Mullen Automotive Announces 1-for-100 Reverse Stock Split to Regain Compliance
Mullen Automotive (NASDAQ: MULN) implements a 1-for-100 reverse stock split to meet Nasdaq's bid price requirement. Learn about the company's commercial electric vehicles and recent developments. Find out more at techmediawire.com.
This news is crucial for investors in Mullen Automotive (NASDAQ: MULN) as the company aims to meet Nasdaq's bid price requirement. The reverse stock split will significantly reduce outstanding shares, potentially impacting the company's stock performance and compliance status.