Summary by Futu AI
Mullen Automotive Inc., a company incorporated in Delaware and operating in the manufacturing industry, has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice with the date of first sale on 05/14/2024. The filing reveals that Mullen Automotive is offering debt securities, options, warrants, and other rights to acquire additional securities. As of the filing, the company has sold $13,157,895 USD out of a total offering amount of $52,631,579 USD, with the remaining $39,473,684 USD still to be sold. The offering is not being made in connection with a business combination transaction. Eight investors have already invested in the offering, and no sales commissions or finders' fees have been paid. The proceeds from the offering will not be used for payments to any executive officers, directors, or promoters. The company's CEO, President David Michery, signed the filing on 05/24/2024.