Mullen Automotive Announces 1-For-100 Reverse Stock Split Effective Sept. 17, 2024
Mullen Automotive Announces 1-For-100 Reverse Stock Split Effective Sept. 17, 2024
Mullen Automotive Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announced today that it will effect a 1-for-100 reverse stock split ("Reverse Stock Split") of its common stock, par value $0.001 per share ("Common Stock"), that will become effective on Sept. 17, 2024, at 12:01 a.m. Eastern Time. The 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 Sept. 17, 2024. The new CUSIP number for the Common Stock following the Reverse Stock Split will be 62526P505.
Mullen Automotive Inc.（納斯達克：MULN）（「Mullen」或「公司」），一家電動車（「EV」）製造商，今天宣佈將對其普通股進行1比100的逆向股票拆分（「逆向股票拆分」），每股面值爲0.001美元的（「普通股」），該拆分將於2024年9月17日美國東部時間凌晨12:01正式生效。普通股將繼續在納斯達克資本市場（「納斯達克」）上交易，交易代碼仍爲MULN，從2024年9月17日市場開盤起將根據拆分後的基準進行交易。逆向股票拆分後普通股的新CUSIP編號將爲62526P505。
The Reverse Stock Split is primarily intended to bring the Company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on Nasdaq. There is no guarantee the Company will meet the minimum bid price requirement.
逆向股票拆分主要是爲了使公司符合納斯達克維持上市的最低市價要求1美元。公司不能保證能達到最低市價要求。
譯文內容由第三人軟體翻譯。
