Mullen Automotive CEO provides shareholder update detailing sales expansion, Bollinger production, and $250M financing

BOLLINGER INNOVATIONS, INC.

Over 80 vehicle demos across U.S. with universities (Princeton, UCLA), municipalities (Los Angeles, Seattle), and corporations (Sky Chef, AAA, Enterprise).
Bollinger Motors began production of first customer-ready B4 electric trucks on Sept. 20, 2024, with Roush Industries in Michigan.
Company secured $100M preferred instrument and $150M fully available equity line to support sales growth.
International expansion includes Volt Mobility order for 300 vehicles in 2024 and 3,000 in 2025, with deliveries starting in Dubai.
Expanded U.S. dealer network to seven dealers including Papé Group, a major West Coast commercial dealer group.

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