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Mullen Automotive Inc. MULN
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Posted On: 10/28/2024 4:59:13 PM
Post# of 1087
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Gains $10M Support from Robert Bollinger to Propel B4 EV Truck Production

Mullen Automotive (NASDAQ: MULN) announced that Bollinger Motors founder, Robert Bollinger, has provided $10 million in non-dilutive debt financing to accelerate the production and sales of Bollinger’s all-electric Class 4 B4 truck. This funding supports Bollinger’s full-scale production efforts, with trucks now assembled by Roush Industries in Michigan, using over 70% U.S.-made content. Mullen CEO David Michery commended Bollinger’s continued commitment to building the brand, with more details on the financing to be filed in an upcoming Form 8-K with the SEC.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://nnw.fm/MULN

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