Because it was already priced in... everyone knew this was coming when the vote was approved... he'll it was priced in before the vote was approved because everyone knew it would be.... $MULN
$MULN I’m confused…this seems bad. Why is the price holding?
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@cooch1210 I think the price isn't dropping because Mullen strategically released the bad news Friday afternoon after the close or normal market hours, when most big traders have already checked out. Plus the fact that many haven't looked at the details of the filing to see that this is NOT the S-3 registration for the $275M SPA that was voted on a couple weeks ago, but rather for PRIOR agreements that the company signed back in 2020-2021.
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