--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-21-138173" form_type: "8-K" ticker: "BINI" cik: "0001499961" company_name: "BOLLINGER INNOVATIONS, INC." filed_at: "2021-11-12T23:59:59+00:00" generated_at: "2026-06-28T09:08:05.419289+00:00" event_type: "other_material" sentiment: "negative" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # Mullen Automotive completes reverse merger with Net Element; ticker changes to MULN ## Summary - Merger closed Nov 5, 2021: Net Element acquired Mullen Automotive-California in reverse merger; company renamed Mullen Automotive Inc. - Issued 15.6M common shares, 1.5M Series A, 5.6M Series B, and 5.0M Series C preferred shares to Mullen Technologies holders. - New board appointed: David Michery (CEO), Kerri Sadler (CFO), Jerry Alban (COO), Mary Winter (Secretary); prior directors and officers resigned. - Name changed to Mullen Automotive Inc.; Nasdaq ticker changed from NETE to MULN; fiscal year changed to Sep 30. - Carve-out financials show net loss of $30.2M for fiscal 2020; going concern uncertainty noted due to negative equity and operating losses. ## SEC filing metadata - accession: 0001104659-21-138173 - form_type: 8-K - ticker: BINI - cik: 0001499961 - company_name: BOLLINGER INNOVATIONS, INC. - filed_at: 2021-11-12T23:59:59+00:00 - event_type: other_material - sentiment: negative - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 2.01, 3.02, 5.02, 5.03, 7.01, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/tm2132610d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-21-138173 - JSON: https://secwatch.observer/filing/0001104659-21-138173.json - Plain text: https://secwatch.observer/filing/0001104659-21-138173.txt ## Key facts - Executive change Mary Winter was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: Mary Winter Class I – 2022 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Todd Raarup resigned as Director at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Director source text: Oleg Firer, John Roland, Jon Najarian, and Todd Raarup each resigned as a director of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Mary Winter was appointed as Secretary at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Secretary source text: Mary Winter Secretary evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change David Michery was appointed as Chief Executive Officer at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Chief Executive Officer source text: David Michery Chief Executive Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Jerry Alban was appointed as Chief Operating Officer at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Chief Operating Officer source text: Jerry Alban Chief Operating Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Jerry Alban was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: Jerry Alban Class 1- 2022 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Jonathan New was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: Jonathan New Class III - 2024 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Jeffrey Ginsberg resigned as Officer at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Officer source text: Jeffrey Ginsberg, Andrey Krotov, Vlad Sadovskiy, and Steven Wolberg resigned as officers of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change William Miltner was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: William Miltner Class III – 2024 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Jon Najarian resigned as Director at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Director source text: Oleg Firer, John Roland, Jon Najarian, and Todd Raarup each resigned as a director of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Mark Betor was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: Mark Betor Class II – 2023 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Kerri Sadler was appointed as Chief Financial Officer at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Chief Financial Officer source text: Kerri Sadler Chief Financial Officer evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Oleg Firer resigned as Director at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Director source text: Oleg Firer, John Roland, Jon Najarian, and Todd Raarup each resigned as a director of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change John Roland resigned as Director at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Director source text: Oleg Firer, John Roland, Jon Najarian, and Todd Raarup each resigned as a director of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change David Michery was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: David Michery Class I – 2022 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Kent Puckett was appointed as Director at BOLLINGER INNOVATIONS, INC.. - Action: appointed - Role: Director source text: Kent Puckett Class II – 2023 evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Andrey Krotov resigned as Officer at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Officer source text: Jeffrey Ginsberg, Andrey Krotov, Vlad Sadovskiy, and Steven Wolberg resigned as officers of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Vlad Sadovskiy resigned as Officer at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Officer source text: Jeffrey Ginsberg, Andrey Krotov, Vlad Sadovskiy, and Steven Wolberg resigned as officers of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm - Executive change Steven Wolberg resigned as Officer at BOLLINGER INNOVATIONS, INC.. - Action: resigned - Role: Officer source text: Jeffrey Ginsberg, Andrey Krotov, Vlad Sadovskiy, and Steven Wolberg resigned as officers of the Company evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465921138173/0001104659-21-138173-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.