BINI BOLLINGER INNOVATIONS, INC.

CIK 0001499961 50 ready 8-Ks latest November 26, 2025, 6:59 PM ET RSS · JSON

Activity: QUIET 0 filings / 30d vs 1 baseline

Ready 8-Ks 50

Latest filing November 26, 2025, 6:59 PM ET

Top materiality 0.90

Event mix other_material ×25 · debt ×10 · earnings ×6

Sentiment 9 pos · 22 neg · 19 neu

Latest earnings reported 2024-Q3

Recent 8-K filings for BINI

Highest-materiality recent filing

Bollinger Innovations raises $4.1M via convertible notes with 15% interest; effects 1-for-250 reverse split

September 23, 2025, 7:59 PM ET other material materiality 0.90 negative item 1.01 item 5.03 item 2.03 item 3.02 item 3.03 item 7.01 item 8.01 item 9.01 ◈ Debt Financings ×3◈ Governance Changes

Entered securities purchase agreement for $4.1M convertible notes with 15% interest, 5% OID, 4-month maturity; includes 5-year warrants.
Notes convertible at lower of fixed price or 95% of VWAP; anti-dilution adjustments; stockholder approval required if conversion exceeds 19.9% of outstanding.

Read filing →

November 26, 2025, 6:59 PM ET other material materiality 0.70 negative item 2.05 item 8.01 ◈ Restructurings & Charges

Bollinger Innovations begins workforce reduction, Troy office closure, ends factory warranty support

Management initiated cost-reduction plan on Nov 21, 2025: reduced workforce, closing Troy, MI office, consolidating staff to Oak Park facility.
October 10, 2025, 7:59 PM ET regulatory materiality 0.85 negative item 3.01 item 5.03 item 7.01 item 9.01 ◈ Listing & Compliance Notices ×2◈ Governance Changes

Bollinger Innovations to be delisted from Nasdaq on Oct 13, moves to OTC Markets

Nasdaq to suspend trading Oct 13, 2025 after failure to regain compliance with $35M MVLS minimum.
September 23, 2025, 7:59 PM ET other material materiality 0.90 negative item 1.01 item 5.03 item 2.03 item 3.02 item 3.03 item 7.01 item 8.01 item 9.01 ◈ Debt Financings ×3◈ Governance Changes

Bollinger Innovations raises $4.1M via convertible notes with 15% interest; effects 1-for-250 reverse split

Entered securities purchase agreement for $4.1M convertible notes with 15% interest, 5% OID, 4-month maturity; includes 5-year warrants.
September 16, 2025, 7:59 PM ET other material materiality 0.80 negative item 5.07 item 8.01

Bollinger shareholders approve reverse split 1:2-1:250; share count surges to 108M from 21.8M

Proposal 1 passed with 7.7M for, 0.41M against; board to set exact ratio.
September 3, 2025, 7:59 PM ET other material materiality 0.60 neutral item 7.01 item 9.01

Bollinger Innovations cuts costs: additional staff cuts, facility closures, G&A/R&D down to $18.6M/quarter (61% drop)

Additional staff reductions and closure of facilities in Irvine, CA, Monrovia, CA, and Mishawaka, IN.
August 29, 2025, 7:59 PM ET regulatory materiality 0.85 negative item 3.01 item 8.01 ◈ Listing & Compliance Notices

Bollinger Innovations receives Nasdaq delisting notice for failure to meet $35M MVLS minimum

Nasdaq notified company on Aug 26, 2025 that it failed to regain compliance with $35M MVLS minimum within 180-day cure period.
August 14, 2025, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Bollinger Innovations posts $291.8M net loss; cash burn cut 53.7% YoY to $73.6M

Net loss after preferred dividends: $291.8M for 9 months (vs $289.9M prior year).
August 5, 2025, 7:59 PM ET other material materiality 0.65 negative item 3.03 item 5.03 item 7.01 item 8.01 item 9.01 ◈ Governance Changes

