Summary by Moomoo AI
Mullen Automotive Inc., a company incorporated in Delaware and based in Brea, California, has filed a Form D Notice of Exempt Offering of Securities with the United States Securities and Exchange Commission (SEC). The filing indicates a new notice with the date of the first sale yet to occur, proposing an equity offering amounting to $156 million USD. The offering is made under Rule 506(b) of the Securities Act, which allows for an unlimited number of accredited investors and up to 35 non-accredited investors in a private placement, without general solicitation or advertising. The form lists several related persons, including CEO David Michery, who are executive officers and/or directors of the company. Mullen Automotive operates within the manufacturing industry group...Show More