Mullen Announces Company Name Change to Bollinger Innovations, Inc. Effective July 28, 2025
Mullen Automotive (NASDAQ: MULN) announced its corporate name change to Bollinger Innovations, Inc., effective July 28, 2025. The company's stock symbol will change from MULN to BINI on the Nasdaq Capital Market at market open on the same date.
The name and symbol changes will not affect the company's CUSIP number, legal structure, or business operations. Shareholders are not required to take any action. CEO David Michery emphasized that this transition represents a strategic move to unify the company's products and brands under one identity focused on serving the commercial vehicle industry.
Mullen Automotive (NASDAQ: MULN) ha annunciato il cambio del nome aziendale in Bollinger Innovations, Inc., a partire dal 28 luglio 2025. Il simbolo azionario passerà da MULN a BINI sul Nasdaq Capital Market all'apertura della borsa nello stesso giorno.
Il cambio di nome e simbolo non influenzerà il numero CUSIP, la struttura legale o le operazioni commerciali dell'azienda. Gli azionisti non devono intraprendere alcuna azione. Il CEO David Michery ha sottolineato che questa trasformazione rappresenta una mossa strategica per unificare i prodotti e i marchi dell'azienda sotto un'unica identità focalizzata sul settore dei veicoli commerciali.
Mullen Automotive (NASDAQ: MULN) anunció el cambio de nombre corporativo a Bollinger Innovations, Inc., efectivo a partir del 28 de julio de 2025. El símbolo bursátil cambiará de MULN a BINI en el Nasdaq Capital Market al inicio de la sesión ese mismo día.
El cambio de nombre y símbolo no afectará el número CUSIP, la estructura legal ni las operaciones comerciales de la empresa. Los accionistas no necesitan realizar ninguna acción. El CEO David Michery destacó que esta transición representa un movimiento estratégico para unificar los productos y marcas de la empresa bajo una única identidad enfocada en el sector de vehículos comerciales.
Mullen Automotive (NASDAQ: MULN)는 2025년 7월 28일부터 회사명을 Bollinger Innovations, Inc.로 변경한다고 발표했습니다. 같은 날 시장 개장 시 나스닥 캐피털 마켓에서 주식 심볼도 MULN에서 BINI로 변경됩니다.
이름과 심볼 변경은 회사의 CUSIP 번호, 법적 구조 또는 사업 운영에 영향을 미치지 않습니다. 주주들은 별도의 조치를 취할 필요가 없습니다. CEO 데이비드 미처리는 이번 전환이 상용차 산업에 집중하는 단일 정체성 아래 회사의 제품과 브랜드를 통합하기 위한 전략적 움직임임을 강조했습니다.
Mullen Automotive (NASDAQ: MULN) a annoncé le changement de son nom d'entreprise en Bollinger Innovations, Inc., effectif à partir du 28 juillet 2025. Le symbole boursier passera de MULN à BINI sur le Nasdaq Capital Market à l'ouverture du marché le même jour.
Le changement de nom et de symbole n'affectera pas le numéro CUSIP, la structure juridique ni les opérations commerciales de la société. Les actionnaires n'ont aucune démarche à effectuer. Le PDG David Michery a souligné que cette transition représente une démarche stratégique visant à unifier les produits et les marques de l'entreprise sous une seule identité axée sur l'industrie des véhicules commerciaux.
Mullen Automotive (NASDAQ: MULN) gab die Änderung des Firmennamens in Bollinger Innovations, Inc. bekannt, die ab dem 28. Juli 2025 wirksam wird. Das Börsensymbol wird am selben Tag bei Markteröffnung an der Nasdaq Capital Market von MULN auf BINI geändert.
Die Änderungen des Namens und Symbols wirken sich nicht auf die CUSIP-Nummer, die Rechtsstruktur oder die Geschäftstätigkeiten des Unternehmens aus. Aktionäre müssen keine Maßnahmen ergreifen. CEO David Michery betonte, dass dieser Schritt eine strategische Maßnahme ist, um die Produkte und Marken des Unternehmens unter einer einheitlichen Identität zu vereinen, die sich auf die Nutzfahrzeugbranche konzentriert.
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The Stock symbol will also change to "BINI" at market open on July 28, 2025
BREA, Calif., July 24, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces that the Company’s previously announced name change to Bollinger Innovations, Inc. will be effective July 28, 2025. Effective as of the market open on the same date, the Company’s common stock will begin trading on The Nasdaq Capital Market under the Company’s new stock symbol – BINI. The CUSIP number for the Company’s common stock is not affected by the name or stock symbol change.
The Company’s name and stock symbol change has no affect on the Company’s legal structure or business operations. Stockholders are not required to take any actions in connection with these changes.
“Our transistion to Bollinger Innovation goes beyond a simple name change,” said David Michery, CEO and chairman of Bollinger, Innovations, Inc. “We are bringing our products and brands together under one strong and unified identity, ready to service the commercial vehicle industry.”
About Mullen Automotive Inc.
Bollinger Innovations, Inc. (NASDAQ: BINI) (effective July 28, 2025 and formerly, Mullen Automotive Inc. (NASDAQ: MULN) is a Southern California-based automotive company building the next generation of commercial electric vehicles (“EVs”) with U.S. based vehicle manufacturing located in Tunica, Mississippi, (120,000 square feet). In August 2023, Bollinger Innovations began commercial vehicle production in Tunica. As of January 2024, both the ONE, a Class 1 EV cargo van, and THREE, a Class 3 EV cab chassis truck, are California Air Resource Board (“CARB”) and EPA certified and available for sale in the U.S. The Company’s commercial dealer network consists of seven dealers, which includes Papé Kenworth, Pritchard EV, National Auto Fleet Group, Ziegler Truck Group, Range Truck Group, Eco Auto, and Randy Marion Auto Group, providing sales and service coverage in key West Coast, Midwest, Pacific Northwest, New England, and Mid-Atlantic markets.
In September 2022, Bollinger Motors, of Oak Park, Michigan, became a majority-owned EV truck company of Bollinger Innovations. Bollinger Motors has passed numerous milestones including its B4, Class 4 electric truck production launch on Sept. 16, 2024, and the development of a world-class dealer network with over 50 locations across the United States for sales and service support.
To learn more about the Company, visit www.MullenUSA.com.
Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential" and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Mullen and are difficult to predict. Examples of such risks and uncertainties include but are not limited to Mullen’s plan and timeframe related to changing its Company name and stock symbol. Additional examples of such risks and uncertainties include but are not limited to: (i) Mullen’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Mullen's ability to maintain existing, and secure additional, contracts with manufacturers, parts and other service providers relating to its business; (iii) Mullen’s ability to successfully expand in existing markets and enter new markets; (iv) Mullen’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Mullen’s business; (viii) changes in government licensing and regulation that may adversely affect Mullen’s business; (ix) the risk that changes in consumer behavior could adversely affect Mullen’s business; (x) Mullen’s ability to protect its intellectual property; and (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. Mullen anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Mullen assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen’s plans and expectations as of any subsequent date.
Contact:
Mullen Automotive Inc.
Effective July 28, 2025: Bollinger Innovations, Inc.
+1 (714) 613-1900
www.MullenUSA.com
Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com
FAQ
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