Welcome to our dedicated page for Mullen Automotive SEC filings (Ticker: MULN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Mullen Automotive Inc., now Bollinger Innovations, Inc. (historically MULN, currently BINI on The Nasdaq Capital Market), provide detailed insight into the company’s electric vehicle operations, capital structure and corporate actions. These documents include current reports on Form 8‑K, proxy statements on Schedule 14A, registration statements on Form S‑1 and other disclosures that outline how the company finances its activities and manages listing requirements.
Recent 8‑K filings describe material corporate events such as the July 2025 name change from Mullen Automotive Inc. to Bollinger Innovations, Inc., the corresponding Nasdaq ticker change to BINI, and the implementation of a 1‑for‑250 reverse stock split of common stock. Other 8‑Ks discuss amendments to the certificate of incorporation, creation and terms of Series F and Series G Convertible Preferred Stock, exchanges of senior secured convertible notes and warrants into preferred shares, and settlements that include the transfer of the Mishawaka, Indiana manufacturing facility to GEM entities.
Definitive proxy statements on Schedule 14A detail shareholder proposals related to authorizing reverse stock splits, approving issuances of common stock under various securities purchase agreements, and amending the 2022 Equity Incentive Plan to include an automatic quarterly increase in available shares. These filings explain voting requirements, the rationale for each proposal and how they relate to Nasdaq Listing Rules, including rules governing market value of listed securities and bid‑price thresholds.
Registration statements on Form S‑1 and amendments, such as the August 2025 S‑1/A, describe resale registrations for shares issuable upon conversion of notes and preferred stock and exercise of warrants. They outline the potential number of shares, conversion mechanics, price floors and ownership limits, as well as risk factors associated with these financing arrangements. Additional 8‑K filings report on Nasdaq notices regarding market value of listed securities, the company’s intention to request a hearing before a Nasdaq Hearings Panel, and the effect of corporate actions on outstanding and reserved shares.
On Stock Titan’s filings page, these SEC documents are organized chronologically and can be reviewed alongside AI‑generated highlights that summarize key points, such as changes to capital structure, reverse stock split details, preferred stock terms and listing‑compliance updates. Users can also track how the company’s disclosures describe its commercial EV operations, majority ownership of Bollinger Motors and ongoing efforts to align its capital structure with exchange requirements.
Schedule 13G/A (Amendment No. 7) filed 10 July 2025 discloses that Michael Wachs, Esousa Holdings LLC and Esousa Group Holdings LLC collectively report beneficial ownership of 210,992,582 shares of Mullen Automotive Inc. ("MULN"), equal to 9.9 % of the issuer’s outstanding common stock as of 30 June 2025.
- The stake consists of 69,319,230 shares issuable upon note conversion and 141,673,352 shares issuable upon cash exercise of warrants.
- The 9.9 % figure is calculated against 7,594,989 shares outstanding reported in the company’s 8 July 2025 Schedule 14A.
- The reporting persons hold sole voting and dispositive power over all 210.99 M underlying shares; no shared power is reported.
- The filing states the securities were not acquired to change or influence control of the issuer and remain subject to a 9.9 % beneficial-ownership cap.
- Signatures dated 10 July 2025 confirm Michael Wachs as the sole managing member signing on behalf of the entities.
The presence of convertible notes and warrants representing more than 27 times the current share count highlights substantial potential dilution if exercised or converted, although the contractual cap limits immediate voting influence.
Mullen Automotive has filed a PRER14A announcing a Special Meeting of Stockholders on July 22, 2025, with eight key proposals requiring shareholder approval:
- Three proposals related to issuing common stock through convertible notes and warrants under separate Securities Purchase Agreements worth $1.6M, $11M, and $2.8M
- A significant reverse stock split proposal at a ratio between 1-for-2 to 1-for-250, to be implemented only if needed for Nasdaq compliance
- Approval for issuing up to $20 million of common stock under Securities Act Section 3(a)(10)
- Amendment to the 2022 Equity Incentive Plan for automatic quarterly share increases
- Approval for issuing shares upon exercise of Additional Warrants
- Authorization for meeting adjournment if needed
Notably, the company emphasizes it has not received any Nasdaq deficiency notice regarding the bid price rule, which requires maintaining a minimum bid price of $1.00 per share. Kingsdale Advisors has been retained as proxy solicitor for a fee of $15,500 plus expenses.