Mullen Regains Full Nasdaq Compliance, Cancels Nov. 14 Panel Hearing, And Will Continue Listing On Nasdaq Capital Market
Portfolio Pulse from Benzinga Newsdesk
Mullen Automotive has regained full compliance with Nasdaq's listing requirements, leading to the cancellation of a previously scheduled panel hearing. The company will continue its listing on the Nasdaq Capital Market.
October 17, 2024 | 1:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mullen Automotive has regained full compliance with Nasdaq's listing requirements, allowing it to continue its listing on the Nasdaq Capital Market. This development cancels the need for a panel hearing that was scheduled for November 14.
Regaining compliance with Nasdaq's listing requirements is a positive development for Mullen Automotive, as it avoids potential delisting. This news is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100