Bollinger Innovations announces 1-for-250 reverse stock split to regain Nasdaq compliance

Effective Aug 4, 2025, 1-for-250 reverse stock split reduces shares from ~423.5M to ~1.7M.
July 31, 2025, 7:59 PM ET debt materiality 0.90 positive item 1.01 item 5.03 item 1.02 item 3.02 item 7.01 item 9.01 ◈ Governance Changes

Bollinger Innovations eliminates $25.3M convertible notes and all warrants via exchange

Exchanged $25.5M in principal and accrued interest for 25,521 Series F Preferred shares.
July 23, 2025, 7:59 PM ET other material materiality 0.75 negative item 5.02 item 5.07 item 8.01 item 9.01

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

Stockholders approved reverse split ratio between 1:2 and 1:250; as of July 22, 2025, 237,651,918 shares outstanding.
June 16, 2025, 7:59 PM ET other material materiality 0.65 neutral item 2.01 item 7.01 item 9.01 ◈ M&A Transactions

Mullen completes transfer of Mishawaka facility to GEM in settlement

Transferred full ownership of Mishawaka, Indiana manufacturing facility to GEM Yield Bahamas and GEM Global Yield.
June 12, 2025, 7:59 PM ET other material materiality 0.70 neutral item 2.01 item 7.01 item 9.01 ◈ M&A Transactions

Mullen transfers Mishawaka plant to GEM, settling all legal disputes

On June 5, 2025, Mullen transferred full ownership of its Mishawaka, IN manufacturing facility to GEM as part of a settlement.
June 4, 2025, 7:59 PM ET debt materiality 0.70 neutral item 1.01 item 2.03 item 3.02 item 9.01 ◈ Debt Financings ×2

Mullen Automotive raises $14.4M via secured convertible notes with 15% interest and warrants

Issued $11.6M and $2.8M in 5% OID secured convertible notes, net proceeds ~$13.66M.
June 2, 2025, 7:59 PM ET M&A materiality 0.80 positive item 1.01 item 1.02 item 7.01 item 9.01

Mullen acquires additional 21% of Bollinger Motors for $11M settlement, now owns 95%

Mullen pays $11M to settle lawsuit and acquire all of Robert Bollinger's shares, increasing ownership from 74% to 95%.
June 2, 2025, 7:59 PM ET other material materiality 0.60 negative item 3.03 item 5.03 item 7.01 item 8.01 item 9.01 ◈ Governance Changes

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

Reverse stock split at 1-for-100 ratio, effective June 2, 2025 at 12:01 a.m. ET.
May 22, 2025, 7:59 PM ET debt materiality 0.80 negative item 1.01 item 2.03 item 3.02 item 5.02 item 5.07 item 8.01 item 9.01

Mullen raises $1.6M via convertible notes; shareholders approve reverse split and equity plan increase

Secured $1.6M principal via 5% OID notes (15% interest, 4-month maturity) convertible at lower of $0.15 or 95% of VWAP (floor $0.03); warrants for 21M shares.
May 20, 2025, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 9.01

Mullen Q2 rev $5M, net loss $47M; Bollinger Motors in receivership

Q2 2025 revenue $5.0M vs $33K YoY; net loss attributable to common $47.1M vs $132.5M.
March 14, 2025, 7:59 PM ET other material materiality 0.60 neutral item 5.02 item 5.07 item 9.01

Mullen shareholders approve 20M share increase to 2022 plan and CEO award amendments

Stockholders approved a 20M share increase to the 2022 Equity Incentive Plan and a 10% annual automatic increase.
March 7, 2025, 6:59 PM ET debt materiality 0.75 negative item 1.01 item 2.03 item 3.02 item 8.01 item 9.01

Mullen Automotive raises $4.0M in convertible notes and warrants; shares outstanding disclosed

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.
February 28, 2025, 6:59 PM ET regulatory materiality 0.85 negative item 3.01

