secwatch.observer — SEC 8-K summary
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Issuer:     BOLLINGER INNOVATIONS, INC. (BINI)
CIK:        0001499961
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001829126-24-008313
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Mullen Automotive issues additional $4.4M in convertible notes and warrants
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- Issued $4.4M principal ($4.6M incl. 5% OID) of 5% Original Issue Discount Senior Secured Convertible Notes, convertible into common stock.
- Investors received five-year warrants to purchase 16,862 shares of common stock at cash exercise.
- Notes mature in four months; same terms as prior notes disclosed in Form 10-Q filed May 14, 2024.
- Additional Investment Rights Agreement allows investors to buy up to $4.6M more notes and warrants within one year (through Dec 12, 2025).
- Securities issued under Section 4(a)(2) exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499961/000182912624008313/0001829126-24-008313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499961/000182912624008313/mullenautomotive_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-008313

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