Mullen Has Received A $100M Financing Commitment From A Family Office; Sold Up To $50M Of Senior Secured Convertible Notes To Family Offices For A Total Of $150M To Allow Mullen And Bollinger To Operate And Expand Domestic And International Commercial Sal
Mullen Has Received A $100M Financing Commitment From A Family Office; Sold Up To $50M Of Senior Secured Convertible Notes To Family Offices For A Total Of $150M To Allow Mullen And Bollinger To Operate And Expand Domestic And International Commercial Sal
$150 million capital infusion allows Mullen and Bollinger to operate and expand domestic and international commercial sales efforts
1.5億美元的資本注入使馬倫和布林格能夠運營和擴大國內和國際商業銷售工作
These commitments satisfy the Company's capital needs over the next 13 months
這些承諾滿足了公司未來13個月的資本需求
BREA, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) ("Mullen" or the "Company"), an electric vehicle ("EV") manufacturer, announces today the Company has received a $100 million financing commitment from a family office and has sold up to an additional $50 million of senior secured convertible notes to family offices and high net worth investors. These commitments satisfy the Company's capital needs over the next 13 months. The Company sold such investors $12.5 million in notes on May 14, 2024.
加利福尼亞州佈雷亞，2024年5月14日（GLOBE NEWSWIRE）——通過IBN——電動汽車（“電動汽車”）製造商馬倫汽車有限公司（納斯達克股票代碼：MULN）（“馬倫” 或 “公司”）今天宣佈，公司已收到家族辦公室的1億美元融資承諾，並已向家族辦公室和高淨值投資者額外出售高達5000萬美元的優先有擔保可轉換票據。這些承諾滿足了公司未來13個月的資本需求。該公司於2024年5月14日向這些投資者出售了1,250萬美元的票據。
With the $150 million funding commitment, the Company has enough cash and cash equivalents to fund operations over the next 13 months for both Mullen and Bollinger Motors, which includes Bollinger Motors B4 vehicle production.
有了1.5億美元的融資承諾，公司有足夠的現金和現金等價物爲未來13個月的馬倫和布林格汽車的運營提供資金，其中包括布林格汽車B4汽車的生產。