SC 13G: MULLEN AUTOMOTIVE INC.

Ticker: BINI · Form: SC 13G · Filed: Jun 12, 2024 · CIK: 1499961

Sentiment: neutral

Topics: sc-13g

AI Summary

SC 13G filing by MULLEN AUTOMOTIVE INC..

Risk Assessment

Risk Level: low

Filing Stats: 1,646 words · 7 min read · ~5 pages · Grade level 11.2 · Accepted 2024-06-12 17:00:06

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Filing Documents

From the Filing

SC 13G 1 formsc13g.htm UNITED SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. _)* MULLEN AUTOMOTIVE INC. (Name of Issuer) Common Stock, $0.001 par value per share (Title of Class of Securities) 62526P406 (CUSIP Number) May 14, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 62526P109 Schedule 13G Page 1 of 5 1 NAMES OF REPORTING PERSONS JADR Capital 2 Pty Ltd. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Australia NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 1,266,657 (1) 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 1,266,657 (1) 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,266,657 (1) 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.99% (1) 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) OO (1) Includes shares of Common Stock underlying outstanding Warrant and Convertible Note held by the Reporting Person. Each of the Warrant and Convertible Note includes a beneficial ownership limitation. The Warrant may not be exercised, and the Convertible Note may not be converted, to the extent the Reporting Persons would beneficially own more than 9.99% of the outstanding Common Stock of the Issuer. For additional information, see Item 4 below. Capitalized terms have the meanings ascribed to them below. CUSIP No. 62526P109 Schedule 13G Page 2 of 5 1 NAMES OF REPORTING PERSONS Justin Davis-Rice 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Australia NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER 1,266,657 (1) 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 1,266,657 (1) 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,266,657 (1) 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.99% (1) 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) IN CUSIP No. 62526P109 Schedule 13G Page 3 of 5 Item 1(a). Name of Issuer: Mullen Automotive Inc. (the “Issuer”) Item 1(b). Address of Issuer’s Principal Executive Offices: 1405 Pioneer Street, Brea, California 92821 Item 2(a). Name of Person Filing: This director of JADR Capital 2 Pty Ltd. and the sole director and shareholder of the trustee of, and primary beneficiary of, the trust that owns JADR Capital 2 Pty Ltd. Accordingly, Mr. Davis-Rice may be deemed to have sole power to vote and dispose of the shares of the Issuer directly owned by JADR Capital 2 Pty Ltd. Item 2(b). Address of Principal Business Office or, if None, Residence: The address of the principal business office of the Reporting Persons is Suite 61.06, Level 61, 25 Martin Place, Sydney NSW Australia 2000. Item 2(c). Citizenship: JADR Capital 2 Pty Ltd. is an Australian private company limited by shares. Mr. Davis-Rice is a citizen of Australia. Item 2(d). Title of Class of Securities: Common Stock, par value $0.001 per share, of the Issuer (the “Common Stock”) Item 2(e). CUSIP Number: 62526P406 Item 3. If This Statement is Filed Pursuant to Rules 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) Broker or dealer registered under Section 15 of the Exchange Act; (b) Bank as defined in Section 3(a)(6) of the Exchange Act; (c) Insurance company as defined in Section 3(a)(19) of the Exchange Act; (d) Investment company registered under Section 8 of the Investment Company Act; (e) An investment adviser in accordance with Rule 13d-1(b)(ii)(E); (f) An employee benefit plan or endowment fund in a

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