Initial order includes Mullen ONE Class 1 EV cargo van for maintenance and material transport tasks with additional orders to follow Global Expert is a licensed freight forwarding company providing shipping solutions between the US and Armenia to worldwide destinations BREA, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- via IBN – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces a sale of the all-electric Mullen ONE Class 1 cargo van t ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in Mullen between February 3, 2023 and March 13, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 13, 2025 (GLOBE NE ...

EGI SWIFT semi solid-state batteries (SSB) are intended for use in commercial vehicles as well as other industrial applications including drone, E-aviation, robotics, aerospace, marine two-wheelers, power tools, and medical applications.Mullen has long been advancing a semi-solid-state battery solution and has worked on other initiatives with EGI for the past 18 months.Mullen’s production of EGI SWIFT batteries is slated to begin early 2026. Mullen will integrate the EGI SWIFT battery into its existing SSB ...

EGI SWIFT semi solid-state batteries (SSB) are intended for use in commercial vehicles as well as other industrial applications including drone, E-aviation, robotics, aerospace, marine two-wheelers, power tools, and medical applications.Mullen has long been advancing a semi-solid-state battery solution and has worked on other initiatives with EGI for the past 18 months.Mullen's production of EGI SWIFT batteries is slated to begin early 2026. Mullen will integrate the EGI SWIFT battery into its existing SSB ...

Core Viewpoint - Mullen Automotive Inc. will implement a 1-for-100 reverse stock split to comply with Nasdaq's minimum bid price requirement of $1.00, effective April 11, 2025 [1][2][3] Group 1: Reverse Stock Split Details - The reverse stock split will convert 100 shares of common stock into one share, reducing the total from approximately 220 million shares to about 2.2 million shares [5] - The reverse stock split will not change the par value of the common stock or the authorized number of shares [4] - No fractional shares will be issued; all fractional shares will be rounded up to the nearest whole share [5] Group 2: Company Background - Mullen Automotive is based in Southern California and focuses on manufacturing the next generation of commercial electric vehicles (EVs) [7] - The company has two vehicle plants located in Tunica, Mississippi, and Mishawaka, Indiana, and began commercial vehicle production in August 2023 [7] - Mullen's EV models, including the Mullen ONE and Mullen THREE, are certified by the California Air Resource Board and EPA, and are available for sale in the U.S. [7]

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Mullen Automotive, Inc. (NASDAQ: MULN) securities between February 3, 2023, and March 13, 2024, alleging that the company misled investors regarding its business prospects and financial health [1][2]. Allegations - The lawsuit claims that Mullen Automotive made misleading statements and failed to disclose critical information, including: - The company's lack of intent to implement a reverse stock split, despite the CEO believing it was necessary [2]. - Overstatements regarding partnerships with business entities such as RRDS and MAEO [2]. - Exaggerations about its battery technology capabilities and related partnerships [2]. - Misleading information about reverse stock splits [2]. - Knowledge of Lawrence Hardge's previous financial crimes, which was not disclosed to investors [2]. - Failure to disclose material information regarding financing agreements [2]. Next Steps for Shareholders - Shareholders interested in serving as lead plaintiffs must file their papers with the court by April 14, 2025 [3]. - Participation in the case is not required to be eligible for recovery, and shareholders can choose to remain absent class members [3]. Legal Representation - Robbins LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Mullen To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $75,000 in Mullen between February 3, 2023 and March 13, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, April 3, 2025 /PRNewswire/ - ...

Mullen and Bollinger source 67% and 71% of vehicle components from U.S. suppliers respectivelyBREA, Calif., April 03, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today that current Mullen and Bollinger commercial vehicle inventory are 100% assembled in the USA and are currently exempt from recently announced vehicle and component tariffs. Additionally, Mullen and Bollinger source 67% and 71% of veh ...

In a significant victory for Mullen and other emerging companies who have alleged losses due to stock manipulation, a federal judge denied IMC, Clear Street, and UBS's motion to dismiss the lawsuit, finding Mullen's claims were adequately pled. The litigation will now move forward into full discovery In the Federal Court's decision, received after the close of trading on March 28, 2025, Mullen won on all contested issues BREA, Calif., March 31, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive Inc. (NAS ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Mullen Automotive, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on April 14, 2025 [1]. Group 1: Class Action Details - Investors who purchased Mullen securities between February 3, 2023, and March 13, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by submitting a form or contacting the law firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by April 14, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Allegations - The lawsuit alleges that Mullen made false and misleading statements regarding its business operations, including the intent to implement a reverse stock split and overstating partnerships and technology capabilities [5]. - Specific allegations include misleading investors about financing agreements and failing to disclose the CEO's knowledge of prior convictions related to financial crimes [5]. - The lawsuit claims that these misrepresentations resulted in investor damages when the true information became public [5].