Mullen Automotive Inc. 8-K Report: Key Financial Insights for December 19, 2024

Based on the provided section of the financial report, here are the key insights and information extracted:

1. Company Identification:

• Name: Mullen Automotive Inc.
• CIK: 0001499961
• Stock Ticker: MULN
• Exchange: NASDAQ
• Address: 1405 Pioneer Street, Brea, CA 92821
• Contact Number: (714) 613-1900

2. Report Type:

• Filing Type: 8-K
• Filing Date: December 19, 2024

3. Financial Metrics:

• Common Stock Par Value: $0.001
• Type of Securities:
• • Common Stock
  • Rights to Purchase Series A-1 Junior Participating Preferred Stock

4. Contextual Information:

• The reporting period is specified as December 19, 2024, indicating a single-day snapshot of the company's financial standing on this date.

5. Units of Measurement:

• Financial figures are reported in USD (U.S. Dollars) and shares.

6. Segments Identified:

• The report includes specific segments related to common stock and preferred stock, indicating a detailed reporting structure which may be relevant for shareholders and analysts.

Insights:

• The report indicates that Mullen Automotive is publicly listed and actively communicates significant updates through SEC filings, which is standard practice for public companies.
• The mention of rights to purchase Series A-1 Junior Participating Preferred Stock could imply potential future financing mechanisms or equity structures that may affect shareholder equity and capital structure.
• The low par value of common stock suggests a potentially high number of authorized shares, which could have implications for dilution or capital raising strategies in the future.

Conclusion:

This section provides a snapshot of Mullen Automotive Inc.'s corporate structure and securities on a specific date. Stakeholders, including investors and analysts, should consider the implications of the company's financial instruments and their potential effect on ownership and capital structure.