M&A - MULLEN AUTOMOTIVE INC.

Form Type: 8-K/A

Filing Date: 2025-06-16

Corporate Action: Acquisition

Type: Update

Accession Number: 000182912625004532

Filing Summary: On June 9, 2025, Mullen Automotive Inc. completed the acquisition and transfer of its manufacturing facility located in Mishawaka, Indiana to GEM Yield Bahamas Limited and GEM Global Yield LLC SCS. This transfer fulfills the terms of the Settlement Agreement and Release dated May 9, 2025, previously disclosed in the Company’s prior Form 8-K. Following this transaction, the Company issued a press release on June 10, 2025, detailing the asset transfer, which is included as an exhibit in this report. Amendment No. 1 is being filed to correct the reporting date of the settlement and transfer described in the document.

Form Type: 8-K

Filing Date: 2025-06-12

Corporate Action: Acquisition

Type: New

Accession Number: 000182912625004452

Filing Summary: On June 5, 2025, Mullen Automotive Inc. completed the transfer of its Mishawaka assets to GEM Yield Bahamas Limited and GEM Global Yield LLC SCS, which included the full ownership of its manufacturing facility located in Mishawaka, Indiana. This transfer fulfills the terms of a Settlement Agreement and Release dated May 9, 2025 with GEM, as previously reported in an earlier filing. Additionally, the company issued a press release on June 10, 2025, to announce this transfer, which is included as Exhibit 99.1 in this report.

Form Type: 8-K

Filing Date: 2025-06-02

Corporate Action: Acquisition

Type: New

Accession Number: 000182912625004128

Filing Summary: Mullen Automotive Inc. entered into a Settlement and Release Agreement with Robert Bollinger and the receiver for Bollinger Motors, Inc. This agreement stems from a lawsuit alleging breach of contract regarding a $10 million secured promissory note. Under the terms, Mullen agreed to pay $11 million to dismiss the lawsuit and release claims against both parties. Additionally, the Lender will transfer all shares of Bollinger to Mullen, increasing Mullen's ownership of Bollinger to 95%. On the same date, the court discharged the Receiver and dismissed the lawsuit with prejudice. A press release regarding this settlement was also issued on June 2, 2025.