Mullen receives Nasdaq delisting notice for late annual report; expects to file by Jan 31

BOLLINGER INNOVATIONS, INC.

Received Nasdaq notice on Jan 15, 2025 for failure to file FY2024 10-K per Listing Rule 5250(c)(1).
No immediate effect on listing or trading, but failure to regain compliance could lead to delisting.
Company has 60 days to file 10-K or submit a compliance plan; expects to file by Jan 31, 2025.
If plan accepted, Nasdaq may grant up to 180 days from due date to regain compliance.
Management states it will work diligently to complete and file the 10-K as soon as practicable.

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