Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ___ Commission file number: 001-34887 MULLEN AUTOMOTIVE INC. (Exact name of registrant as specified in its charter) Delaware 86-3289406 (State ...

Exhibit 99.1 Mullen Reports Q2 2024 Fiscal Quarter Results Positive stockholders’ equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 -- via IBN -- Mullen Automotive Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces financial results for the three and six months ended March 31, 2024, and a business update. Commenting on the r ...

Positive stockholders' equity of $117,414,643 as of March 31, 2024 Company has additional $150 million in capital commitments to support the scaling of commercial EV operations BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- -- via IBN -- Mullen Automotive, Inc. (NASDAQ:MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces financial results for the three and six months ended March 31, 2024, and a business update. Commenting on the results for the three and six months end ...

$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts These commitments satisfy the Company's capital needs over the next 13 months BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has received a $100 million financing commitment from a family office and has sold up to an additional $50 ...

BREA, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has been approved for Foreign Trade Zone ("FTZ") status with the U.S. Department of Commerce for its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi. A copy of Mullen's FTZ approval can be found here. With FTZ approval, the Company now qualifies for a variety of benefits, includin ...

Mullen Automotive (NASDAQ:MULN) stock is on the move Tuesday after the company confirmed that subsidiary Bollinger Motors has reached a service agreement with Amerit Fleet Solutions. According to a press release from the company, Amerit Fleet Solutions is going to provide mobile service and maintenance for Bollinger Motors’ commercial electric vehicles (EVs). That includes for customers that buy fleets of EVs from the Mullen subisidary. Amerit Fleet Solutions work will have it covering warranties on Bolling ...

DETROIT, May 7, 2024 /PRNewswire/ -- Bollinger Motors, Inc., an electric commercial vehicle ("EV") manufacturer, and Amerit Fleet Solutions ("Amerit"), a leading provider of customized fleet maintenance and repair programs nationwide, announced today that they have entered into an agreement for Amerit to provide mobile service and maintenance to Bollinger's commercial fleet customers. Bollinger B4 Under the terms of the agreement, the two companies will jointly provide EV service and warranty support for th ...

Shares of Mullen Automotive (NASDAQ:MULN) stock are accelerating over 30% higher after the company disclosed that it had adopted a poison pill plan. A poison pill plan is a strategy to deter another investor or investment firm from acquiring a large stake in a company. In the case of Mullen, this stake is defined as 10% or greater. As Mullen explained: “The Rights Plan is designed to enable all Company stockholders to realize the long-term value of their investment and is intended to protect Mullen and its ...

NAFG, a Sourcewell contract awardee, with two awarded contracts (#091521-NAF and #060920-NAF), provides fleet vehicle purchasing to state, local government and educational institutions with near-term orders and deliveries pending Sourcewell is a government agency that has fulfilled bidding requirements and holds hundreds of competitively solicited contracts ready for use BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric ...

The Rights Agreement is not a financing transaction and no additional shares of Common Stock or Preferred Stock or warrants or convertible notes are currently being issued in connection with the Rights Agreement BREA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, today announces that its Board of Directors (the "Board") has unanimously adopted a limited duration stockholder rights plan (the "Ri ...