Mullen Automotive Inc. Announces Reverse Stock Split Effective June 2, 2025
Summary by The Bakersfield Californian
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Mullen Automotive Inc. Announces Reverse Stock Split Effective June 2, 2025
BREA, Calif., May 29, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle manufacturer, today announces that it will effect a 1-for-100 reverse stock split (“Reverse Stock Split”) of…
·Bakersfield, United States
Read Full ArticleMullen News: Reverse Split, GEM Settlement & $1.4 Million Order
Mullen Automotive is making moves amid ongoing challenges and opportunities. The company recently announced a 1-for-100 reverse stock split effective June 2, 2025. Mullen also resolved a four-year legal dispute with GEM Group by entering a settlement that pauses collection efforts and allows a potential acquisition of its Mishawaka facility, while also expanding its Tunica
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