Bollinger Innovations Inc (BINI)

[Wayne R]

Original Issue Date: June 5, 2023

FOR VALUE RECEIVED, Mullen Automotive Inc., a Delaware corporation (the “Company”), hereby certifies that Acuitas Capital, LLC, a Delaware limited liability company, or its registered assigns (the “Holder”) is entitled to purchase from the Company 8,074,124 duly authorized, validly issued, fully paid, and nonassessable shares of Common Stock at a purchase price per share of $0.001 (the “Exercise Price”),

oops, no shareholder vote for the next RS
https://www.sec.gov/Archives/edgar/data/1499961/000110465923067799/tm2317704d1_424b7.htm#ss19

The purpose of authorizing the board of directors to issue preferred stock and to determine the rights and preferences applicable to such preferred stock is to eliminate delays associated with a stockholder vote on specific issuances.