---
schema_version: "secwatch.filing_event.v1"
accession: "0001829126-25-005321"
form_type: "8-K"
ticker: "BINI"
cik: "0001499961"
company_name: "BOLLINGER INNOVATIONS, INC."
filed_at: "2025-07-23T23:59:59+00:00"
generated_at: "2026-05-18T03:20:28.722826+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mullen Auto stockholders approve 1:250 reverse split, quarterly share increase, stock issuances

## Summary
- Stockholders approved reverse split ratio between 1:2 and 1:250; as of July 22, 2025, 237,651,918 shares outstanding.
- Approved amendment to 2022 Equity Plan: automatic quarterly share increase up to 10% of fully diluted outstanding starting Oct 1, 2025.
- Approved issuances of shares under $1.6M, $11M, and $2.8M Securities Purchase Agreements (all exceeded 19.99% cap).
- Approved issuance of up to $20M in shares under Section 3(a)(10) and exercise of additional warrants from May 2024 SPA.

## SEC filing metadata
- accession: 0001829126-25-005321
- form_type: 8-K
- ticker: BINI
- cik: 0001499961
- company_name: BOLLINGER INNOVATIONS, INC.
- filed_at: 2025-07-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1499961/000182912625005321/0001829126-25-005321-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1499961/000182912625005321/mullenautomotive_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829126-25-005321
- JSON: https://secwatch.observer/filing/0001829126-25-005321.json
- Plain text: https://secwatch.observer/filing/0001829126-25-005321.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.