Mullen Automotive Files S-1/A Amendment

TL;DR

Mullen Automotive filed an S-1/A on Jan 29, 2025. Looks like they're still raising cash.

AI Summary

Mullen Automotive Inc. filed an amendment (S-1/A) on January 29, 2025, for its registration statement. The company, incorporated in Delaware, is seeking to register securities under the Securities Act of 1933. Its principal executive offices are located at 1405 Pioneer Street, Brea, California.

Why It Matters

This filing indicates Mullen Automotive is actively pursuing capital or making changes to its securities offerings, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: high — S-1 filings often indicate a company is seeking significant capital, which can be a sign of financial distress or aggressive growth plans, carrying inherent risks for investors.

Key Numbers

• 333-282516 — SEC File Number (Identifies the specific SEC registration)
• 22 — Public Document Count (Indicates the volume of documents associated with this filing)

Key Players & Entities

• MULLEN AUTOMOTIVE INC. (company) — Registrant
• 0001829126-25-000541 (filing_id) — Accession Number
• 20250129 (date) — Filing Date
• 333-282516 (registration_number) — SEC File Number
• 1405 PIONEER STREET, BREA, CALIFORNIA 92821 (address) — Business Address
• 7146131900 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $0.001 — hares ") of our common stock, par value $0.001 per share (" Common Stock "), issuable
• $14.3 million — 5, there were outstanding approximately $14.3 million aggregate principal amount and accumula
• $0.292 — Stock on The Nasdaq Capital Market was $0.292 per share. We are a "smaller reporting
• $148.6 million — s was announced. The purchase price was $148.6 million in cash and stock for a 60% controlling
• $12.7 million — llinger segment, invested an additional $12.7 million in newly issued shares of the subsidiar
• $18.7 million — newly issued shares of the subsidiary ($18.7 million by January 23, 2025), increasing contro
• $105 m — ions) assets in an all-cash purchase of $105 million, which includes approximately of
• $10 million — illion, which includes approximately of $10 million vendor payables assumed at closing. Wit
• $52.6 million — rchase an aggregate principal amount of $52.6 million of 5% Original Issue Discount Senior Se
• $13.2 m — n initial aggregate principal amount of $13.2 million, or $12.5 million including the 5
• $12.5 million — e principal amount of $13.2 million, or $12.5 million including the 5% original issue discoun
• $10.5 m — l initial aggregate principal amount of $10.5 million, or $10.0 million including the 5
• $10.0 million — e principal amount of $10.5 million, or $10.0 million including the 5% original issue discoun
• $29.0 m — l initial aggregate principal amount of $29.0 million, or $27.5 million including the 5
• $27.5 million — e principal amount of $29.0 million, or $27.5 million including the 5% original issue discoun

Filing Documents

• mullenautomotive_s1a2.htm (S-1/A) — 752KB
• mullenautomotive_ex5-1.htm (EX-5.1) — 17KB
• mullenautomotive_ex23-1.htm (EX-23.1) — 3KB
• mullenautomotive_ex107.htm (EX-FILING FEES) — 32KB
• logo_001.jpg (GRAPHIC) — 15KB
• ex5-1_001.jpg (GRAPHIC) — 3KB
• ex5-1_002.jpg (GRAPHIC) — 2KB
• ex23-1_001.jpg (GRAPHIC) — 8KB
• 0001829126-25-000541.txt ( ) — 1313KB
• muln-20240930.xsd (EX-101.SCH) — 3KB
• muln-20240930_def.xml (EX-101.DEF) — 29KB
• muln-20240930_lab.xml (EX-101.LAB) — 82KB
• muln-20240930_pre.xml (EX-101.PRE) — 62KB
• mullenautomotive_s1a2_htm.xml (XML) — 5KB

USE OF PROCEEDS

USE OF PROCEEDS 10 PRIVATE PLACEMENT OF NOTES AND WARRANTS 11 SELLING STOCKHOLDERS 17

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES 19 PLAN OF DISTRIBUTION 29 LEGAL MATTERS 30 EXPERTS 30 WHERE YOU CAN FIND MORE INFORMATION 31 INFORMATION INCORPORATED BY REFERENCE 31 i Table of Contents ABOUT THIS PROSPECTUS This prospectus is part of a registration statement on Form S-1 that we filed with the U.S. Securities and Exchange Commission (the " SEC "). Under this registration process, the Selling Stockholders may, from time to time, sell the securities offered by them described in this prospectus. We will not receive any proceeds from the sale by the Selling Stockholders of the securities offered by them described in this prospectus, other than any proceeds from any cash exercise of the Warrants. Before you invest in our securities, you should read carefully the registration statement (including the exhibits thereto) of which this prospectus forms a part, this prospectus, and any accompanying prospectus supplement. We may also file a prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part that may contain material information relating to this offering. The prospectus supplement or post-effective amendment may also add, update or change information contained in this prospectus. If there is any inconsistency between the information in this prospectus and the applicable prospectus supplement or post-effective amendment, you should rely on the prospectus supplement or post-effective amendment, as applicable. Before purchasing any securities, you should carefully read this prospectus, any post-effective amendment, and any applicable prospectus supplement, together with the additional information described under the headings " Where You Can Find More Information " and " Information Incorporated by Reference ." Neither we nor the Selling Stockholders have authorized anyone to provide you with any information or to make any representations other than those contained, or incorporated by refe

View Full Filing

View this S-1/A filing on SEC EDGAR