Nasdaq warns Mullen Automotive of delisting due to MVLS below $35M threshold

Received Nasdaq notice on 2/25/2025 that MVLS < $35M for 30 consecutive business days.
February 19, 2025, 6:59 PM ET earnings materiality 0.75 negative item 2.02 item 9.01

Mullen Q1 net loss $114.9M; cash burn slashed 58%, but cash drops to $2.7M

Net loss attributable to common shareholders of $114.9M ($661.33 loss per share) vs $61.4M loss year ago.
February 18, 2025, 6:59 PM ET other material materiality 0.60 neutral item 3.03 item 5.03 item 7.01 item 8.01 item 9.01

Mullen Automotive announces 1-for-60 reverse stock split effective Feb. 18, 2025 to meet Nasdaq bid price rule

Reverse stock split at 1-for-60 ratio, effective Feb. 18, 2025; shares begin trading on split-adjusted basis that day.
February 11, 2025, 6:59 PM ET debt materiality 0.70 negative item 1.01 item 2.03 item 3.02 item 3.03 item 9.01

Mullen Automotive raises $3.1M via convertible notes with warrants; exchanges existing warrants

Issued $3.1M secured convertible notes (5% OID) to investors; notes bear 15% interest, mature 4 months, convertible at floor $0.05/share.
February 6, 2025, 6:59 PM ET other materiality 0.65 neutral item 5.07 item 8.01

Mullen Automotive stockholders approve reverse stock split; outstanding shares rise to 61.8M

Approved reverse stock split of common stock at ratio between 1-for-2 and 1-for-100, as determined by board.
January 27, 2025, 6:59 PM ET debt materiality 0.70 neutral item 1.01 item 2.03 item 3.02 item 9.01

Mullen Automotive raises $6.3M via convertible notes and warrants; conversion floor $0.08

$6.3M principal of 5% OID secured notes sold; mature in 4 months, bear 15% interest.
January 27, 2025, 6:59 PM ET regulatory materiality 0.65 positive item 8.01

Mullen regains Nasdaq compliance after filing late 10-K

Received Nasdaq notice on Jan 27 confirming compliance with Rule 5250(c)(1).
January 24, 2025, 6:59 PM ET earnings materiality 0.90 negative item 2.02 item 9.01

Mullen posts FY2024 net loss of $471M; going concern warning as cash drops to $10.7M

Net loss attributable to common shareholders $471.0M ($1,425.61 EPS) vs $964.9M in FY2023.
January 22, 2025, 6:59 PM ET regulatory materiality 0.75 negative item 3.01 item 7.01 item 9.01

Mullen receives Nasdaq delisting notice for late annual report; expects to file by Jan 31

Received Nasdaq notice on Jan 15, 2025 for failure to file FY2024 10-K per Listing Rule 5250(c)(1).
January 2, 2025, 6:59 PM ET debt materiality 0.75 negative item 1.01 item 2.03 item 3.02 item 8.01

Mullen issues $9.5M in convertible notes and warrants under existing SPA; settles derivative lawsuit

On Dec 31, 2024, issued additional $5.3M principal of 5% OID Senior Secured Convertible Notes and 19,171 warrants to an investor.
December 9, 2024, 6:59 PM ET other material materiality 0.65 neutral item 1.01 item 2.03 item 2.04 item 3.02

Mullen settles $20.6M in convertible notes via court-approved stock issuance

Court approved settlement of $20,623,013 in outstanding convertible notes on Dec 6, 2024.
October 28, 2024, 7:59 PM ET debt materiality 0.65 positive item 1.01 item 2.03 item 7.01 item 9.01

Bollinger Motors gets $10M debt financing from founder Robert Bollinger

Bollinger Motors issued $10M secured promissory note to Robert Bollinger, amending $5M note from Oct 22, 2024.
October 25, 2024, 7:59 PM ET other material materiality 0.70 neutral item 3.02

