Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today

Bollinger Innovations Strengthens Balance Sheet by Eliminating all Warrants and $25.3 Million of Convertible Notes

Company increases shareholder equity by approximately $133 million

Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today

Nasdaq ticker symbol has been updated to “BINI”...

Bollinger Innovations Strengthens Financial Position by Eliminating Warrants and Convertible Notes

Bollinger Innovations, Inc. (NASDAQ: BINI), a leader in the electric vehicle (EV) manufacturing sector, has taken a significant step to fortify its financial foundation. The company announced the elimination of all warrants and the conversion of $25.3 million in convertible notes into newly created preferred stock. This strategic move, as highlighted by CEO and Chairman David Michery, not only enhances the company’s capital structure but also un…