---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-006580"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:17:52.985686+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mullen Automotive issues $12.5M in convertible notes; investors also receive warrants

## Summary
- Investors partially exercise additional investment right from May 2024 SPA, purchasing $12.5M aggregate principal of 5% OID senior secured notes.
- Notes convertible into common stock; issuance excludes 5% original issue discount, net proceeds ~$11.9M.
- Investors also receive five-year cash or cashless warrants for 46,664 shares of common stock.
- Terms of Notes and Warrants identical to those previously described in Form 10-Q filed May 14, 2024.

## SEC filing metadata
- accession: 0001829126-24-006580
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000182912624006580/0001829126-24-006580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000182912624006580/mullenautomotive_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-006580
- JSON: https://secwatch.observer/filing/0001829126-24-006580.json
- Plain text: https://secwatch.observer/filing/0001829126-24-006580.txt

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