Mullen automotive prognose

The Mullen Automotive stock price is 6. The MULN stock price can go up from 6. According to our analysis, this will not happen. Not within a year.

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Mullen automotive prognose

BREA, Calif. With the recent addition of Bollinger and ELMS, we now have the portfolio in place from class 1 through 6, allowing us to drive the company toward production of our industry-leading electric vehicles. In addition, our move into Europe took important first steps in our fiscal second quarter commencing January 1, , as we made initial delivery to our marketing, sales, distribution, and servicing agent, Newgate Motor Group. There is high demand for ready-to-market compact electric vehicles in Europe and Mullen has seized the opportunity to extend its branding and marketing reach to the European market through its partnership with the manufacturers of the Mullen-GO. RMA is Mullen's first commercial dealer partner to offer sales, service, and parts for Mullen Automotive's commercial vehicle lineup. Mullen and Menzies have commenced a day pilot program that will evaluate the Class 1 electric vehicle EV cargo vans in several use cases across Menzies' LAX operations. Concerning the Special Meeting of Mullen Shareholders, after removing certain items initially slated for consideration by Shareholders, all remaining proposals were approved. Also at the Special meeting, shareholders approved the proposal to increase the Company's authorized Common Share capital from 1. The Company's authorized preferred stock is ,, shares. As a result, Mullen's authorized capital stock increased from 2.

Net cash used in operating activities. So, this gives the forecasting system an ability to optimize the results.

This reverse stock split is considered a crucial step that could help the company maintain its Nasdaq listing. The market's reaction to the uncertainty surrounding this shareholder vote has impacted MULN's stock significantly. Mullen filed a proxy statement detailing its next special meeting of stockholders on Dec. The filing contains two proposals, of which the first is a reverse stock split in a ratio between 1-for-2 and 1-for The second proposal seeks to adjourn the meeting if Proposal 1 does not receive enough shareholder votes to get approved.

It appears that Mullen might achieve this through a strategy of acquisitions. Mullen Automotive differentiates itself, to a certain extent, with powerful vehicles. First and foremost, Mullen Automotive has to cover the expenses of its recent purchases — and at the same time, MULN stock must avoid delisting from the Nasdaq exchange. More recently, the U. In time, however, this strategy could make Mullen Automotive more competitive.

Mullen automotive prognose

Far from it, in fact. This week, MULN stock proved yet again how unstable it can be, plunging to a new week low. As InvestorPlace contributor Chris MacDonald notes, the company is facing plenty of economic headwinds that have helped push down shares this year. However, some apparently still see Mullen as having significant growth potential, despite evidence to the contrary. Does this mean that Mullen is finally destined for a turnaround? The experts who issued these aforementioned price targets have not been named on Fintel. As such, the context for the reasoning behind the projections is unclear. This decline comes even after the company actually reported some good news, claiming it is on track to fulfill a cargo van delivery order. Impatient bondholders start demanding to see production vehicles. And retail investors eventually tire of losing money.

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Min: 9. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Mullen's plans and expectations as of any subsequent date. Preferred Series AA; 1 share authorized; 1 and zero shares issued and outstanding at December 31, and September 30, respectively. Montag, Bollinger B4 start of production is planned for the first quarter of BREA, Calif. September Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form K, quarterly reports on Form Q and current reports on Form 8-K filed by Mullen with the Securities and Exchange Commission. September 30, December 31, In the Summer of , Mullen will be launching the second leg of the "Strikingly Different" Tour with a focus on the East Coast, Midwest and northwest before finishing up in northern California. Prepaid expenses and other current assets. Holen Sie sich die Stockscreener-App. Certain statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of , as amended. Is MULN stock price going to drop?

Company achieves major milestones with receipt of first vehicle orders, commencement of Class 1 and 3 vehicle production, customer deliveries and recorded revenue. BREA, Calif. We completed a strategic purchase of EV battery pack manufacturing assets and showcased our innovations across the U.

Steht diese Biotech-Aktie erneut vor einem starken Kaufsignal? Self-learning technology is different than traditional programming. In addition, our move into Europe took important first steps in our fiscal second quarter commencing January 1, , as we made initial delivery to our marketing, sales, distribution, and servicing agent, Newgate Motor Group. Konjunktur- und Wirtschaftsnews. Other current liabilities. Cleveland-Cliffs Stock Forecast. Issuance of shares for services. Ad hoc-Mitteilungen. Chart Pattern Recognition Set a candle. September Max: 6. Max: 8. Mullen filed a proxy statement detailing its next special meeting of stockholders on Dec.