InvestorNewsBreaks

Friday Jun 13, 2025 - 3:41 pm

InvestorNewsBreaks – SolarBank Corp.’s (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Forest Hill Rd Project Adds to Growing Development Pipeline

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) was featured in a recent article that discussed its momentum with the development of its Forest Hill Rd solar project in upstate New York. “The 4.584 megawatt DC installation will operate as a community solar facility, contributing renewable energy to the local grid and offering cost savings to approximately 540 homes,”…

Friday Jun 13, 2025 - 2:49 pm

InvestorNewsBreaks – Driving the Future of Powersports: Massimo Group’s (NASDAQ: MAMO) Bold Strategy for Market Growth

As the powersports and recreational watercraft industries experience a notable upswing, Massimo Group (NASDAQ: MAMO) is taking a proactive approach through domestic manufacturing, strategic partnerships, and product diversification—initiatives that position the company to capitalize on emerging opportunities. Fueled by growing consumer enthusiasm for outdoor recreation and the multi-purpose appeal of vehicles like those in Massimo’s lineup, the global powersports market—valued at $37.96 billion in 2023—is…

Friday Jun 13, 2025 - 2:36 pm

InvestorNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Reported Q1 2025 Results, Advanced Toward Commercialization Following VALID-ECG Study Success

HeartBeam (NASDAQ: BEAT) reported financial results and operational highlights for the first quarter of 2025, marking significant progress toward commercialization of its 12-lead ECG synthesis software. The company successfully met clinical endpoints in its VALID-ECG pivotal study, demonstrating a 93.4% diagnostic agreement with standard ECGs, and engaged in productive discussions with the FDA on its 510(k) submission. During the quarter, HeartBeam entered a strategic collaboration…

Friday Jun 13, 2025 - 2:10 pm

InvestorNewsBreaks – Why Beeline Holdings Inc. (NASDAQ: BLNE) Is ‘One to Watch’

Beeline Holdings (NASDAQ: BLNE) is a technology-forward mortgage and title platform leveraging AI, automation, and intuitive user experiences to simplify home financing. “Through wholly owned subsidiary Beeline Loans Inc., the company delivers fast and flexible loan solutions for both primary homebuyers and real estate investors. Beeline has built an end-to-end digital lending ecosystem designed to eliminate friction, reduce costs, and dramatically shorten closing timelines,” reads…

Friday Jun 13, 2025 - 10:55 am

InvestorNewsBreaks – RedCloud Holdings plc (NASDAQ: RCT) to Participate in ROTH 15th Annual London Conference

RedCloud Holdings (NASDAQ: RCT) announced that CEO and Co-Founder Justin Floyd will attend the ROTH 15th Annual London Conference, taking place at the Four Seasons Hotel London at Park Lane. The event provides a platform for RedCloud to engage with investors and industry stakeholders in an international setting. To view the full press release, visit https://ibn.fm/VPEqF About RedCloud RedCloud has developed and operates the RedCloud trading…

Friday Jun 13, 2025 - 9:15 am

InvestorNewsBreaks – Quantum BioPharma Ltd. (NASDAQ: QNTM) Plans Special Dividend Linked to Litigation Proceeds

Quantum BioPharma (NASDAQ: QNTM) announced plans to issue a special dividend in the form of Contingent Value Rights (“CVRs”) to holders of its Class B Subordinate Voting Shares on a 1:1 basis. The CVRs will entitle shareholders to a pro rata share of between 10% and 50% of any net proceeds recovered from the company’s pending $700 million+ litigation against several banks over alleged stock manipulation.…

Friday Jun 13, 2025 - 9:10 am

InvestorNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Highlights Progress on Phase 3 Psychedelic Therapeutics Program

Cybin (NYSE American: CYBN) (NEO: CYBN) issued a corporate update emphasizing continued momentum in its clinical pipeline, including the advancement of its lead candidate CYB003 into Phase 3 development. CEO Doug Drysdale underscored the growing regulatory clarity around psychedelic therapeutics and expressed optimism that Cybin’s IP portfolio and clinical strategy position the company to help transform mental health treatment. Drysdale also noted favorable shifts in…

