Mullen Automotive Inc (MULN) Stock Split History

Mullen Automotive Inc has split its stock 6 times since its initial public offering (IPO). The first stock split occurred on May 25, 2016 with the ratio of 1-for-10, meaning that for 10 shares of MULN owned pre-split, shareholders then owned 1 share. 5 more splits have been implemented since then. The most recent stock split took place on December 21, 2023 on a 1-for-100 basis.

These splits have increased MULN stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Mullen Automotive Inc's total market capitalization.

For more detailed information of Mullen Automotive Inc's stock splits, view the table below:

MULN stock split list

Date	Split Ratio
2023-12-21	1 - for - 100
2023-08-11	1 - for - 9
2023-05-04	1 - for - 25
2023-05-03	1 - for - 25
2017-10-05	1 - for - 10
2016-05-25	1 - for - 10

Will Mullen Automotive Inc Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Mullen Automotive Inc has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when MULN stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Mullen Automotive Inc's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.