Mullen Automotive Inc. Announces 1-for-100 Reverse Stock Split Effective June 2, 2025

Reuters
03 Jun
<a href="https://laohu8.com/S/MULN">Mullen Automotive</a> Inc. Announces 1-for-100 Reverse Stock Split Effective June 2, 2025

Mullen Automotive Inc., an electric vehicle manufacturer, has announced a 1-for-100 reverse stock split of its common stock, effective June 2, 2025. This move aims to help the company comply with Nasdaq's $1.00 minimum bid price requirement. Following the split, approximately 80 million shares will be reduced to around 800,000 shares. The stock will continue trading under the symbol MULN.

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