Mullen (MULN) Acquires ELMS in Chapter 7 Approved Transaction

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Mullen Continues Acquisition Path with Purchase of ELMS Assets Including Factory in Mishawaka, IN., Enabling EV Production for Retail and Commercial Vehicle Lines

October 19, 2022 8:00 AM EDT

Mullens cash on hand and funding commitment of up to $240 million provides the company with access of up to $275 million to close acquisition and fund vehicle launches

BREA, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) --  via InvestorWire -- Mullen Automotive, Inc. (NASDAQ:... More

Mullen Continues Acquisition Path With Purchase of ELMS Assets Including Factory in Mishawaka, IN., Enabling EV Production for Retail and Commercial Vehicle Lines

October 19, 2022 8:00 AM EDT

Manufacturing Capability to Produce 50,000 Vehicles Per Year Mullens Cash on Hand and Funding Commitment of up to $240 Million Provides the Company With Access of up to $275 Million to Close Acquisition and Fund Vehicle

BREA, CA , Oct. 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire... More