Mullen Automotive announces 1-for-100 reverse stock split effective June 2, 2025

BOLLINGER INNOVATIONS, INC.

Reverse stock split at 1-for-100 ratio, effective June 2, 2025 at 12:01 a.m. ET.
Outstanding shares reduced from ~80 million to ~800 thousand.
Split intended to meet Nasdaq $1.00 minimum bid price; no guarantee of compliance.
No fractional shares issued; all fractions rounded up to next whole share.
Common stock continues trading on Nasdaq under MULN with new CUSIP 62526P802.

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Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BOLLINGER INNOVATIONS, INC.: Certificate of Amendment to effect a 1-for-100 reverse stock split of common stock (effective 2025-06-02).

Change: charter amendment
Effective: 2025-06-02

Exact text from the filing

On May 30, 2025, Mullen Automotive Inc. (the “ Company ”) filed a Certificate of Amendment (the “ Amendment ”) to its Second Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a one-for-one hundred (1-for-100) reverse stock split (the “ Reverse Stock Split ”) of its common stock, par value $0.001 per share (the “ Common Stock ”).

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BOLLINGER INNOVATIONS, INC. filing history →

Source: SEC EDGAR

accession 0001829126-25-004146

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