---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-24-007026"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:39:10.422353+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bollinger Motors gets $10M debt financing from founder Robert Bollinger

## Summary
- Bollinger Motors issued $10M secured promissory note to Robert Bollinger, amending $5M note from Oct 22, 2024.
- Note bears 15% interest, matures Oct 30, 2026; initial interest-only payment Nov 29, 2024, then monthly from Jan 2025.
- Proceeds to support production and sale of B4 Class 4 EV truck, which began full-scale production in September 2024.
- Note secured by Bollinger Motors assets excluding inventory and certain IP; includes restrictive covenants on additional debt and asset sales.
- Robert Bollinger's financing is non-dilutive, founder's ongoing commitment to Bollinger Motors brand.

## SEC filing metadata
- accession: 0001829126-24-007026
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000182912624007026/0001829126-24-007026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000182912624007026/mullenautomotive_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-24-007026
- JSON: https://secwatch.observer/filing/0001829126-24-007026.json
- Plain text: https://secwatch.observer/filing/0001829126-24-007026.txt

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