Friday Jun 13, 2025 - 9:00 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Elects Board, Names Bruce Hansen as New Chair

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium and rare earth elements, announced the results of its annual and special meeting of shareholders held virtually on June 11. All eleven director nominees were elected with strong shareholder support, and Bruce D. Hansen was appointed Chair of the Board, succeeding J. Birks Bovaird, who had held the role since 2006 and…

Friday Jun 13, 2025 - 9:00 am

InvestorNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Appoints Jim Hunter to Board of Directors

Tonix Pharmaceuticals (NASDAQ: TNXP) a fully-integrated biotechnology company with marketed products and late-stage development candidates, announced the appointment of James “Jim” Hunter to its Board of Directors, effective June 12. Hunter previously served as Executive Vice President, Commercial, where he built the Company’s commercial subsidiary, Tonix Medicines, and led its entry into the migraine market. CEO Dr. Seth Lederman cited Hunter’s operational insight and commercial…

Thursday Jun 12, 2025 - 12:54 pm

InvestorNewsBreaks – Soligenix Inc. (NASDAQ: SNGX) Advances Clinical Programs, Eyes Critical Trial Results in 2025–2026

Soligenix (NASDAQ: SNGX) is a late-stage biopharmaceutical company dedicated to developing and commercializing treatments for rare diseases. The company recently announced its financial results for the first quarter of 2025 as well as accomplishments representative of Soligenix’s continued commitment to advance its pipeline of therapeutic candidates, focusing on areas with significant unmet medical needs. “Our strategic focus remains on advancing our clinical programs, and we…

Thursday Jun 12, 2025 - 11:24 am

InvestorNewsBreaks – FAVO Capital Inc. (FAVO) Targets SMB Lending Gap with Digital Platform, Custom Solutions

FAVO Capital (OTC: FAVO) is developing a digital lending platform to address the persistent financing gap faced by underserved small and medium-sized businesses (“SMBs”). Traditional banks often deny credit to these businesses due to outdated underwriting models, creating a market ripe for disruption. FAVO is responding with fast, flexible, and accessible capital solutions for SMBs that are often overlooked. With more than 5.5 million new…

Thursday Jun 12, 2025 - 10:04 am

InvestorNewsBreaks – Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) Highlights Growth and SEPA Funding Ahead of BIO 2025 CEO Participation

Scinai Immunotherapeutics (NASDAQ: SCNI) announced that CEO Amir Reichman will participate in the BIO International Convention 2025, taking place June 16–19 in Boston. The company will present recent strategic, operational, and financial milestones, including its rapid CDMO business growth and progress on its nanobody pipeline. Scinai recently secured $1.38 million in funding via its Standby Equity Purchase Agreement with Yorkville Advisors, boosting capital without warrants…

Thursday Jun 12, 2025 - 9:23 am

InvestorNewsBreaks – Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) Files Updated Resource Estimate for Condor Gold Project in Ecuador

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) has filed an updated mineral resource estimate for its Condor gold project in Ecuador. The filing follows its May 12, 2025, announcement and includes the "Independent Technical Report for the Condor Project, Ecuador," prepared by SRK Consulting (Canada) Inc., with an effective date of Feb. 28, 2025. To view the full press release, visit https://ibn.fm/KRqia About Silvercorp Silvercorp…

Thursday Jun 12, 2025 - 9:11 am

InvestorNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) CEO to Speak at H.C. Wainwright Neuro Perspectives Conference

Cybin (NYSE American: CYBN) (NEO: CYBN) announced that Chief Executive Officer Doug Drysdale will participate in a virtual fireside chat at the H.C. Wainwright 6th Annual Neuro Perspectives Conference, scheduled for June 16–17, 2025. The company is advancing next-generation neuropsychiatric treatments aimed at transforming mental healthcare. To view the full press release, visit https://ibn.fm/BjhYH About Cybin Inc. Cybin is a clinical-stage biopharmaceutical company on a…

