---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-062687"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:42:24.680365+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-062687
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000110465923062687/0001104659-23-062687-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000110465923062687/tm2316130d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-062687
- JSON: https://secwatch.observer/filing/0001104659-23-062687.json
- Plain text: https://secwatch.observer/filing/0001104659-23-062687.txt

## Key facts
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465923062687/0001104659-23-062687-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.