ELMS | Jotup

Mullen Announces Funding to Close on ELMS Assets

Retrieved on:

Thursday, November 17, 2022

Bollinger, EVS, Engineering, Risk, Facial recognition, EV, ELMS, Consumer, PERSONA, Plant, Security (finance), Annual report, Form 10-K, Acquisition, Risk management, Mullen

BREA, CA, Nov. 17, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today receipt of $150 million on Nov. 16, 2022, which will be used in part to close on ELMS assets.

Key Points:

(NASDAQ: MULN ) (Mullen or the Company), an emerging electric vehicle (EV) manufacturer, announces today receipt of $150 million on Nov. 16, 2022, which will be used in part to close on ELMS assets.
Mullen is now in position to fund and close on ELMS assets and complete engineering, preparation and launch of EVs.
We are excited to announce today that we have the funding in place to close on the ELMS asset acquisition, said David Michery, CEO and chairman of Mullen Automotive.
With our Mullen, Bollinger and ELMS assets, as well as our plants, we are now in a unique position to be a leader in the new EV auto market, said Michery.

Mullen Announces Funding to Close on ELMS Assets

Retrieved on:

Thursday, November 17, 2022

Bollinger, EVS, Engineering, Risk, Facial recognition, EV, ELMS, Consumer, PERSONA, Plant, Security (finance), Annual report, Form 10-K, Acquisition, Renewable energy, Risk management, Mullen

(NASDAQ: MULN ) (Mullen or the Company), an emerging electric vehicle (EV) manufacturer, announces today receipt of $150 million on Nov. 16, 2022, which will be used in part to close on ELMS assets.

Key Points:

(NASDAQ: MULN ) (Mullen or the Company), an emerging electric vehicle (EV) manufacturer, announces today receipt of $150 million on Nov. 16, 2022, which will be used in part to close on ELMS assets.
Mullen is now in position to fund and close on ELMS assets and complete engineering, preparation and launch of EVs.
We are excited to announce today that we have the funding in place to close on the ELMS asset acquisition, said David Michery, CEO and chairman of Mullen Automotive.
With our Mullen, Bollinger and ELMS assets, as well as our plants, we are now in a unique position to be a leader in the new EV auto market, said Michery.

Cleantech and Climate Change Podcast - Interview with Founder and CEO of Mullen Automotive, Inc. Discussing Recent Acquisitions, Rollout and Manufacturing of EV Line of Products

Retrieved on:

Monday, November 7, 2022

David discusses recent news and milestones and lays out their future plans for manufacturing and sales.

Key Points:

David discusses recent news and milestones and lays out their future plans for manufacturing and sales.
He also shares insight into the path for revenue for the compact urban delivery electric vehicle, the I-GO, for European markets .
Any statements contained in this press release and the Podcast that are not statements of historical fact may be deemed forward-looking statements.
Investor Idea's original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast , Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast .

Cleantech and Climate Change Podcast - EV Stocks; The Growth Story Continues

Retrieved on:

Thursday, October 27, 2022

The I-GO will join Mullen's current commercial vehicle lineup which includes Class 1 and 2 EV cargo vans.

Key Points:

The I-GO will join Mullen's current commercial vehicle lineup which includes Class 1 and 2 EV cargo vans.
The Chevrolet Equinox EV and the GMC Sierra EV that we revealed in recent weeks, along with the Chevrolet Silverado EV and Blazer EV, are cornerstones of our strategy to rapidly grow EV volumes by winning in high-volume segments.
Visit the Cleantech and Climate Change Podcast page at Investorideas.com.
Investor Idea's original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast , Cleantech and Climate Change Podcast , Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast .

Mullen Continues Acquisition Path With Purchase of ELMS Assets Including Factory in Mishawaka, IN., Enabling EV Production for Retail and Commercial Vehicle Lines

Retrieved on:

Wednesday, October 19, 2022

Facility for Launch of Mullen Class 1 and Class 3 Commercial Delivery vehicles into Market in 2023.

Key Points:

Facility for Launch of Mullen Class 1 and Class 3 Commercial Delivery vehicles into Market in 2023.
This makes it the perfect fit for production of the Mullen and Bollinger portfolio of consumer vehicles.
Manufacturing optimization will include moving the Mullen FIVE EV Crossover production to the Mishawaka Factory from the Tunica, MS facility.
Tunica will now become the Commercial Manufacturing Center and capitalize to produce all Mullen and Bollinger Class 1 to 6 commercial vehicles.

