{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-056549","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.079423+00:00","generated_at":"2026-06-15T16:33:20.430123+00:00","sec_items":["3.03","5.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Mullen Automotive effects 1-for-25 reverse stock split to meet Nasdaq $1 minimum bid price","bullets":["Reverse stock split effective May 4, 2023 at 12:01 a.m. ET; ratio of 1-for-25.","Post-split common stock trades under same symbol MULN with new CUSIP 62526P208.","No fractional shares issued; all fractional shares rounded up to nearest whole share.","Proportional adjustments made to warrants, convertible notes, preferred stock and equity awards.","Split intended to regain compliance with Nasdaq's $1.00 minimum bid price requirement; no guarantee of compliance."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-056549","json":"https://secwatch.observer/filing/0001104659-23-056549.json","markdown":"https://secwatch.observer/filing/0001104659-23-056549.md","text":"https://secwatch.observer/filing/0001104659-23-056549.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923056549/0001104659-23-056549-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923056549/tm2314656d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T16:33:20.430123+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":"86803fe4df3a43b7058c9ac37b6ee43332057626","claim":"BOLLINGER INNOVATIONS, INC.: Effectuated a one-for-twenty-five reverse stock split of common stock via a Certificate of Amendment to the Second Amended and Restated Certificate of Incorporation (effective 2023-05-04).","evidence_excerpt":"On May 3, 2023, Mullen Automotive Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Amendment ”) to its Second Amended and Restated Certificate of Incorporation (as amended to date, the “ Certificate of Incorporation ”) with the Secretary of State of the State of Delaware to effect a one-for-twenty-five (1-for-25) reverse stock split (the “ Reverse Stock Split ”) of its common stock, par value $0.001 (the “ Common Stock ”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499961/000110465923056549/0001104659-23-056549-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-05-04"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}