11:00 AM EDT, 10/17/2024 (MT Newswires) -- Mullen Automotive ( MULN ) said Thursday that the Nasdaq Stock Market notified the company that it is now in compliance with the exchange's minimum bid price requirement for continued listing.

The electric vehicle maker said it is fully compliant with all listing requirements and its scheduled Nov. 14 hearing before a Nasdaq panel has been cancelled.

The company's shares were up more than 4% in recent trading.

Price: 2.38, Change: +0.10, Percent Change: +4.17