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

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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 Automotive (MULN) CEO Issues Letter to Shareholders

December 19, 2023 12:00 PM EST

Mullen Automotive, Inc. (NASDAQ: MULN) today shares an open letter to Mullen shareholders addressing its recent reverse stock split.

Dear Mullen Shareholders:

As most of you... More

Mullen Automotive (MULN) Announces 1-for-100 Reverse Stock Split Effective December 21, 2023

December 19, 2023 11:45 AM EST

Mullen Automotive Inc. (NASDAQ: MULN) (Mullen or the Company), an emerging electric vehicle manufacturer, announced today that it will effect a 1-for-100 reverse stock split (Reverse Stock Split) of its common stock,... More

Mullen Automotive, Inc (MULN) Adjourns Special Meeting to December 18th

December 15, 2023 3:09 PM EST

Mullen Automotive Inc. (NASDAQ: MULN) (Mullen or the Company), an emerging electric vehicle (EV) manufacturer, today announced that its Special Meeting of Stockholders convened on December 15, 2023 was adjourned to December 18, 2023 at 9:30 a.m., Pacific Time.

The Company has determined to adjourn the Special Meeting in order to provide additional time to solicit proxies with respect to Proposal 1 presented to the stockholders for approval. Proposal 1... More