Mullen automotive inc. announces 1-for 25 reverse stock split effective may 4, 2023

Brea, calif., may 03, 2023 (globe newswire) -- via ibn -- mullen automotive inc. (nasdaq: muln ) (“mullen” or the “company”), an emerging electric vehicle manufacturer, announced today that it will effect a 1-for-25 reverse stock split (“reverse stock split”) of its common stock, par value $0.001 per share (“common stock”), that will become effective on may 4, 2023, at 12:01 a.m., eastern time. mullen's 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 may 4, 2023. the new cusip number for the common stock following the reverse stock split will be 62526p 208.
MULN Ratings Summary
MULN Quant Ranking