The Latest Breaking News from David Michery

Mullen Automotive Inc (NASDAQ:MULN) has removed $17.5 million in company debt. The company has also reduced its overall indebtedness from more than $30 million last year to an estimated $11 million currently. The debt was associated with a secured convertible promissory note executed on July 23, 2020, with DBI Lease Buyback Servicing LLC, an…

David Michery, CEO of Mullen Automotive Inc. (NASDAQ: MULN), was a guest speaker at Benzinga’s All Access on June 3rd, 2022.

Mullen Automotive Inc (NASDAQ:MULN) has put forth the results of its solid-state polymer battery testing with the Battery Innovation Center (BIC) in Indiana. "The battery has performed exceptionally well, and I'm pleased with the results from BIC in Indiana," said David Michery, CEO and chairman. Testing results from BIC show the solid-state polymer…

Mullen Automotive Inc (NASDAQ:MULN) reported preliminary cash and equivalents of $65.2 million as of Q2-end, primarily due to $43.9 million from the issuance of Series C Preferred Stock and associated warrants. Additionally, the company received $29.6 million in net proceeds under the $30 million Esousa Equity Line, dated September 1, 2021. Total assets…