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Lucid Begins Deliveries of Lucid Air Dream Edition to Customers in Europe, Confirms Official WLTP Driving Range of up to 883 km
Lucid Air arrives in Europe with first deliveries to customers in Germany and the Netherlands.
The limited-run Lucid Air Dream Edition receives official Worldwide Harmonized Light Vehicles Test Procedure (WLTP) driving range of 883 km.1 This makes the Lucid Air the longest-range electric vehicle in the European market.
AMSTERDAM, Dec. 21, 2022 /PRNewswire/ -- Lucid Group (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, today announced that it has begun deliveries of Lucid Air in Europe, with the first customers in Germany and the Netherlands.
https://finance.yahoo.com/news/lucid-begins-deliveries-lucid-air-080100078.html
It truly is a great sign to see the Mullen banner on their website. Hoping for some news in the morning. Would be awesome! $MULN
I hate to say it, but I think $ALYI is a dead endeavor. I can't find any evidence that supports any statement that has been made by this company. I've searched all the Boda bodas companies in both Ethiopia and Kenya and nothing! This company makes it seem like this market doesn't or didn't exist until they came along. This electric bike market is far from non-existent or emerging in Africa. It's actually pretty robust!
You remember this statement? I wonder what happened.
Chit!!! Forgot all about this! But to blame to SP decline on this is hilarious.
MULN Stock Falls 18% as Mullen Misses I-GO Delivery Date
Shares of Mullen Automotive (NASDAQ:MULN) stock closed lower by 18% due to the company’s silence on the delivery status of its I-GO urban commercial electric delivery vehicle.
In November, Mullen announced that it would enter into a dealer agreement with Newgate Motor Group that would see Newgate purchase 500 vehicles per year and the initial units of the I-GO for testing and demonstration. The dealer agreement encompassed the terms in which Newgate would receive the first shipment of the I-GOs on Dec. 20. In addition, Mullen also said that the first I-GOs would be released in Germany during December.
The wording of the announcement was eye-catching, as Mullen stated that it “will also enter into a dealer agreement.” This may possibly suggest that Mullen had not yet entered into a dealer agreement with Newgate when the announcement was made.
Meanwhile, Newgate’s home page of its official website still displays a Mullen banner with a “Coming Soon” description. The dealership has over 40 years of experience in the automotive industry.
Still, the EV company has already entered into an agreement with Newgate that will see the dealership group become the servicing agent for the I-GO in the United Kingdom and Ireland. This means that Newgate will be in charge of sales, marketing, distribution, and service for the EV.
https://investorplace.com/2022/12/muln-stock-falls-18-as-mullen-misses-i-go-delivery-date/
I guess they don't. Remarkable!
You really believe that the company is responsible for dumping into the news?
Maybe Michery has enemies
I sure hope they diversify so Mullen can get a piece.
Why would any company do a reverse split? The only way (right now) to get the funding that WE ALL KNOW these EV companies NEED to keep operating is to take on dilutive funding. Mullen isn't Lucid who is in bed with the Saudis. In order to have enough OS available to absorb debt conversion when it happens, they have to a high enough AS.
It's either decrease the OS or increase the AS. That's why if you read the 14A, you'll see all of the 'ifs' that are inserted in the filing.
Not true! That is not the rumor! There are a lot of 'ifs' built into that 14A and any attempt to predict how this plays out is a flat out misdiretion.
Not selling? Says the same folks who flip at a $.01 - $.02 rate continuously. Get real!!!
$MULN is in a perpetual cycle of manipulation. The shorts (coupled w/ whatever dilution is left) have a firm grip on the price action. It makes absolutely no sense to buy at this point because it will just end up being bags! Not worth it until we get '23 EOQ1 results. IMO.
$FOMC it is official, FOMO WORLDWIDE has recovered one million Series B Convertible Preferred shares from SST's founder in exchange for a $100K 0% three-year junior non-convertible redeemable payment obligation; this action reduces diluted shares O/S by one billion.
— FOMO WORLDWIDE, INC. (@FOMO_CORP) December 19, 2022
Lucid Group, Inc. Announces Successful Capital Raise of Approximately $1.515 Billion
5:16 PM ET 12/19/22 | Dow Jones
NEWARK, Calif., Dec. 19, 2022 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID; "Lucid") announced today that it has completed its previously announced "at-the-market" equity offering program.
Through the program, Lucid sold more than 56.2 million shares of its common stock for gross proceeds of approximately $600 million.
The successful capital raise of approximately $1.515 billion, which includes approximately $915 million that Lucid expects to raise through the private placement of approximately 85.7 million shares to an affiliate of the Public Investment Fund ("PIF"), Ayar Third Investment Company ("Ayar"), pending settlement in December 2022, will be used, as previously disclosed, for general corporate purposes, which may include, among other things, capital expenditures and working capital. As previously disclosed, the price that Ayar is paying in the private placement equals the volume-weighted average price achieved in the "at-the-market" offering. This private placement is not a part of the "at-the-market" offering and is in addition thereto. Subject to certain exceptions, Ayar has agreed not to, among other things, offer, sell, pledge or otherwise transfer any shares of our common stock for six months after the date of the private placement.
Lucid expects that the additional capital raised will further strengthen its balance sheet and liquidity position.
$OTTV Sports Book and Lottery coming soon. Thank you for the Love & Support. @koa_studios @vivaentgroup @Soleiloficial @IamLuisGuzman @bettingtalk_ pic.twitter.com/kCdIpuBDmH
— Vivalive TV Official (@vivaentgroup) September 28, 2022
Very nice vid!!! So, 1: production vehicles onhand, street-ready for in-person demo; and 2: they belong to Mullen. Doesn't get any better...exciting times - 2023, here we come!!! $MULN
Holding up pretty good today for a Friday!
$FOMC has agreed to structure accrued comp, remaining salary through 02-28-2023, 1.5% override on 2021 sales, and other with SST founder into a $284K 3-year junior convertible note @ .0014; **SST FOUNDER TO RETURN 1 BILLION SHARES TO COMPANY REDUCING DILUTION BY 800 MILLION**
— FOMO WORLDWIDE, INC. (@FOMO_CORP) December 16, 2022
The purpose of the Special Meeting will be to consider and vote upon the following proposals:
(1)
Proposal No. 1?—?An amendment to the Company’s Second Amended and Restated Certificate of Incorporation, which amendment will not be filed prior to the later of March 6, 2023 and 180 days after such date (which later date depends on whether Nasdaq Stock Market LLC grants the Company an additional 180-day extension to regain compliance with Nasdaq listing rules), to effect a reverse stock split of our outstanding shares of common stock in an amount not less than 1-for-2 shares and not to exceed 1-for-25 shares, with the exact ratio to be set within that range at the discretion of our Board of Directors (the “Reverse Stock Split”); provided, however, that the Company will not file such amendment before May 1, 2023 to effect the Reverse Stock Split in order to maintain continued inclusion in the Russell 2000, which requires a minimum stock price of $1.00; Notwithstanding the foregoing, if Proposal No. 2 is not approved at the Special Meeting, then the Board of Directors may effectuate the Reverse Stock Split at any time, and at such, time and date, if at all, as determined by the Board of Directors in its sole discretion, but no later than December 1, 2023, when the authority granted in this proposal to implement the Reverse Stock Split would terminate;
Here we go!!!
Here's the reasons why they halted:
T1 Halt - News Pending
Trading is halted pending the release of material news.
T2 Halt - News Released
The news has begun the dissemination process through a Regulation FD compliant method(s).
T3 News and Resumption Times
The news has been fully disseminated through a Regulation FD compliant method(s); or NASDAQ has determined either that system misuse or malfunction that caused extraordinary market activity will no longer have a material effect on the market for the security or that system misuse or malfunction is not the cause of the extraordinary market activity; or NASDAQ has determined the conditions which led to a halt in an Exchange-Traded Fund are no longer present. Two times will be displayed: (1) the time when market participants can enter quotations, followed by (2) the time the security will be released for trading. All trade halt and resumption times will be posted in HH:MM:SS format.
Just checked SEC website. Quote will return at 0945 and trading will resume at 0950
We're not seeing $1 until we start delivering vans
Absolutely nothing! It will reset once it recommences
At the rate of these substantial PRs, just might
Wait, I thought Mullen was a scam. Now they're receiving orders for vans...6,000 vans?!
Nice!!!
Saudis won't let him come near that company!
One of 'em already jumped on the bandwagon!
$.25!!!
⚡Mullen Automotive Partners with Loop Global to Deploy EV Charging Solutions Including a Public DC Fast Charging Network and Residential Offerings⚡ https://t.co/ld7UMqLJk5$MULN #EV #EVFleet #MULN pic.twitter.com/HD9BeLLATc
— Mullen Automotive (@Mullen_USA) December 14, 2022
Wow, what a wall at .24
Oh wow, I thought $MULN was a scam? All this news makes me want to go out into the woods and hug a bear!
We're getting there! The more positive articles, the more visibility!!! $MULN
Mullen Automotive Shifts Into Higher Gear
December 13 2022 - 05:51PM
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Mullen Automotive announces its 1st US dealer partner. The news is the latest in a string of positive catalysts for the company. Production of flagship vehicles is expected to begin within months. Mullen Automotive (NASDAQ:MULN) just issued another press release that has shifted the outlook for the company into higher gear. The company says Randy […]
https://www.valuewalk.com/mullen-automotive-shifts-into-higher-gear/
TK, I'm tracking what you're saying. Believe me, I'm not blindly following this scumbag. They're all scumbags...comes with the territory. Everything I say, I say with my fingers crossed behind my back. '23EOQ2 will be the end game for me. Either I lose my $45K, or I finally get a big win. I do appreciate your feedback and remain cautiously optimistic with this stock. GLTY!
Key is to make them buy back in at a higher price. Shorters and flippers are like the Vikings raiding our progress daily!
Mullen Signs First U.S. Dealer Partner, Randy Marion Automotive Group, as Company Prepares for 3 Commercial Product Launches in 2023 https://t.co/UPGeqFkXND$MULN #CommercialEV #EVFleet pic.twitter.com/6iTojwzHOf
— Mullen Automotive (@Mullen_USA) December 13, 2022
ELMS already has vans sitting in the packing lot (not sure how many). We saw photo proof of that. They just needed to be rebranded with the Mullen logo, but couldn't because the deal wasn't completed until 1DEC22.