Mullen Folds BINI, Scrapping Warrants for MULN Stock
Bollinger Innovations, Inc., formerly known as Mullen Automotive Inc., has undergone a strategic rebrand, consolidating its commercial electric vehicle (EV) products under one brand identity. The change took effect on July 28, 2025.
The company, based in Southern California with manufacturing in Mississippi, continues to produce the Bollinger ONE, a Class 1 electric cargo van designed for urban last-mile delivery, and the Bollinger THREE, a Class 3 electric cab chassis truck, both built for urban commercial use.
A new addition to the product lineup is the Bollinger B4 Chassis Cab, an all-electric Class 4 commercial truck offering a 185-mile range, a 46-foot turning radius, and a 7,325-pound payload capacity. The B4 Chassis Cab features a unique Quad-Bend chassis that protects its 158-kWh battery pack, improving capability, maneuverability, and safety.
All vehicles comply fully with U.S. Federal Motor Vehicle Safety Standards, EPA emissions standards, and California Air Resources Board (CARB) certifications, reflecting adherence to strict clean air regulations. These vehicles are also CARB and EPA certified.
The rebranding does not involve changes to Bollinger Innovations, Inc.'s legal structure or operations. Notably, the company has eliminated all outstanding warrants and $25.3 million in convertible notes, a move that significantly improves its balance sheet. The eliminated debt has been exchanged for newly issued preferred stock.
Bollinger Motors of Michigan, a majority-owned subsidiary, continues to operate separately, having launched production of a Class 4 electric truck and built a nationwide dealer network. The subsidiary supports electric vehicle sales and service through this network.
David Michery, the CEO of Bollinger Innovations, Inc., stated that the move reflects strong investor support. The company will now trade on Nasdaq under the ticker symbol BINI.
The rebranding is part of Bollinger Innovations, Inc.'s ongoing commitment to the commercial EV market. All vehicles produced by the company comply with U.S. safety and environmental standards, ensuring they meet the highest standards of quality and sustainability.
[1] Bollinger Innovations, Inc. Press Release, "Bollinger Innovations Announces Rebrand and Focus on Commercial Electric Vehicle Market," July 28, 2025. [2] Bollinger Innovations, Inc. Investor Relations, "Q2 2025 Earnings Call Transcript," August 9, 2025. [3] Bollinger Innovations, Inc. Securities and Exchange Commission Filing, "Form 10-Q for the Quarter Ended June 30, 2025."
- The rebranding of Bollinger Innovations, Inc. demonstrates their dedication to the commercial electric vehicle market, a sector that intertwines finance, lifestyle, and technology as industries increasingly favor green alternatives for business and personal needs.
- The strategic rebrand also marks a shift in the company's financial outlook, as they have eliminated debt and secured a Nasdaq listing (BINI), positioning Bollinger Innovations, Inc. to compete in the burgeoning field of electric vehicles.
- The introduction of electric vehicles, such as the Bollinger ONE, THREE, and newly announced B4 Chassis Cab, aligns with the company's commitment to cleaner technology and the advancement of an eco-friendly lifestyle, thereby playing a significant role in the growing trend of sustainable business ventures.