Mullen Continues Acquisition Path with Purchase of ELMS Assets Including Factory in Mishawaka, IN., Enabling EV Production for Retail and Commercial Vehicle Lines

Retrieved on:

Wednesday, October 19, 2022

BREA, Calif., Oct. 19, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces the US Bankruptcy Court approval on Oct. 13th, 2022 of its acquisition of electric vehicle company ELMS’s (Electric Last Mile Solutions) assets in an all cash purchase. In the Chapter 7 approved transaction Mullen will acquire ELMS’s manufacturing plant, all inventory and intellectual property.

Key Points:

Facility, for Launch of Mullen Class 1 and Class 3 Commercial Delivery vehicles into Market in 2023.
This makes it the perfect fit for production of the Mullen and Bollinger portfolio of consumer vehicles.
Manufacturing optimization will include moving the Mullen FIVE EV Crossover production to the Mishawaka Factory from the Tunica, MS facility.
Tunica will now become the Commercial Manufacturing Center and capitalize to produce all Mullen and Bollinger Class 1 to 6 commercial vehicles.

Motorsport Games Announces Le Mans Virtual Series Ready for a Competitive 4 Hours of Monza

Retrieved on:

Wednesday, October 5, 2022

MIAMI, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announces today the entry list for the second round of the 2022-23 Le Mans Virtual Series, 4 Hours of Monza.

Key Points:

MIAMI, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Motorsport Games Inc. (NASDAQ: MSGM) (Motorsport Games) , a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, announces today the entry list for the second round of the 2022-23 Le Mans Virtual Series, 4 Hours of Monza.
Le Mans Virtual Series is a joint venture between leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, Motorsport Games, and the Automobile Club de lOuest (ACO) - the creator and organizer of the world-famous 24 Hours of Le Mans and promoter of the FIA World Endurance Championship (FIA WEC).
Motorsport Games, a Motorsport Network company, is a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world.
These forward-looking statements include, but are not limited to, statements concerning the timing, participants and expected benefits of the 2022-23 Le Mans Virtual Series, 4 Hours of Monza event.

ELECTRIC LAST MILE SOLUTIONS, INC. INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Continues its Investigation of Electric Last Mile Solutions and Forum Merger III Corporation’s Directors and Officers for Breach of Fiduciary Duties – ELMS, FI

Retrieved on:

Thursday, June 16, 2022

Security (finance), Mission statement, ELMS, Electricity, Compliance, U.S. Securities and Exchange Commission, Foundation, NASDAQ, Committee, Disagreement, Law, GLOBE, Disclosure, Audit

If you were an FIII shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .

Key Points:

If you were an FIII shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .
On June 24, 2021, FIII shareholders of record as of May 20, 2021, approved a merger between FIII and ELMS.
If you were an FIII shareholder, you may have legal claims against FIIIs directors and officers.
The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

Electric Last Mile Solutions Stock Alert: Former Shareholders of Forum Merger III Corp. May Have Legal Claims - Kehoe Law Firm, P.C.

Retrieved on:

Monday, June 13, 2022

Combined, Counsel, ESQ, INFO, ELMS, EXT, WHO, Fraud, Bloomberg, GLOBE, Disagreement, MICHAEL, Compliance, NASDAQ, SEC, Board, P.C, TO, Leading Counsel, Committee, Holding company, Online gambling, Electricity

is investigating whether certain officers and directors of Forum Merger III Corporation (Forum Merger), now known as Electric Last Mile Solutions, Inc. ("Electric Last Mile Solutions," ELMS) (NASDAQ: ELMS), breached their fiduciary duties to Forum Merger's shareholders.

Key Points:

is investigating whether certain officers and directors of Forum Merger III Corporation (Forum Merger), now known as Electric Last Mile Solutions, Inc. ("Electric Last Mile Solutions," ELMS) (NASDAQ: ELMS), breached their fiduciary duties to Forum Merger's shareholders.
INVESTORS OF ELECTRIC LAST MILE SOLUTIONS WHO HELD FORUM MERGER STOCK SHARES ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C.
On June 24, 2021, Forum Merger shareholders of record as of May 20, 2021 approved a merger between Forum Merger and ELMS.
ELMS SHAREHOLDERS WHO PREVIOUSLY HELD FORUM MERGER STOCK ARE ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT.

Scott+Scott Attorneys at Law LLP Advises Investors of its Continuing Investigation of Forum Merger III Corporation’s Directors and Officers for Breach of Fiduciary Duties – ELMS, FIII

Retrieved on:

Tuesday, June 7, 2022

Mission statement, Law, Security (finance), ELMS, U.S. Securities and Exchange Commission, GLOBE, Disagreement, Compliance, NASDAQ, Foundation, Electricity, Disclosure, Committee, Audit

If you were an FIII shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .

Key Points:

If you were an FIII shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .
On June 24, 2021, FIII shareholders of record as of May 20, 2021, approved a merger between FIII and ELMS.
If you were an FIII shareholder, you may have legal claims against FIIIs directors and officers.
The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.