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Mullen Automotive | 8-K: Mullen Automotive Announcing That Is Has Regained Compliance with Nasdaq Listing Rule 5620(A)

SEC announcement · Mar 7 09:20

MULN -9.38%

Summary by Moomoo AI

Mullen Automotive Inc., an emerging electric vehicle manufacturer, has announced on March 7, 2024, that it has regained full compliance with Nasdaq's listing requirements. The company received formal notice from The Nasdaq Stock Market LLC on March 6, 2024, confirming compliance with the annual shareholder meeting requirement as per Nasdaq Listing Rule 5620(a). This follows a previous announcement on January 24, 2024, where Mullen Automotive reported compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). With these developments, Mullen Automotive will continue to be listed and traded on The Nasdaq Capital Market. The company expects to be removed from Nasdaq's list of noncompliant companies within approximately four business days following the receipt of the compliance notification.

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