Thursday Jun 12, 2025 - 9:10 am

InvestorNewsBreaks – NRx Pharmaceuticals, Inc. (NASDAQ: NRXP) and HOPE Therapeutics to Present at H.C. Wainwright Neuro Perspectives Conference

NRx Pharmaceuticals (NASDAQ: NRXP) and its wholly owned subsidiary HOPE Therapeutics, Inc. announced participation in the H.C. Wainwright 6th Annual Neuro Perspectives Hybrid Conference, set for June 16–17, 2025. Dr. Jonathan Javitt, Founder, Chairman and CEO of NRx and Co-CEO of HOPE, will deliver a corporate presentation highlighting recent developments, available on demand to registered attendees starting at 7 a.m. ET on June 16. The…

Thursday Jun 12, 2025 - 9:00 am

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Launches Exploration at Storm Copper Project in Nunavut

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced the start of exploration activities at its Storm Copper Project on Somerset Island, Nunavut. Operated by American West Metals under a 20/80 joint venture, with Aston Bay retaining a free carried interest until a mining decision follows a bankable feasibility study, the program will include reverse circulation and diamond drilling targeting both resource expansion and deeper discoveries. A…

Wednesday Jun 11, 2025 - 3:09 pm

InvestorNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Trades Below S&P 500 Amid “Value Trap” Debate

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is currently valued at ~19× forward earnings—below the S&P 500 average of 22.5×—making it the cheapest of the “Magnificent Seven” and sparking discussion about whether its low price represents value or a potential trap. While its search dominance is under siege from AI challengers like ChatGPT and regulatory pressure could force asset divestitures, Alphabet also boasts strong assets—YouTube, Google Cloud, and…

Wednesday Jun 11, 2025 - 2:56 pm

InvestorNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Expands ‘Below Expectations’ Ratings in Midyear Reviews

Meta Platforms (NASDAQ: META) is reportedly preparing to invest approximately $14.8 billion for a 49% stake in Scale AI, a leading provider of data-labeling services critical to AI model training. As part of the deal, Scale AI’s CEO, Alexandr Wang, will join Meta to spearhead a new “superintelligence” lab alongside a 50person research team personally led by Mark Zuckerberg. The move comes in the wake of underperforming…

Wednesday Jun 11, 2025 - 2:51 pm

InvestorNewsBreaks – Why Vivakor Inc. (NASDAQ: VIVK) Is ‘One to Watch’

Vivakor (NASDAQ: VIVK), a vertically integrated energy infrastructure and environmental services company, is focused on the transportation, storage, reuse, and remediation of oilfield fluids and waste. “The company operates a large-scale oilfield trucking fleet, serving key U.S. energy regions, enabling end-to-end solutions for the handling of crude oil and produced water. Through long-term contracts and strategic asset positioning, Vivakor delivers critical services to upstream energy…

Wednesday Jun 11, 2025 - 1:45 pm

InvestorNewsBreaks – Snap Inc. (NYSE: SNAP) Unveils Next‑Gen “Specs” AR Glasses and Snap OS Enhancements

Snap (NYSE: SNAP) announced at the Augmented World Expo 2025 that its next-generation AR glasses, dubbed Specs, will be launched to consumers in 2026. These ultra‑lightweight, standalone wearable computers boast see-through lenses overlaying digital content on the real world and come powered by on-device AI. Snap OS is also receiving major upgrades: deep integrations with OpenAI and Google’s Gemini, a depth-module API for 3D spatial…

Wednesday Jun 11, 2025 - 1:35 pm

InvestorNewsBreaks – NVIDIA Corp. (NASDAQ: NVDA) Sparks Rally in Quantum Stocks After Declaring “Inflection Point”

