Mullen Automotive Declares It Won’t Conduct Another Financing In 2023 To Calm Investors

Mullen Automotive (NASDAQ: MULN) is flailing in an attempt to bolster investor confidence, announcing this morning that it has placed a moratorium on conducting any financings for the remainder of 2023. The company has indicated that it has sufficient capital on hand for “at least” the next 12 months, and that its assets are unencumbered … Continue reading Mullen Automotive Declares It Won’t Conduct Another Financing In 2023 To Calm Investors