Mullen Automotive stockholders approve reverse stock split; outstanding shares rise to 61.8M

BOLLINGER INNOVATIONS, INC.

Approved reverse stock split of common stock at ratio between 1-for-2 and 1-for-100, as determined by board.
Vote: 20,069,376 for, 4,552,509 against, 141,546 abstain; quorum of 24,763,431 votes present.
As of Jan 31, 2025, outstanding common shares increased to 61,777,360 from 44,527,314 on Jan 7 record date.
Adjournment proposal not presented due to sufficient votes for main proposal.

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