Mullen automotive inc. announces reverse stock split effective april 11, 2025

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.
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