eliminate
22 horas hace
In the context of securities law, "in the absence of (A) an effective registration"
refers to the situation where securities are being offered, sold, transferred, or assigned without a valid and completed registration statement filed with the relevant regulatory authority, such as the U.S. Securities and Exchange Commission (SEC).
Here's a breakdown:
Effective Registration: This means the SEC (or other relevant regulator) has reviewed and approved the registration statement, making it legally valid for public offering or sale of securities.
Absence of Effective Registration: This means the required registration process has not been completed, and the securities are therefore considered "unregistered".
Securities Act of 1933: This act mandates the registration of securities offered for public sale, ensuring investors receive crucial information to make informed decisions.
Consequences of Offering Without Effective Registration:
Violation of Securities Laws: Offering or selling unregistered securities without an applicable exemption is a violation of federal securities laws.
Potential for Legal Action: Companies and individuals involved can face civil or criminal lawsuits from the government and investors, including penalties like fines, disgorgement of profits, injunctions, or even imprisonment.
Investor Risks: Investors in unregistered offerings may have less information about the company and face higher risks due to the lack of regulatory oversigh
BottomBounce
1 semana hace
$MULN Here's a breakdown of the key points:
Lawsuits and Allegations:
Mullen faced allegations of misleading investors about its EV production capabilities, business partnerships (including Qiantu Motors), and battery technology advancements.
One specific lawsuit claimed Mullen overstated its ability and timeline regarding production, exaggerated deals with partners like Qiantu Motors, overstated battery technology, and failed to disclose important information about financing agreements.
The company was also accused of misleading investors about its plans for reverse stock splits.
Hindenburg Research Report: A report by Hindenburg Research further fueled these allegations, claiming Mullen was an "EV Hustle" and highlighting issues like:
Inflated technology claims, including misleading battery announcements.
Rebranded Chinese EVs being presented as their own.
False purchase orders and misrepresented partnerships.
Questionable manufacturing facilities.
Concerns about the CEO's background.
Stock Drop: Following the Hindenburg report, Mullen's stock price dropped significantly.
Settlement: To resolve the lawsuit filed by investors, Mullen agreed to a settlement of $7.25 million.
Spoofing Lawsuit: Mullen has filed its own lawsuit alleging "spoofing" activity by certain firms, claiming they used high-frequency algorithmic trading to artificially depress Mullen's stock price.
In summary, Mullen Automotive has faced significant challenges related to alleged stock fraud, resulting in investor lawsuits and a settlement agreement.
Mullen Automotive, Inc. Sued for Securities Law Violations; Investors Should Contact Block & Leviton for More Information https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/mullen-automotive-inc.-sued-for-securities-law-violations-investors-s-702679
eliminate
1 semana hace
FINRA
FINRA Non-Exempt Volume
Number of short shares traded. This number is not provided by FINRA but we calculate it by subtracting the "Exempt" from the "Short Volume"
FINRA Exempt Volume
Number of short shares sold that were exempt from the uptick rule. This is provided by FINRA. This number is included in both the "Short Volume" and "Total Volume" numbers.
FINRA Short Volume
Number of short shares traded reported by FINRA. This includes both the exempt and non-exempt.
FINRA Total Volume
Total shares traded off exchange reported by FINRA
FINRA Short Volume Ratio
FINRA Short Volume / FINRA Total Volume
Market Date FINRA
Non-Exempt Volume FINRA
Exempt Volume FINRA
Short Volume FINRA
Total Volume FINRA
Short Volume Ratio
2025-06-27 2,584,628 + 735,551 = 3,320,179 / 5,178,902 = 64.11
2025-06-26 2,971,404 + 1,237,904 = 4,209,308 / 6,347,806 = 66.31
2025-06-25 4,689,515 + 599,822 = 5,289,337 / 8,762,401 = 60.36
2025-06-24 2,645,719 + 448,592 = 3,094,311 / 5,022,945 = 61.60
2025-06-23 1,946,005 + 776,003 = 2,722,008 / 4,050,452 = 67.20
2025-06-20 2,592,759 + 520,279 = 3,113,038 / 5,374,134 = 57.93
2025-06-18 1,469,605 + 332,375 = 1,801,980 / 2,895,508 = 62.23
2025-06-17 1,505,000 + 226,038 = 1,731,038 / 3,004,253 = 57.62
2025-06-16 6,316,633 + 1,175,016 = 7,491,649 / 12,771,414 = 58.66
2025-06-13 1,903,660 + 333,294 = 2,236,954 / 3,639,515 = 61.46