Mullen Eliminates $17.5 Million in Company Debt
BREA, Calif., July 05, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it has eliminated $17.5 million in company debt and reduced its overall indebtedness from more than $30 million last year to an estimated $11 million currently. Mullen continues to strengthen its overall financial balance sheet with this recent…