About Mullen Automotive, Inc. - Common Stock (MULN)
Mullen Automotive, Inc. is an electric vehicle manufacturer focused on designing and producing innovative electric cars and commercial vehicles aimed at enhancing sustainable transportation. The company is committed to developing advanced battery technologies and integrating cutting-edge features in their vehicles, while also emphasizing performance, design, and user experience. Mullen Automotive aims to capture a significant share of the rapidly growing electric vehicle market through its diverse lineup of vehicles, which includes both consumer-oriented models and fleet solutions for businesses. Read More
Mullen Automotive (NASDAQ: MULN) will implement a 1-for-100 reverse stock split effective April 11, 2025, aiming to regain compliance with Nasdaq’s $1.00 minimum bid price requirement. Post-split, Mullen’s common stock will continue to trade under the ticker MULN, with a new CUSIP of 62526P703. The move, approved by shareholders in March, will reduce the number of outstanding shares from approximately 220 million to 2.2 million and apply proportionate adjustments to equity instruments. No fractional shares will be issued, with all such holdings rounded up.
Mullen Automotive Inc. (NASDAQ: MULN) will enact a 1-for-100 reverse stock split on April 11, 2025, to comply with Nasdaq listing standards. The move reduces outstanding shares from 220 million to about 2.2 million while maintaining MULN's listing.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options
Electric vehicles (EVs) are becoming more popular every day, but they still face a big challenge; weight. Compared to traditional cars that use petrol or diesel, EVs are much heavier. One major reason for this is their large battery packs. For example, the Chevrolet Silverado EV weighs nearly 9,000 pounds, making it one of the heaviest vehicles on the road.
BREA, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announced today that it will effect a 1-for-100 reverse stock split (“Reverse Stock Split”) of its common stock, par value $0.001 per share (“Common Stock”), that will become effective on April 11, 2025, at 12:01 a.m. Eastern Time. The Common Stock will continue to trade on The Nasdaq Capital Market (“Nasdaq”) under the existing symbol MULN and will begin trading on a split-adjusted basis when the market opens on April 11, 2025. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P703.
The Inflation Reduction Act (IRA) has been instrumental in creating new jobs in America’s growing electric vehicle (EV) industry. Passed in 2022 by the Biden administration, the landmark measure invested heavily in EV production and infrastructure, dedicating tens of billions of dollars to deploying public charging stations and supporting domestic EV manufacturing.
NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Mullen Automotive, Inc. (“Mulllen” or the “Company”) (NASDAQ: MULN). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options
As the US market prepares to open on Friday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
As summer approaches, many electric vehicle (EV) owners are excited about road trips. But one big worry remains; running out of battery power before reaching a charging station. This concern, known as range anxiety, makes long-distance travel stressful for many EV drivers. However, scientists at SINTEF have developed a new self-healing battery that could solve this problem for good.
Mullen Automotive confirms its EVs, including Bollinger models, are fully assembled in the U.S. and not impacted by new vehicle tariffs. With over 67% of components sourced domestically, Mullen aims to maintain stable pricing and support fleet electrification for businesses seeking clean, cost-effective solutions.
Mullen Automotive (NASDAQ: MULN) announced that its Mullen and Bollinger commercial electric vehicles are fully assembled in the United States and exempt from recently announced tariffs on vehicles and components. With 67% and 71% of components sourced domestically for Mullen and Bollinger respectively, the company emphasizes its commitment to U.S. manufacturing and supply chain stability. Mullen’s lineup includes the Mullen ONE and Mullen THREE, while Bollinger offers the B4 chassis cab, which began deliveries in October 2024.
The Trump administration is continuing its trend of rescinding funds dedicated to green energy and climate change by the Biden administration. A document from the U.S. Department of Energy (DOE) has revealed that the current administration is canceling grants for renewable energy projects, putting more than 300 initiatives at risk of closure.
