Mullen Automotive Resolves Legal Disputes with GEM

Mullen Automotive ( (MULN) ) has provided an announcement.

On June 5, 2025, Mullen Automotive completed the transfer of its Mishawaka manufacturing facility to GEM Yield Bahamas Limited and GEM Global Yield LLC SCS, as part of a settlement agreement resolving all legal disputes between the parties. This transfer, which satisfies a federal court judgment in GEM’s favor, allows Mullen to focus on its operational priorities and withdraws all pending legal proceedings, potentially impacting the company’s strategic focus and stakeholder relations.

Spark’s Take on MULN Stock

According to Spark, TipRanks’ AI Analyst, MULN is a Neutral.

Mullen Automotive faces significant financial and operational challenges, heavily weighing down its overall stock score. The financial performance is the most critical factor, showing severe distress. Technical analysis also indicates negative momentum. While corporate events provide some positive strategic developments, they are not enough to offset the other weaknesses.

To see Spark’s full report on MULN stock, click here.

More about Mullen Automotive

Mullen Automotive Inc. is a Southern California-based company specializing in the production of commercial electric vehicles (EVs). It operates two manufacturing plants in the United States, located in Tunica, Mississippi, and Mishawaka, Indiana. The company offers products like the Mullen ONE, a Class 1 EV cargo van, and the Mullen THREE, a Class 3 EV cab chassis truck, both certified for sale in the U.S. Mullen has a robust commercial dealer network across key U.S. markets and owns a majority stake in Bollinger Motors, an EV truck company.

Average Trading Volume: 1,070,016

Technical Sentiment Signal: Strong Sell

Current Market Cap: $4.49M

For an in-depth examination of MULN stock, go to TipRanks’ Overview page.