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0.00169174606001248 0.000578755231056931 0.00429614459976857 0.0306295076128575 0.0284035259549462 0.0172736176653905 0.0150476360074794 0.0172736176653905
Stock impact report

IBN Coverage: Mullen Automotive (NASDAQ: MULN) Shares Video Update From CEO [Yahoo! Finance]

Mullen Automotive, Inc. (MULN) 
Company Research Source: Yahoo! Finance
LOS ANGELES, CA - ( NewMediaWire ) - September 26, 2024 - Mullen Automotive (NASDAQ: MULN) , an emerging electric vehicle ("EV") manufacturer, today shared a video update to shareholders provided by CEO and Chairman David Michery. In the video, Michery provides a detailed overview of the company's recent progress, including sales and distribution expansion and financial performance. According to the update, the company's sales activities with existing and new companies have resulted in new sales opportunities and vehicle orders received and or completed. Additionally, Mullen has secured financing to support sales growth through a $100 million preferred instrument and a $150 million fully available equity line. The update also highlighted Bollinger Motors' progress, including regulatory and sales approvals, its partnership with Roush Industries, and the commencement of production on the first customer-ready B4 electric trucks. "Our group of companies, including Bollinger Motors and Show less Read more
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