Mullen CEO Addresses Letter to Shareholders

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Mullen (MULN) surges 80% following reverse split and latest class 3 EV delivery

December 21, 2023 1:55 PM EST

Shares of Mullen Automotive (NASDAQ: MULN) surged more than 80% Thursday after the company enacted a 1-for-100 reverse stock split.

Shareholders approved the proposal at the companys 2023 Special Meeting on December 18th. The reverse split took effect at 12:01 a.m. Thursday morning.

There was only one way to give the Company the best possible chance of regaining minimum bid compliance for the mandated 20 trading days and that was by doing a... More

Mullen (MULN) announces 1-for-100 reverse stock split

December 19, 2023 2:31 PM EST

Emerging electric vehicle maker, Mullen Automotive (NASDAQ: MULN) announced Tuesday that the electric automaker will effect a 1-for-100 reverse split of the companys common stock effective on December 21st at 12:01 a.m.

Shareholders approved the proposal at the companys 2023 Special Meeting on... More