Mullen Automotive Enters Into Settlement Agreement with GEM Group

BREA, Calif. / NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today that it has executed a settlement agreement with GEM Yield Bahamas Limited and GEM Global Yield LLC SCS (together, "GEM"). "After four years of litigation we have executed a settlement agreement which provides a path forward to a full resolution with GEM and puts this matter behind us," said David Michery, CEO and ch ...