt and dilutive warrants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190420,"accession_number":"0001829126-24-008393","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-12-19T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mullen Automotive submits updated DOE plan for battery manufacturing grant, requesting $55M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Requesting $55M in matching DOE funds for battery materials processing.","Invested $12M to date; plans additional $43M in support of U.S. production.","First production units planned for late mid-2025; two additional lines each following year.","Mishawaka facility capacity: 108,000 battery systems or 1 GWh per year.","Mishawaka for high-volume production; Fullerton for R&D and solid-state prototype."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190419,"accession_number":"0001829126-24-008313","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-12-13T23:59:59+00:00","items":["1.01","2.03","3.02"],"status":"ready","headline":"Mullen Automotive issues additional $4.4M in convertible notes and warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $4.4M principal ($4.6M incl. 5% OID) of 5% Original Issue Discount Senior Secured Convertible Notes, convertible into common stock.","Investors received five-year warrants to purchase 16,862 shares of common stock at cash exercise.","Notes mature in four months; same terms as prior notes disclosed in Form 10-Q filed May 14, 2024.","Additional Investment Rights Agreement allows investors to buy up to $4.6M more notes and warrants within one year (through Dec 12, 2025).","Securities issued under Section 4(a)(2) exemption from registration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190418,"accession_number":"0001829126-24-008158","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-12-09T23:59:59+00:00","items":["1.01","2.03","2.04","3.02"],"status":"ready","headline":"Mullen settles $20.6M in convertible notes via court-approved stock issuance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Court approved settlement of $20,623,013 in outstanding convertible notes on Dec 6, 2024.","Settlement shares issued at conversion price with floor of $1.16 per share; exempt under Section 3(a)(10).","Creditors receive shares or prefunded warrants, capped at 9.9% beneficial ownership.","Settlement resolves litigation and releases company from all claims on the notes.","No new financing; existing liabilities extinguished."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190417,"accession_number":"0001829126-24-007026","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-10-28T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Bollinger Motors gets $10M debt financing from founder Robert Bollinger","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Bollinger Motors issued $10M secured promissory note to Robert Bollinger, amending $5M note from Oct 22, 2024.","Note bears 15% interest, matures Oct 30, 2026; initial interest-only payment Nov 29, 2024, then monthly from Jan 2025.","Proceeds to support production and sale of B4 Class 4 EV truck, which began full-scale production in September 2024.","Note secured by Bollinger Motors assets excluding inventory and certain IP; includes restrictive covenants on additional debt and asset sales.","Robert Bollinger's financing is non-dilutive, founder's ongoing commitment to Bollinger Motors brand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190416,"accession_number":"0001829126-24-007010","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-10-25T23:59:59+00:00","items":["3.02"],"status":"ready","headline":"Mullen Automotive issues 340k shares to settle $4.5M in secured notes for $3M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 340,000 shares of common stock to settle ~$4.5M secured promissory notes for a $3.0M settlement amount.","Additional shares may be issued based on closing price to reach the $3M settlement, subject to a 9.99% ownership cap.","Settlement eliminates ~$4.5M in liabilities, reducing debt but diluting existing shareholders with new equity.","Shares issued under Section 3(a)(9) exemption; no registration required and no commission paid.","Company retains option to pay any remaining settlement balance in cash rather than stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190415,"accession_number":"0001829126-24-006668","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-10-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mullen forecasts $75M GAAP revenue over 6 months, cuts monthly spend by $5.5M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Expects $75M in GAAP revenue over next 6 months from sales pipeline and pilot programs.","Monthly operating & investing cash flows reduced from $12.8M to $7.3M, a $5.5M cut.","Cost cuts: 20% headcount reduction, elimination of FIVE passenger vehicle program, facility consolidations.","Three vehicle lines in full production; focus on near-term commercial revenue and operational efficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190414,"accession_number":"0001829126-24-006607","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-10-02T23:59:59+00:00","items":["2.02","2.03","3.02","9.01"],"status":"ready","headline":"Mullen expects $4.5M revenue (+6791% QoQ); cash burn down to $12.7M/month","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q4 FY2024 revenue ~$4.5M vs $65k prior quarter (+6791% QoQ).","Monthly cash burn reduced to ~$12.7M (from $18.1M in Q3; -30%).","Aims for cash breakeven by end of December 2025.","Received $11.9M from investors; $150M equity line available; issued $621k additional notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":1094322.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":190413,"accession_number":"0001829126-24-006580","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-10-01T23:59:59+00:00","items":["2.03","3.02"],"status":"ready","headline":"Mullen Automotive issues $12.5M in convertible notes; investors also receive warrants","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Investors partially exercise additional investment right from May 2024 SPA, purchasing $12.5M aggregate principal of 5% OID senior secured notes.","Notes convertible into common stock; issuance excludes 5% original issue discount, net proceeds ~$11.9M.","Investors also receive five-year cash or cashless warrants for 46,664 shares of common stock.","Terms of Notes and Warrants identical to those previously described in Form 10-Q filed May 14, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206922,"accession_number":"0001829126-24-006419","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-09-24T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Mullen Automotive CEO provides shareholder update detailing sales expansion, Bollinger production, and $250M financing","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Over 80 vehicle demos across U.S. with universities (Princeton, UCLA), municipalities (Los Angeles, Seattle), and corporations (Sky Chef, AAA, Enterprise).","Bollinger Motors began production of first customer-ready B4 electric trucks on Sept. 20, 2024, with Roush Industries in Michigan.","Company secured $100M preferred instrument and $150M fully available equity line to support sales growth.","International expansion includes Volt Mobility order for 300 vehicles in 2024 and 3,000 in 2025, with deliveries starting in Dubai.","Expanded U.S. dealer network to seven dealers including Papé Group, a major West Coast commercial dealer group."