AI Evaluation Notes

Mullen Automotive (MULN) consistently failed to keep its stock price above $1 after the prediction date of February 26, 2025. The company implemented multiple reverse stock splits throughout 2025 in an attempt to comply with Nasdaq's minimum bid price requirement, yet its shares continued to trade at fractions of a dollar. Mullen received several delisting notices and warnings from Nasdaq due to non-compliance with listing rules, indicating that the predicted condition for delisting (stock price below $1) was met and the consequence was indeed 'likely'.