MULN Initiates 1-for-100 Reverse Stock Split Effective June 2025 | MULN Stock News

May 29, 2025

Mullen Automotive, under the ticker MULN, has announced a significant change to its stock structure, implementing a 1-for-100 reverse stock split. This adjustment will take effect on June 2, 2025, precisely at 12:01 a.m. Eastern Time. Post-split, Mullen Automotive will maintain its current listing on The Nasdaq Capital Market, continuing to trade under the MULN symbol. Investors will see the stock trading on a split-adjusted basis starting with the market's opening on that day. The company has also updated its Common Stock's CUSIP number to 62526P802 following the reverse split.

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