NVIDIA (NASDAQ: NVDA) ignited a surge in quantum computing stocks after CEO Jensen Huang declared the industry had reached an “inflection point,” reversing prior skepticism about near-term applications. Speaking at the VivaTech conference, Huang said NVIDIA’s Cuda-Q platform is now enabling practical quantum-classical hybrid solutions in fields like chemistry and finance. The announcement boosted investor confidence in the space, sending shares of Quantum Computing Inc.…

Wednesday Jun 11, 2025 - 1:25 pm

InvestorNewsBreaks – Tesla Inc. (NASDAQ: TSLA) Delays Robotaxi Launch, Stock Rallies After Musk Calms Trump Feud

Tesla (NASDAQ: TSLA) announced a tentative June 22 debut of its long-awaited robotaxi service in Austin, Texas, following Elon Musk’s temporary retreat from a public spat with former President Trump. Musk indicated the launch date could shift as the company remains “super paranoid about safety.” Investor optimism returned, with analysts pointing to the rollout as a pivotal step toward scaling its autonomous ride-hailing ambitions—even as questions…

Wednesday Jun 11, 2025 - 1:15 pm

InvestorNewsBreaks – Broadcom Inc. (NASDAQ: AVGO) Rebounds as AI Growth Outpaces Tepid Guidance

Broadcom (NASDAQ: AVGO) shares climbed after the company posted strong fiscal Q2 results, with a 20% year-over-year revenue increase to $15 billion, fueled by a 46% surge in AI-related chip sales totaling $4.4 billion. While forward guidance was more reserved, the standout AI performance overshadowed broader concerns, prompting analyst upgrades and renewed investor confidence in Broadcom’s long-term positioning in the data infrastructure and AI markets.…

Wednesday Jun 11, 2025 - 11:01 am

InvestorNewsBreaks – Silo Pharma Inc. (NASDAQ: SILO) Receives USPTO Notice of Allowance for PTSD Treatment Patent

Silo Pharma (NASDAQ: SILO) announced that the U.S. Patent and Trademark Office has issued a Notice of Allowance for its licensed patent application related to biomarkers for evaluating prophylactic treatments for stress-induced affective disorders. The patent, set to be issued as U.S. Patent No. 12,329,726 on June 17, 2025, bolsters Silo’s intellectual property around its lead candidate SPC-15, an intranasal PTSD treatment licensed from Columbia…

Wednesday Jun 11, 2025 - 10:05 am

InvestorNewsBreaks – Telomir Pharmaceuticals (NASDAQ: TELO) Reports Preclinical Breakthrough with Telomir-1 in Wilson’s Disease Model

Telomir Pharmaceuticals (NASDAQ: TELO) announced new preclinical data showing its lead candidate, Telomir-1, significantly reversed neurological, liver, and kidney symptoms in a genetic animal model of Wilson's disease, a rare disorder caused by copper accumulation. In zebrafish mimicking human pathology, Telomir-1 delivered a 4- to 5-fold reduction in tremors, normalized movement behaviors, cut liver copper levels by 50%, improved organ histopathology, and restored key liver…

Wednesday Jun 11, 2025 - 9:36 am

InvestorNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Forms Strategic Alliance with Toronto Blizzard to Develop Global Soccer Talent Pipeline

Brera Holdings (NASDAQ: BREA) announced a strategic advisory agreement with Toronto Blizzard Corp., Canada's top soccer scholarship academy, to create a pathway for youth players into professional soccer by linking Blizzard’s development programs with Brera’s multi-club global network. Targeting the $69 billion youth sports and $37 billion sports tourism markets, the initiative aims to develop players ages 3 to 18 through shared coaching methodologies and…

Wednesday Jun 11, 2025 - 9:23 am

InvestorNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) CEO Talks Near-Term Production and Clean Mining Focus on Exploring Mining Podcast

