Summary by Moomoo AI
Mullen Automotive Inc. has announced a delay in filing its Annual Report on Form 10-K for the fiscal year ended September 30, 2024. The company will utilize the 15-day extension period, with the new filing deadline set for January 14, 2025. The delay is attributed to ongoing US GAAP fair value analysis of assets and revenue recognition related to the company's business operations.The company requires additional time to finalize financial statements and other disclosures for the Annual Report. Mullen Automotive is unable to provide a reasonable estimate of the anticipated changes in consolidated results of operations compared to the previous fiscal year due to the ongoing analysis. The company assures that all other periodic reports required under securities laws have been filed on time.Jonathan New, Chief Financial Officer, is the designated contact for this notification. Mullen Automotive emphasizes that forward-looking statements in this announcement are subject to risks and uncertainties, and actual results may differ from current expectations.