Mullen Automotive ( (MULN) ) has issued an announcement.
On March 13, 2025, Mullen Automotive held its Annual Meeting of Stockholders, where key amendments to the 2022 Equity Incentive Plan were approved. These amendments included an increase in the number of shares available for awards and an automatic annual increase in shares, which could enhance the company’s ability to attract and retain talent. Additionally, amendments to the CEO Performance Stock Award Agreements were approved, extending deadlines for achieving specific milestones related to capital, vehicle completion, revenue, battery development, and joint ventures. These changes are likely to impact the company’s strategic goals and operational focus, potentially benefiting stakeholders by aligning executive incentives with company performance.
More about Mullen Automotive
Mullen Automotive Inc. is a company operating in the automotive industry, focusing on the development and manufacturing of electric vehicles and related technologies.
YTD Price Performance: -98.85%
Average Trading Volume: 2,408,903
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $2.78M
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