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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