Mullen delays $45M Series D preferred stock issuance from May 15 to June 12, 2023

BOLLINGER INNOVATIONS, INC.

Letter Agreement with buyers delays issuance of Series D Preferred Stock and warrants.
Remaining $45 million commitment under existing Securities Purchase Agreement now due June 12.
No changes to other terms of the Securities Purchase Agreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BOLLINGER INNOVATIONS, INC. entered into Letter Agreement with certain buyers valued at $45 million (effective 2023-05-15).

Action: entry
Agreement: equity purchase
Counterparty: certain buyers
Value: $45 million
Effective: 2023-05-15

Exact text from the filing

Pursuant to the Letter Agreement, the Company and each of the buyers that are parties to the Securities Purchase Agreement agreed to delay the issuance of Series D Preferred Stock and warrants issuable upon receipt of the remaining $45 million of the commitment amount under the Securities Purchase Agreement from May 15, 2023 to June 12, 2023

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23 material agreements filed in the last 30 days. Browse all material agreements →

BOLLINGER INNOVATIONS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-062687

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