---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-011783"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T09:59:20.241890+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mullen terminates joint venture agreement with EVT citing multiple breaches

## Summary
- Terminated April 17, 2023 agreement to form Mullen Advanced Energy Operations (MAEO) for battery-life extension technology.
- EVT allegedly failed to execute exclusive license, refused testing at Mullen-approved facility, and violated non-disclosure agreement.
- EVT also failed to disclose third-party claims or legal actions related to the technology.
- Termination effective July 10, 2023; Mullen cites numerous attempts to gain EVT compliance.

## SEC filing metadata
- accession: 0001558370-23-011783
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000155837023011783/0001558370-23-011783-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000155837023011783/muln-20230710x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-011783
- JSON: https://secwatch.observer/filing/0001558370-23-011783.json
- Plain text: https://secwatch.observer/filing/0001558370-23-011783.txt

## Key facts
- Material Agreements
  BOLLINGER INNOVATIONS, INC. terminated a collaboration with Lawrence Hardge, Global EV Technology, Inc. and EV Technology, LLC (collectively, "EVT") (effective 2023-07-10).
  - Action: termination
  - Agreement: collaboration
  - Counterparty: Lawrence Hardge, Global EV Technology, Inc. and EV Technology, LLC (collectively, "EVT")
  - Effective: 2023-07-10
  source text: On July 10, 2023, Mullen Automotive Inc. (the “Company” or “Mullen”), issued a termination notice to Lawrence Hardge and the following entities Global EV Technology, Inc. and EV Technology, LLC (collectively, “EVT”) terminating the Agreement dated April 17, 2023 between the Company and EVT.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1499961/000155837023011783/0001558370-23-011783-index.htm

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