Mullen Corrects and Re-Issues Letter to Shareholders — $0.38 Per Share Updated From $0.038 Per Share
BREA, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today provides a business update letter to shareholders. Dear Shareholder, We want to respond to the many emails and calls regarding the decrease in our share price. Since March 31, 2023, our stock has declined 90% from $3.25 per share. On…