{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-011161","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2023-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.080776+00:00","generated_at":"2026-06-13T22:34:33.610459+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mullen Automotive stock down 90% since March; cash $135M, book value $2.08","bullets":["Stock down 90% from $3.25 on Mar 31 to $0.32 on Jun 13, 2023.","Cash position $135M ($0.38/share); book value $2.08 per share as of Mar 31, 2023.","Expects Class 3 commercial vehicle production launch in quarter ending Sep 30, 2023.","Received $279M in purchase orders from Randy Marion Automotive Group for Class 1 and Class 3 EVs.","Completed acquisitions: 60% of Bollinger Motors for $148M and ELMS assets for $105M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-011161","json":"https://secwatch.observer/filing/0001558370-23-011161.json","markdown":"https://secwatch.observer/filing/0001558370-23-011161.md","text":"https://secwatch.observer/filing/0001558370-23-011161.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000155837023011161/0001558370-23-011161-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000155837023011161/muln-20230616x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T22:34:33.610459+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ce672e28e5f9dd95e676cada6130d07361e3364d","claim":"BOLLINGER INNOVATIONS, INC. reported financial results for the quarter ended March 31, 2023.","evidence_excerpt":"As per the Company’s last reported financial position on March 31, 2023, we had $86.7 million of cash available to operations and $0.68 of cash value per share. Our book value per share was $2.08 on March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1499961/000155837023011161/0001558370-23-011161-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}