Mullen transfers Mishawaka plant to GEM, settling all legal disputes

BOLLINGER INNOVATIONS, INC.

On June 5, 2025, Mullen transferred full ownership of its Mishawaka, IN manufacturing facility to GEM as part of a settlement.
The transfer satisfies a federal court judgment in GEM's favor and all terms of the May 9, 2025 Settlement Agreement.
All outstanding enforcement and post-judgment proceedings between Mullen and GEM are withdrawn with prejudice.
Mullen states the settlement allows the company to focus on forward-looking operational priorities.

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