{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-000012","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2025-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.800535+00:00","generated_at":"2026-05-28T18:08:26.170879+00:00","sec_items":["1.01","2.03","3.02","8.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mullen issues $9.5M in convertible notes and warrants under existing SPA; settles derivative lawsuit","bullets":["On Dec 31, 2024, issued additional $5.3M principal of 5% OID Senior Secured Convertible Notes and 19,171 warrants to an investor.","Also entered Additional Investment Rights Agreement allowing up to $5.3M more notes and warrants within one year.","On Dec 26 & 30, 2024, issued $4.2M principal of December Notes and warrants for 8,255,933 shares ($1.12 exercise, $0.86 floor).","Derivative lawsuit settlement: governance enhancements and $500k attorney fees paid by D&O insurers, subject to court approval.","Total additional financing of ~$9.5M in convertible debt and dilutive warrants."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-000012","json":"https://secwatch.observer/filing/0001829126-25-000012.json","markdown":"https://secwatch.observer/filing/0001829126-25-000012.md","text":"https://secwatch.observer/filing/0001829126-25-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625000012/0001829126-25-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625000012/mullenautomotive_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T18:08:26.170879+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}