secwatch.observer — SEC 8-K summary
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Issuer:     BOLLINGER INNOVATIONS, INC. (BINI)
CIK:        0001499961
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001829126-25-001069
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mullen Automotive announces 1-for-60 reverse stock split effective Feb. 18, 2025 to meet Nasdaq bid price rule
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- Reverse stock split at 1-for-60 ratio, effective Feb. 18, 2025; shares begin trading on split-adjusted basis that day.
- Split aims to bring common stock above Nasdaq's $1.00 minimum bid price requirement; no guarantee of compliance.
- Stockholders approved reverse split (1-for-2 to 1-for-100 range) at Jan. 31, 2025 special meeting; board selected 1-for-60.
- No fractional shares issued; fractional shares rounded up to whole share. Warrants, notes, and preferred stock adjusted proportionally.
- CUSIP changes to 62526P604; ticker remains MULN; authorized shares and par value unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499961/000182912625001069/0001829126-25-001069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499961/000182912625001069/mullenautomotive_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-001069

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