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Mullen Automotive ( (MULN) ) has provided an announcement.
On May 9, 2025, Mullen Automotive Inc. entered into a Settlement Agreement with GEM Yield Bahamas Limited and GEM Global Yield LLC SCS. The agreement includes a 55-day due diligence period for GEM to evaluate the transfer of Mishawaka assets, suspending all collection activities related to the judgement during this period.
Spark’s Take on MULN Stock
According to Spark, TipRanks’ AI Analyst, MULN is a Underperform.
Mullen Automotive’s overall stock score is low due to severe financial instability, weak technical indicators, and poor valuation metrics. While recent corporate events show attempts to align executive incentives, they are overshadowed by negative financial and technical fundamentals, reflecting significant risks and challenges.
To see Spark’s full report on MULN stock, click here.
More about Mullen Automotive
Mullen Automotive Inc. operates in the automotive industry, focusing on the development and manufacturing of electric vehicles.
Average Trading Volume: 3,422,390
Technical Sentiment Signal: Sell
Current Market Cap: $401.8K
For a thorough assessment of MULN stock, go to TipRanks’ Stock Analysis page.