03:58 PM EST, 03/07/2024 (MT Newswires) -- Mullen Automotive ( MULN ) said Thursday it received a confirmation from Nasdaq on Wednesday that the company has regained compliance with Nasdaq's annual shareholder meeting requirement.

Mullen, which previously regained compliance with Nasdaq's minimum bid price requirement, is now in full compliance with all Nasdaq continued listing requirements, securing its position on The Nasdaq Capital Market for trading.

Shares of Mullen were up 5.5% in recent trading.

Price: 6.70, Change: +0.35, Percent Change: +5.51