secwatch.observer — SEC 8-K summary
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Issuer:     BOLLINGER INNOVATIONS, INC. (BINI)
CIK:        0001499961
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001104659-23-056549
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mullen Automotive effects 1-for-25 reverse stock split to meet Nasdaq $1 minimum bid price
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499961/000110465923056549/0001104659-23-056549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499961/000110465923056549/tm2314656d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-056549

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer