Replies to post #68934 on Mullen Automotive Inc (MULN)

[I-Glow]

Please don't sell keep buying.

Remember, According to Nasdaq, If a Company’s security fails to meet the continued listing requirement for minimum bid price and the Company has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one, then the Company shall not be eligible for any compliance period specified in this Rule 5810(c)(3)(A) and the Listing Qualifications Department shall issue a Staff Delisting Determination under Rule 5810 with respect to that security.

Michery did a 1:9 reverse split to keep it under 1:250 but this is the last chance.

The 90 day extension ends on January 22, 2024. That is 39 days and 20 days the price has to be at $1 or above for 20 consecutive days.

IG