{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-001573","form_type":"8-K","ticker":"BINI","cik":"0001499961","company_name":"BOLLINGER INNOVATIONS, INC.","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.802739+00:00","generated_at":"2026-05-25T03:34:51.214557+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Mullen Automotive raises $4.0M in convertible notes and warrants; shares outstanding disclosed","bullets":["Entered securities purchase agreement on March 6, 2025 for $4.0M principal of 5% OID secured notes, convertible at floor $0.37, with 15% interest and 4-month maturity.","Issued 5-year warrants for 4,545,456 shares with cashless exercise and anti-dilution adjustments to a $0.01 floor.","Company must seek stockholder approval if conversion or exercise exceeds 19.9% of outstanding shares as of execution date.","Also issued $2.1M in February Notes on Feb 20 and 24, 2025, with conversion floors of $1.03 and $0.65 per share.","As of March 6, 2025, outstanding common shares were 3,673,608."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-001573","json":"https://secwatch.observer/filing/0001829126-25-001573.json","markdown":"https://secwatch.observer/filing/0001829126-25-001573.md","text":"https://secwatch.observer/filing/0001829126-25-001573.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625001573/0001829126-25-001573-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1499961/000182912625001573/mullenautomotive_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T03:34:51.214557+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"}