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206921,"accession_number":"0001829126-24-006389","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-09-20T23:59:59+00:00","items":["3.01","5.03","3.03","7.01","8.01","9.01"],"status":"ready","headline":"Mullen Automotive announces 1-for-100 reverse stock split after Nasdaq delisting notice","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Nasdaq notified Mullen on Sept 16 of non-compliance with $1.00 bid price rule; cumulative reverse splits >250 ratio also trigger delisting.","1-for-100 reverse stock split effective Sept 17, 2024; stock continues trading under MULN with new CUSIP 62526P505.","Company will request a hearing before the Nasdaq Hearings Panel to stay delisting; compliance not guaranteed.","Fractional shares rounded up; outstanding warrants and convertible securities adjusted proportionally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206920,"accession_number":"0001829126-24-006279","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-09-13T23:59:59+00:00","items":["3.02","5.02","5.07","8.01","9.01"],"status":"ready","headline":"Mullen Automotive stockholders approve reverse stock split and equity plan amendment; issues 4.69M shares to Esousa","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved reverse stock split at ratio between 1:2 and 1:100 as determined by Board; 27.9M for, 10.1M against.","Stockholders approved amendment to 2022 Equity Incentive Plan to increase authorized shares by 11 million; 24.7M for, 4.9M against.","Company issued 4,691,050 common shares to Esousa Holdings LLC as commitment shares under Purchase Agreement dated May 21, 2024.","As of September 13, 2024, outstanding common shares total 179,424,508.","Special Meeting quorum established with 68,472,222 votes present; adjournment proposal not needed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206919,"accession_number":"0001829126-24-006032","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-08-30T23:59:59+00:00","items":["3.02","8.01"],"status":"ready","headline":"Mullen Automotive issues 13.8M commitment shares and 3.7M settlement shares; total shares outstanding 158.9M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 13,816,105 common shares to Esousa Holdings LLC as Commitment Shares under Purchase Agreement dated May 21, 2024.","Issued 3,714,515 common shares to Silverback Capital Corporation under court-approved settlement agreement dated May 13, 2024.","Total common shares outstanding as of Aug 29, 2024: 158,909,504.","Both issuances exempt from registration under Securities Act (Sections 4(a)(2) and 3(a)(10))."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206918,"accession_number":"0001829126-24-005824","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-08-26T23:59:59+00:00","items":["1.01","7.01","2.02","9.01"],"status":"ready","headline":"Mullen Automotive signs $210M agreement with Volt Mobility for 3,000 EVs in UAE region","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Purchase agreement for $210M over 16 months; Mullen to receive initial $3M deposit within 60 days.","Volt Mobility commits to 3,000 Class 1 and Class 3 EV cargo vans/trucks for exclusive UAE distribution.","First vehicles ship immediately; assembled at Mullen's Tunica, MS facility capable of 20K Class 1 annually.","Volt leases to corporate clients including UPS, DHL, FedEx in GCC region (Bahrain, Kuwait, Oman, Qatar, Saudi, UAE).","Agreement term of 16 months, auto-renewing 12 months; service center to be set up in UAE."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206917,"accession_number":"0001437749-24-026085","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-08-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mullen reports net loss of $289.9M for 9 months; cash drops to $4M from $155.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss attributable to common shareholders $289.9M ($37.92/share) for 9 months ended June 30, 2024, vs $792.7M ($5,544.35/share) prior year.","Cash and equivalents fell to $4.0M from $155.7M; working capital turned negative $59.0M.","Revenue deferred: 377 vehicles invoiced at $16.8M but revenue only $98,570 due to deferral until dealer sale.","Non-cash impairment charges of $105.5M recorded in prior quarter; total assets $192M, stockholders' equity $53M.","Subsequent to quarter-end, $39.5M in convertible notes sold for $37.5M cash; $250M total financing committed."],"consensus_eps_estimate":null,"consensus_eps_actual":-37.92,"consensus_revenue_estimate":null,"consensus_revenue_actual":98570.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206916,"accession_number":"0001829126-24-005221","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mullen reports $191.4M total assets; cash exceeds market cap; secures $250M financing","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Total assets expected ~$191.4M as of June 30, 2024; cash on hand exceeds current market cap.","Secured $250M in financing: $50M received, $50M one-year right, $150M equity line of credit.","Distribution network expanded to 6 dealers; Bollinger Motors has orders for over 200 B4 EV trucks.","Solid-state polymer pack certification and production expected in H2 2025.","All federal/state regulatory requirements achieved for Class 1 and 3 EVs; manufacturing active."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206915,"accession_number":"0001829126-24-005151","cik":1499961,"company_name":"BOLLINGER INNOVATIONS, INC.","ticker":"BINI","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Mullen Automotive to acquire ~33.37% of Bollinger Motors for $36.1M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Agreement covers up to 467,869 shares at an aggregate purchase price of ~$36.1M, representing 33.37% on a fully-diluted basis.","At closing, $2.6M paid and 33,048 shares issued; remaining ~$33.6M subject to financing condition and installment payments by February 2025.","Separately, Mullen has a right to purchase up to 439,347 additional shares at $77.16/share within an 18-month period.","Also, for 36 months, Mullen can match up to 100% of any third-party financing at 75% of the offered price.","Proceeds will be used for capital expenditure, working capital, and general corporate purposes; certain expenditures require Board approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1431676.3375000001,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2024-08-01T23:59:59+00:00|206915"}