{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-120741","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2022-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.876966+00:00","generated_at":"2026-06-21T14:58:42.190330+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Mullen Automotive secures $150M via convertible notes at 15% interest; $90M commitment remains","bullets":["Received $150M from investors in exchange for convertible notes accruing 15% interest; conversion price floor $0.10 per share.","Investors receive warrants for 185% of converted shares at exercise price equal to conversion price.","Remaining $90M commitment may be drawn in $45M tranches on Jan 24 and Feb 24, 2023, at Company's discretion.","Company must obtain stockholder approval by Dec 23, 2022, to authorize additional shares; special meeting set for that date.","From Apr 1 to Jun 30, 2023, investors have option to purchase additional $100M of Series D Preferred Stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-120741","json":"https://secwatch.observer/filing/0001104659-22-120741.json","markdown":"https://secwatch.observer/filing/0001104659-22-120741.md","text":"https://secwatch.observer/filing/0001104659-22-120741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000110465922120741/0001104659-22-120741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000110465922120741/tm2230328d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T14:58:42.190330+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0088db8f1030292db1f005e4145072069b489c63","claim":"BOLLINGER INNOVATIONS, INC. incurred convertible notes of $150 million.","evidence_excerpt":"On November 15, 2022, the Company issued Notes to the investors in an aggregate principal amount of $150 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499961/000110465922120741/0001104659-22-120741-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$150 million"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"dccbd4c774caa00c74c9be7442dd7b1daa2037be","claim":"BOLLINGER INNOVATIONS, INC. amended Amendment No. 3 with the investors valued at $150 million (effective 2022-11-15).","evidence_excerpt":"On November 15, 2022, Mullen Automotive Inc. (the “Company”) entered into Amendment No. 3 (“Amendment No. 3”) to the existing securities purchase agreement dated as of June 7, 2022 and amended on June 23, 2022 and on September 19, 2022 (the “Securities Purchase Agreement”),","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499961/000110465922120741/0001104659-22-120741-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the investors"},{"label":"Value","value":"$150 million"},{"label":"Effective","value":"2022-11-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}