secwatch.observer — SEC 8-K summary
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Issuer:     BOLLINGER INNOVATIONS, INC. (BINI)
CIK:        0001499961
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0001829126-25-004146
Event type: other_material
Sentiment:  negative
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-100 reverse stock split effective June 2, 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1499961/000182912625004146/0001829126-25-004146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1499961/000182912625004146/mullenautomotive_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-25-004146

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer