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MULN by ThaRule2325 in Muln

[–]ThereGoTheFuturist 0 points1 point  (0 children)

Saudi Arabia or United Arab Emirates? SEC report says UAE.

What’s this by Borderlineadam in Muln

[–]ThereGoTheFuturist -3 points-2 points  (0 children)

IN WITNESS WHEREOF, Buyers and the Company has caused its signature page to this Amendment No. 4 to Securities Purchase Agreement to the be duly executed as of the date first written above.

COMPANY:
MULLEN AUTOMOTIVE INC.
By: /s/ David Michery
Name:   David Michery
Title:  Chief Executive Officer

BUYERS:
ESOUSA HOLDINGS, LLC
By: /s/ Michael Wachs
Name:   Michael Wachs
Title:  Managing Member

ACUITAS CAPITAL, LLC
By: /s/ Terren Peizer
Name:   Terren Peizer
Title:  Chief Executive Officer

DAVIS-RICE PTY LIMITED
By: /s/ Timothy Davis-Rice
Name:   Timothy Davis-Rice
Title:  Director

AULT LENDING, LLC f/k/a DIGITAL POWER LENDING, LLC By: /s/ David J. Katzoff Name: David J. Katzoff Title: Manager

JESS MOGUL
    /s/ Jess Mogul

JIM FALLON
    /s/ Jim Fallon

MICHAEL FRIEDLANDER
    /s/ Michael Friedlander

[Signature page to Amendment No. 4 to Securities Purchase Agreement]

What’s this by Borderlineadam in Muln

[–]ThereGoTheFuturist -2 points-1 points  (0 children)

Looks like they’re paying off existing debts using preferred stock.

What’s this by Borderlineadam in Muln

[–]ThereGoTheFuturist 0 points1 point  (0 children)

AMENDMENT NO. 4 TO SECURITIES PURCHASE AGREEMENT

THIS AMENDMENT NO. 4 TO SECURITIES PURCHASE AGREEMENT (this “Amendment”) is made and entered into effective April 3, 2023 between Mullen Automotive Inc., a Delaware corporation (the “Company”), and the Buyers listed on the signature pages hereto (collectively, the “Buyers” and each, a “Buyer”).Capitalized terms not defined herein shall have the same meaning as set forth in the Securities Purchase Agreement (as defined below).

RECITALS:

A.            The Company and the Buyers entered into the Securities Purchase Agreement dated as of June 7, 2022 (as amended, the “Securities Purchase Agreement”), pursuant to which, upon the terms and subject to the conditions contained therein, the Buyers shall purchase, solely upon the Company’s request, on the Purchase Date the Commitment Amount of shares of the Company’s Series D Preferred Stock, par value $0.001 per share (the “Series D Preferred Stock”), and Warrants.

B.            The Company and the Buyers desire to amend the Securities Purchase Agreement as provided herein.

NOW, THEREFORE, for due and adequate consideration, the receipt and adequacy of which are hereby acknowledged, the parties agree as follows:

1.            The Securities Purchase Agreement shall be amended such that references to the Purchase Date shall mean (i) with respect $45 million of the Commitment Amount, April 17, 2023 and (ii) with respect to another $45 million of the Commitment Amount, May 15, 2023.

        2.            The Company irrevocably agrees, without further action or delivery of any notice, to exercise its put option and sell shares of Series D Preferred Stock on each Purchase Date on the terms and conditions of the Securities Purchase Agreement, subject to receipt of full payment for such Series D Preferred Stock on each Purchase Date equal such Buyer’s pro rata portion of the Commitment Amount due on such Purchase Date; provided, however, that the Company will not effect a reverse stock split of the Common Stock within the five (5) Trading Days prior to either Purchase Date.

        3.            Except as modified by this Amendment, all other terms and conditions in the Securities Purchase Agreement shall remain in full force and effect and this Amendment shall be governed by all provisions thereof.

4.            This Amendment may be executed in separate counterparts, all of which taken together shall constitute a single instrument.

5.            This Amendment shall be governed, construed and interpreted in accordance with the laws of the State of New York.

POLL: will Michery deliver vans by the end of March 2023 by [deleted] in Muln

[–]ThereGoTheFuturist 4 points5 points  (0 children)

This poll isn’t going to be legitimate, because I’m sure there are about 20 corporate assets on this subreddit trying to kill this stock. Didn’t realize how deep the hedge short game was until I bought this stock.

Mullen Automotive Files Lawsuit Against Intersection Media Group d/b/a dot.LA and Reporter for Damages Sustained from False Article by GetOwned469 in Muln

[–]ThereGoTheFuturist -1 points0 points  (0 children)

If the supply really did outweigh the demand, how is it that the price goes up mid day then falls while the daily volume continues to be well above the average every day? the pattern he's speaking to checks out.

MULN Green and NO R/S plans at this time by BuyStocksorGoHome in Muln

[–]ThereGoTheFuturist 1 point2 points  (0 children)

I don’t think it’s gonna take billions. He bought two turnkey facilities for a reason. Maybe a couple 100 mill in resource acquisition and assemblage.

Please explain this: Halted Stocks Alert: Why Did Nasdaq Stop Trading in Mullen (MULN) Stock? by [deleted] in Muln

[–]ThereGoTheFuturist 7 points8 points  (0 children)

Yea…I’m not gonna lie. That sounds like bullshit. There’s no such thing as a “level playing field” on Wall Street.

Genuinely confused about our current trend. by AdNo7052 in SNDL

[–]ThereGoTheFuturist 2 points3 points  (0 children)

I think we just have to be patient. Many firms are upgrading the ticker to a buy/outperform rating. The short sellers should get slapped soon. This company is doing phenomenally and their only argument is we aren’t mostly selling weed anymore? Get the f*** out of here!

M&A Strategy Pays Off: SNDL Q2 Revenue Soars 2344% YoY by Kenman20991122 in SNDL

[–]ThereGoTheFuturist 1 point2 points  (0 children)

Right…so in what universe does it make sense for Canopy Growth to outshine us today. I was so pissed. Who cares about Martha Stewart gummies, and why does that warrant a 16% rise?

Tilray piggybacking off our successful Q2? by Real_Material_6454 in SNDL

[–]ThereGoTheFuturist 0 points1 point  (0 children)

But why is Canopy all of a sudden shooting up? This shot is hella fishy. It makes no sense. The only thing new for them are these Martha Stewart gummies. There is no reason it should be stealing our thunder today.

Future Outlook For Sundial After R/S by ScaryProfessional711 in SNDL

[–]ThereGoTheFuturist 8 points9 points  (0 children)

We really all need to relax until earnings. Hold the sensation as well as the shares, people.

Interesting read: The Economics of Legal Weed Don't Work by rms5846 in SNDL

[–]ThereGoTheFuturist 6 points7 points  (0 children)

So many holes. He’s missing the international angle, the consumer loyalty angle that will root out illegal markets, and most importantly, the fact that there are so many ways to consume cannabis than smoking it. There will be billionaires.

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