NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Transfers Indiana Facility to Settle Legal Dispute with GEM

Mullen Automotive (NASDAQ: MULN) has finalized a settlement with GEM Yield Bahamas Limited and GEM Global Yield LLC SCS, resolving all outstanding legal disputes. As part of the agreement, Mullen has transferred full ownership of its Mishawaka, Ind. manufacturing facility to GEM, satisfying a prior federal court judgment. The move ends all related litigation and allows Mullen to refocus on its operational goals.

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