Mullen Automotive Stockholders Approve Adjournment Proposal to Allow More Time for Key Proposals
BOLLINGER INNOVATIONS, INC.
- On December 23, 2022, Mullen Automotive held a Special Meeting where Proposal 5 (adjournment) was approved with 654.8 million votes for, 173.6 million against, and 16.7 million abstentions.
- The adjournment allows additional time for stockholders to vote on Proposals 1 (Reverse Stock Split), 2 (Authorized Share Increase), and 4 (Nasdaq Listing Rule 5635(d)).
- The reconvened Special Meeting is scheduled for January 19, 2023 at 11:00 a.m. Pacific Time via live audiocast.
- The record date for the meeting was November 21, 2022, with over 1.66 billion shares of common stock and various preferred shares entitled to vote.