ESGold (CSE: ESAU) (OTCQB: ESAUF) CEO and Director Paul Mastantuono joined the Exploring Mining Podcast to discuss the company’s fully permitted, near-production Montauban Project in Quebec. In the interview, Mastantuono highlighted ESGold’s strategic shift toward surface-accessible resources like tailings and low-cost ore bodies, positioning the company for accelerated production without the typical drilling-heavy approach of junior miners. He also covered recent leadership additions, share structure…

Wednesday Jun 11, 2025 - 9:20 am

InvestorNewsBreaks – Intelligent Bio Solutions Inc. (NASDAQ: INBS) Expands U.S. Forensic Market Presence Through SMARTOX Partnership

Intelligent Bio Solutions (NASDAQ: INBS) reported continued growth in the U.S. Forensic Use Only Market through its strategic alliance with SMARTOX, a Texas-based leader in drug and alcohol screening services. SMARTOX has deployed over 50 INBS Intelligent Fingerprinting Drug Screening Readers and conducted more than 7,000 tests to date—including over 1,500 in 2024—demonstrating rising demand for INBS' rapid, non-invasive testing solution. The technology offers a…

Wednesday Jun 11, 2025 - 9:10 am

InvestorNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) CEO to Speak on Pivotal Trials Panel at Psychedelic Science 2025

Cybin (NYSE American: CYBN) (NEO: CYBN) announced that CEO Doug Drysdale will speak at the Psychedelic Science 2025 Conference, held June 16–20 in Denver. Drysdale will participate in the panel “The Home Stretch: Pivotal Trials and Preparing for Launch” on Thursday, June 19 at 9:30 a.m. MDT. He emphasized the importance of collaborative dialogue in advancing psychedelic therapeutics, noting Cybin’s commitment to progressing clinical development…

Wednesday Jun 11, 2025 - 9:00 am

InvestorNewsBreaks – American Tungsten Corp. (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) Publishes NI 43-101 Report and Outlines Summer 2025 Drill Plans for Ima Mine

American Tungsten (CSE: TUNG) (OTCQB: DEMRF) (FSE: RK9) has released its NI 43-101-compliant technical report for the Ima Mine in Idaho and is finalizing the scope and budget for its summer 2025 exploration program. The program will include rehabilitation of the D level to support underground drilling and bulk sampling for metallurgical testwork. Exploration targets include extensions of the No. 5 and No. 7 veins,…

Wednesday Jun 11, 2025 - 9:00 am

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Expands Gochager Lake Property, Postpones Field Program Due to Saskatchewan Wildfires

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has expanded its Gochager Lake Property in Saskatchewan through additional staking, driven by reinterpretation of historic VTEM™ survey data and regional geological analysis identifying new nickel-copper-cobalt, VMS-style zinc-lead-silver, and gold exploration opportunities. The newly acquired claims include targets along the Gochager Trend and Borys VMS Trend, as well as gold-bearing quartz veins reporting up to 2.68 g/t Au.…

Tuesday Jun 10, 2025 - 2:50 pm

InvestorNewsBreaks – Nightfood Holdings Inc. (NGTF): Where Hospitality Meets High Tech

Nightfood Holdings (OTCQB: NGTF) is redefining the hospitality experience by blending artificial intelligence, robotics, and predictive analytics to help hoteliers deliver seamless, personalized service amid labor shortages and rising guest expectations. As one of the few publicly traded companies uniquely positioned at the intersection of hospitality and AI, NGTF offers a compelling investment opportunity. Through its subsidiaries, NGTF provides cutting-edge Robotics-as-a-Service (“RaaS”) solutions and is…

Tuesday Jun 10, 2025 - 12:52 pm

InvestorNewsBreaks – Calidi Biotherapeutics Inc. (NYSE American: CLDI) Taps Biotech Veteran to Lead Next Phase of Growth

