Category: Reverse Split

Mullen Automotive’s Strategic Moves: Reverse Split, GEM Settlement & $1.4M Order

Mullen Automotive, amidst challenges and opportunities, undertakes key strategic decisions. The company recently implemented a 1-for-100 reverse stock split effective June 2, 2025. Additionally, Mullen settled a longstanding legal dispute with GEM Group, leading to a pause in collection efforts and potential acquisition of its Mishawaka facility, along with an expansion of the Tunica plant […]