8-K/A
filed December 21, 2023, 6:59 PM ET
ticker BINI
CIK 0001499961
other material
confidence high
sentiment neutral
materiality 0.30
Mullen Automotive corrects quorum vote count for 1-for-100 reverse stock split; effective Dec 21
BOLLINGER INNOVATIONS, INC.
- Special Meeting approved 1-for-100 reverse stock split of common stock; effective Dec 21, 2023.
- Corrected quorum vote count: 245,676,219 votes present at reconvened meeting on Dec 18, 2023.
- Reverse split intended to help regain Nasdaq $1.00 minimum bid price compliance.
- No fractional shares issued; partial shares rounded up.
- Stock continues trading under symbol MULN; new CUSIP 62526P 406.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
BOLLINGER INNOVATIONS, INC.: Filed Certificate of Amendment to effect a 1-for-100 reverse stock split of common stock (effective 2023-12-21).
- Change
- charter amendment
- Effective
- 2023-12-21
Exact text from the filing
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-one hundred (1-for-100) reverse stock split (the “ Reverse Stock Split ”) of its Common Stock.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BOLLINGER INNOVATIONS, INC. shareholders approved Approval of the amendment of the Company’s Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s outstanding Common Stock at an exchange ratio between 1-for-2 to 1-for-100, as determined by the Board at the 2023-12-15 meeting.
- Proposal
- reverse split
- Outcome
- passed
- Meeting
- 2023-12-15
Exact text from the filing
Proposal No. 1: Approval of the amendment of the Company’s Second Amended and Restated Certificate of Incorporation, as amended, to effect a reverse stock split of the Company’s outstanding Common Stock at an exchange ratio between 1-for-2 to 1-for-100, as determined by the Board, which the Company expects that the primary focus of the Board in determining whether or not to effectuate the Reverse Stock Split will be the ability to obtain and maintain a continued price of at least $1.00 per share of its Common Stock on The Nasdaq Capital Market without effecting the Reverse Stock Split. Votes For Votes Against Abstentions Broker Non-Votes 129,275,991 115,113,756 1,286,472 N/A
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
BOLLINGER INNOVATIONS, INC. shareholders approved Approval of the adjournment of the Special Meeting from time to time, to a later date or dates, if necessary or appropriate, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing proposal, in the event the Company does not receive the requi at the 2023-12-15 meeting.
- Outcome
- passed
- Meeting
- 2023-12-15
Exact text from the filing
Proposal No. 2: Approval of the adjournment of the Special Meeting from time to time, to a later date or dates, if necessary or appropriate, under certain circumstances, including for the purpose of soliciting additional proxies in favor of the foregoing proposal, in the event the Company does not receive the requisite stockholder vote to approve such proposal or establish a quorum. Votes For Votes Against Abstentions Broker Non-Votes 107,012,078 94,019,397 3,041,019 N/A
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.