Mullen Automotive issues 340k shares to settle $4.5M in secured notes for $3M

Issued 340,000 shares of common stock to settle ~$4.5M secured promissory notes for a $3.0M settlement amount.
October 7, 2024, 7:59 PM ET other material materiality 0.80 positive item 7.01 item 9.01

Mullen forecasts $75M GAAP revenue over 6 months, cuts monthly spend by $5.5M

Expects $75M in GAAP revenue over next 6 months from sales pipeline and pilot programs.
October 2, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 2.03 item 3.02 item 9.01

Mullen expects $4.5M revenue (+6791% QoQ); cash burn down to $12.7M/month

Preliminary Q4 FY2024 revenue ~$4.5M vs $65k prior quarter (+6791% QoQ).
October 1, 2024, 7:59 PM ET debt materiality 0.60 neutral item 2.03 item 3.02

Mullen Automotive issues $12.5M in convertible notes; investors also receive warrants

Investors partially exercise additional investment right from May 2024 SPA, purchasing $12.5M aggregate principal of 5% OID senior secured notes.
September 24, 2024, 7:59 PM ET other material materiality 0.70 positive item 7.01 item 9.01

Mullen Automotive CEO provides shareholder update detailing sales expansion, Bollinger production, and $250M financing

Over 80 vehicle demos across U.S. with universities (Princeton, UCLA), municipalities (Los Angeles, Seattle), and corporations (Sky Chef, AAA, Enterprise).
September 20, 2024, 7:59 PM ET other material materiality 0.70 negative item 3.01 item 5.03 item 3.03 item 7.01 item 8.01 item 9.01

Mullen Automotive announces 1-for-100 reverse stock split after Nasdaq delisting notice

Nasdaq notified Mullen on Sept 16 of non-compliance with $1.00 bid price rule; cumulative reverse splits >250 ratio also trigger delisting.
September 13, 2024, 7:59 PM ET other material materiality 0.60 neutral item 3.02 item 5.02 item 5.07 item 8.01 item 9.01

Mullen Automotive stockholders approve reverse stock split and equity plan amendment; issues 4.69M shares to Esousa

Stockholders approved reverse stock split at ratio between 1:2 and 1:100 as determined by Board; 27.9M for, 10.1M against.
August 30, 2024, 7:59 PM ET other material materiality 0.75 negative item 3.02 item 8.01

Mullen Automotive issues 13.8M commitment shares and 3.7M settlement shares; total shares outstanding 158.9M

Issued 13,816,105 common shares to Esousa Holdings LLC as Commitment Shares under Purchase Agreement dated May 21, 2024.
August 26, 2024, 7:59 PM ET other material materiality 0.85 positive item 1.01 item 7.01 item 2.02 item 9.01

Mullen Automotive signs $210M agreement with Volt Mobility for 3,000 EVs in UAE region

Purchase agreement for $210M over 16 months; Mullen to receive initial $3M deposit within 60 days.
August 12, 2024, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 9.01

Mullen reports net loss of $289.9M for 9 months; cash drops to $4M from $155.7M

Net loss attributable to common shareholders $289.9M ($37.92/share) for 9 months ended June 30, 2024, vs $792.7M ($5,544.35/share) prior year.
August 6, 2024, 7:59 PM ET other material materiality 0.75 positive item 2.02 item 9.01

Mullen reports $191.4M total assets; cash exceeds market cap; secures $250M financing

Total assets expected ~$191.4M as of June 30, 2024; cash on hand exceeds current market cap.
August 1, 2024, 7:59 PM ET M&A materiality 0.75 neutral item 1.01 item 9.01

Mullen Automotive to acquire ~33.37% of Bollinger Motors for $36.1M

Agreement covers up to 467,869 shares at an aggregate purchase price of ~$36.1M, representing 33.37% on a fully-diluted basis.

Earnings & guidance

2024-Q3 EPS reported -$37.92 filing →

Materiality & sentiment trend

Max materiality 0.90 · Median 0.70 · Most common event other_material

9 positive 22 negative 19 neutral

source · BINI on sec.gov