Tuesday, August 22, 2023 3:40:18 PM
I doubt if there is anyone who understood what happened today, here is the explanation: 82 million shares were not distributed! They were only registered, therefore there was no dilution and DM did not sell anything. Employees will receive a bonus in shares only if they meet milestones such as:
REVENUE BENCHMARK MILESTONES. For each $25 Million of revenue recognized by the Company (each a "Revenue Tranche"), and subject to an aggregate maximum of recognized revenue of $250 Million between the Date of Grant and the end of December 2025, the Company will issue to Participant a number of shares of Common Stock equal to 1% of Mullen's then-current total issued and outstanding shares of Common Stock as of the date a Revenue Tranche is achievedNow I understand and I'm buying
REVENUE BENCHMARK MILESTONES. For each $25 Million of revenue recognized by the Company (each a "Revenue Tranche"), and subject to an aggregate maximum of recognized revenue of $250 Million between the Date of Grant and the end of December 2025, the Company will issue to Participant a number of shares of Common Stock equal to 1% of Mullen's then-current total issued and outstanding shares of Common Stock as of the date a Revenue Tranche is achievedNow I understand and I'm buying
Bullish
Recent BINI News
- Form SCHEDULE 13D - General Statement of Acquisition of Beneficial Ownership • Edgar (US Regulatory) • 10/15/2025 11:15:37 PM
- Activist Investor Takes 9.99% Stake in Bollinger Innovations, Inc. Asks CEO to Maintain Nasdaq Listing, Seeks 50% of Shares and Board Control Via Tender Offer at 55% Premium Now or to Seek Board Seat; and to Propose Dividend, Bring New Funding Source Strat • GlobeNewswire Inc. • 10/10/2025 04:33:15 PM
- Bollinger Innovations Announces Move to OTC Markets Effective Monday, Oct. 13, 2025 • GlobeNewswire Inc. • 10/09/2025 09:00:00 PM
- Bollinger Innovations Signs Agreement with Ariel Fleet Holdings to Provide FedEx ISPs, Advanced Logistics Systems and Springbok Holdings with 34 Commercial EVs for Last Mile Deliveries • GlobeNewswire Inc. • 10/02/2025 12:45:00 PM
- Bollinger Innovations Receives $1,074,035 for Vehicles Sold in August 2025; Company Continues Sales Momentum and Improves Cash Flow • GlobeNewswire Inc. • 09/18/2025 01:15:00 PM
- Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Sept. 22, 2025 • GlobeNewswire Inc. • 09/18/2025 12:55:00 PM
- Bollinger Innovations Takes Further Cost Cutting Actions Resulting in Reducing Its Quarterly Cash Burn from $21.2M to $8.9M; a 58% Quarterly Decrease • GlobeNewswire Inc. • 09/15/2025 12:45:00 PM
- Bollinger Motors Announces 30 Unit Vehicle Sale to Ziegler and Range Truck Groups, DB Schenker and Larsen Enterprises • GlobeNewswire Inc. • 09/04/2025 01:10:00 PM
- Bollinger Motors Adds Ziegler Truck Group, Range Truck Group to National Sales and Service Network • GlobeNewswire Inc. • 09/02/2025 01:15:00 PM
- Bollinger Innovations Announces Additional Cost Cutting Measures • GlobeNewswire Inc. • 09/02/2025 12:30:00 PM
- Bollinger Innovations, Inc. Announces Quarterly Results for 3 and 9 Months Ended June 30, 2025 • GlobeNewswire Inc. • 08/14/2025 08:00:00 PM
- BOLLINGER INNOVATIONS OFFERS $7,500 PRICE ADJUSTMENT ON MULLEN BRANDED CLASS 1, CLASS 3 COMMERCIAL EVs; MATCHES FEDERAL INCENTIVE • GlobeNewswire Inc. • 08/06/2025 01:25:00 PM
- Bollinger Innovations, Inc. Announces Reverse Stock Split Effective Aug. 4, 2025 • GlobeNewswire Inc. • 07/31/2025 01:00:00 PM
- Bollinger Innovations Strengthens Balance Sheet by Eliminating all Warrants and $25.3 Million of Convertible Notes • GlobeNewswire Inc. • 07/29/2025 12:45:00 PM
- Mullen Automotive Inc. Changes Name to Bollinger Innovations, Inc. Effective Today • GlobeNewswire Inc. • 07/28/2025 01:30:00 PM
