---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089986"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:14:53.042079+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mullen Automotive 1-for-9 reverse stock split effective Aug 11; up to $25M buyback

## Summary
- 1-for-9 reverse stock split effective Aug 11, 2023; new CUSIP 62526P307.
- Up to $25M stock buyback program after 10-Q filing and blackout expiration.
- Shareholders approved reverse split range 1:2 to 1:100; board set 1:9.
- Split aims to meet Nasdaq $1.00 minimum bid price listing requirement.
- No fractional shares; all fractional shares rounded up to whole share.

## SEC filing metadata
- accession: 0001104659-23-089986
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000110465923089986/0001104659-23-089986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000110465923089986/tm2323403d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089986
- JSON: https://secwatch.observer/filing/0001104659-23-089986.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089986.txt

## Key facts
- Governance Changes
  BOLLINGER INNOVATIONS, INC.: The Company filed a Certificate of Amendment to effect a one-for-nine reverse stock split of its common stock (effective 2023-08-11).
  - Change: charter amendment
  - Effective: 2023-08-11
  source text: On August 10, 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-nine (1-for-9) reverse stock split (the “ Reverse Stock Split ”) of its common stock, par value $0.001 (the “ Common Stock ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000110465923089986/0001104659-23-089986-index.htm

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