Mullen Automotive announces 1-for-100 reverse stock split after Nasdaq delisting notice

BOLLINGER INNOVATIONS, INC.

Nasdaq notified Mullen on Sept 16 of non-compliance with $1.00 bid price rule; cumulative reverse splits >250 ratio also trigger delisting.
1-for-100 reverse stock split effective Sept 17, 2024; stock continues trading under MULN with new CUSIP 62526P505.
Company will request a hearing before the Nasdaq Hearings Panel to stay delisting; compliance not guaranteed.
Fractional shares rounded up; outstanding warrants and convertible securities adjusted proportionally.

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