Calidi Biotherapeutics (NYSE American: CLDI) recently announced the appointment of Eric Poma, PhD, as its new chief executive officer and member of the board of directors. The company was featured in an article that reads, “As Calidi Biotherapeutics continues to pioneer targeted antitumor virotherapies, the appointment of Dr. Poma as CEO represents a strategic move to harness experienced leadership for the company’s next phase of…

Tuesday Jun 10, 2025 - 10:17 am

InvestorNewsBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Advances Toward First Production at Montauban Project

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced key construction and technical milestones at its fully permitted Montauban Project in Quebec, including the successful installation of the Humphrey Spirals, which anchor the plant’s gravity separation circuit. The system supports processing up to 1,000 tonnes per day of historic tailings for gold, silver, and mica recovery. Lab testing of spiral circuit concentrate is underway to optimize recovery and…

Tuesday Jun 10, 2025 - 10:10 am

InvestorNewsBreaks – ONAR Holding Corp. (OTCQB: ONAR) Appoints Howard Palefsky to Board, Expands Governance Leadership

ONAR (OTCQB: ONAR) a marketing technology leader and agency network, has appointed veteran life sciences executive Howard Palefsky to its Board of Directors and named him Chair of the Governance and Nominating Committee. Palefsky brings decades of experience as a CEO, investor, and board member across healthcare, medtech, and capital markets, having contributed to over $4 billion in value creation through IPOs, M&A, and strategic…

Tuesday Jun 10, 2025 - 10:05 am

InvestorNewsBreaks – Foremost Clean Energy Ltd. (NASDAQ: FMST) (CSE: FAT) Secures Permit for Athabasca Basin Uranium Exploration

Foremost Clean Energy (NASDAQ: FMST) (CSE: FAT) announced it has received a three-year exploration permit from the Saskatchewan Ministry of Environment for its CLK Property in the Athabasca Basin. Valid through Dec. 31, 2027, the permit enables up to 30 drill holes and ground geophysics. The company is preparing a fully funded exploration program expected to commence in Q3 2025, with high-priority follow-up targets including…

Tuesday Jun 10, 2025 - 9:55 am

InvestorNewsBreaks – Oragenics Inc. (NYSE American: OGEN) to Spotlight Concussion Candidate at BIO 2025 and Neurotrauma Symposium

Oragenics (NYSE American: OGEN) announced that Head of Business Development Greg Gironda will present at the 2025 BIO International Convention from June 16–19 in Boston, while the company also attends the 42nd Annual National Neurotrauma Society Symposium from June 15–18 in Philadelphia. The events provide critical platforms to showcase ONP-002, Oragenics’ intranasal neurosteroid candidate for concussion treatment, and to connect with global leaders across neuroscience…

Tuesday Jun 10, 2025 - 9:45 am

InvestorNewsBreaks – ECGI Holdings Inc. (OTC: ECGI) Invests in AI-Driven Fantasy Sports Platform Payday Fantasy

ECGI Holdings (OTC: ECGI) announced a new investment by its Uplist Ventures arm in Payday Fantasy, a next-gen fantasy sports platform that blends artificial intelligence with social engagement. Unlike traditional betting apps, Payday combines smart picks, real-time advice, and interactive features inspired by DraftKings, Discord, and Twitch. The move aligns with ECGI's strategy to back early-stage companies with strong user traction and disruptive potential. Payday…

Tuesday Jun 10, 2025 - 9:25 am

InvestorNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) to Present at 2025 BIO International Convention

Tonix Pharmaceuticals (NASDAQ: TNXP) announced that CEO Seth Lederman, M.D., will present at the 2025 BIO International Convention in Boston. The presentation is scheduled for Mon., June 16 at 5:00 p.m. in Room 153B at the Boston Convention & Exhibition Center. To view the full press release, visit https://ibn.fm/Z8YYd About Tonix Pharmaceuticals Holding Corp. Tonix is a fully integrated biopharmaceutical company focused on transforming therapies…

Tuesday Jun 10, 2025 - 9:10 am

InvestorNewsBreaks – 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. To view…

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