Mullen Automotive Acquires Additional Bollinger Motors Shares, Ownership Stake at 95%; Companies Continue Full Commitment to EV Customers, Vehicle Service OAK PARK, Mich. , June 5, 2025 /PRNewswire/ -- Bollinger Motors today announced it has emerged from receivership as its parent company Mullen Automotive Inc. (NASDAQ: MULN), an electric vehicle manufacturer, settled claims in a lawsuit filed ...
Transaction increases shareholder equity by approximately $3.5M As part of agreement, Mullen extinguishes significant debt, gains additional 21% ownership and regains full control of Bollinger Motors Bollinger to continue operating as a majority owned Mullen subsidiary; Mullen will continue to provide full financial backing on sales, service, and warranty of vehicles Bollinger to ramp up sales...
Mullen Automotive stock price jumped by more than 100% on Monday, making it one of the top companies in Wall Street. MULN stock jumped to a high of $0.4805 on Monday, its highest point since April 29.
On May 9, 2025, Company executed a settlement agreement with GEM Group. Under terms of the settlement agreement, GEM has a 55-day due diligence period, subject to extension by GEM, to evaluate the transfer to GEM of the Mishawaka assets in complete satisfaction of the judgement.
NEW YORK, April 22, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mullen Automotive, Inc. (NASDAQ:MULN) on behalf of long-term stockholders following a class action complaint that was filed against Mullen on March 26, 2025 with a Class Period from May 1, 2022 to March 26, 2025. Our investigati...
First 20 vehicles will be delivered in May to Cashflow on Wheels for FedEx routes in Texas and Georgia First 20 vehicles will be delivered in May to Cashflow on Wheels for FedEx routes in Texas and Georgia
NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Mullen Automotive, Inc. (NASDAQ:MULN) on behalf of long-term stockholders following a class action complaint that was filed against Mullen on March 26, 2025 with a Class Period from May 2022 to March 2025. Our investigation conc...
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