secwatch.observer — SEC 8-K summary
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Issuer:     BOLLINGER INNOVATIONS, INC. (BINI)
CIK:        0001499961
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001104659-23-029072
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mullen Automotive amends settlement with Acuitas; fixes $20M Series D purchase for June 1, 2023
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- Amendment fixes exercise date of Settlement Additional Purchase Right to June 1, 2023.
- Acuitas will purchase $20M of Series D Preferred Stock and warrants on that date.
- Warrants exercisable for 185% of common shares at May 31, 2023 closing price.
- Acuitas to issue a promissory note to Mullen, due upon registration of resale shares.
- No other terms of the January 13, 2023 Settlement Agreement were changed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499961/000110465923029072/0001104659-23-029072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499961/000110465923029072/tm238457d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-029072

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