Mullen’s purchase of ELMS assets, Mishawaka plant approved by bankruptcy court

On October 19, Mullen Automotive announced U.S. Bankruptcy Court approval of its acquisition of Electric Last Mile Solutions (ELMS) assets in an all cash purchase.
Mullen’s cash-on -hand and funding commitment of up to USD 240 million provides the company with access of up to USD 275 million to close the acquisition ....

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