{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-005913","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2023-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.274537+00:00","generated_at":"2026-06-20T11:42:55.985632+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Mullen shareholders approve reverse stock split (1:2 to 1:25) and $150M convertible note issuance","bullets":["Reverse stock split approved; board may set ratio from 1:2 to 1:25 before Dec 1, 2023.","Series AA preferred stock automatically redeemed upon approval; 1.3B votes cast proportionally.","Proposal 4 approved: issuance of up to $150M in convertible notes and up to $190M in Series D preferred.","Special meeting partially adjourned to Jan 25 for Proposal 2 (authorized share increase) vote."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-005913","json":"https://secwatch.observer/filing/0001104659-23-005913.json","markdown":"https://secwatch.observer/filing/0001104659-23-005913.md","text":"https://secwatch.observer/filing/0001104659-23-005913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923005913/0001104659-23-005913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923005913/tm234238d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:42:55.985632+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":"6a5b2eadee69c200aa0283dab1b16f6ceeb3e108","claim":"BOLLINGER INNOVATIONS, INC. shareholders approved To approve, for purposes of complying with Nasdaq Listing Rule 5635(d), amendments to a securities purchase agreement to provide for the issuance of $150 million in notes and up to $190 million in additional shares of Series D Preferred Stock, each convertible into shares of Common Stock and warrant at the 2023-01-19 meeting.","evidence_excerpt":"The proposal was approved by a vote of stockholders as follows: Votes For Votes Against Abstentions Broker Non-Votes 476,738,003 144,565,735 68,470,133 422,918,811","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923005913/0001104659-23-005913-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-01-19"}],"fact_type":"shareholder_vote"},{"claim_id":"6fb220e926681f44609a1e96827e169855f51b73","claim":"BOLLINGER INNOVATIONS, INC. shareholders approved An amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect a reverse stock split of our outstanding shares of common stock in an amount not less than 1-for-2 shares and not to exceed 1-for-25 shares at the 2023-01-19 meeting.","evidence_excerpt":"Excluding the vote of the Series AA preferred stock from the stock entitled to vote on the Reverse Stock Split Proposal, the proposal was approved by a vote of stockholders as follows: Votes For Votes Against Abstentions Broker Non-Votes 848,328,114 249,157,027 15,207,541 0","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923005913/0001104659-23-005913-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"reverse split"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-01-19"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}