Electric Last Mile Solutions Inc (ELMSQ)

[Magnum7419]

$MULN If you build it they will come


OCT 7th

"The bankruptcy court in Delaware has scheduled an asset auction in the case for Oct. 7 and is considering a proposed asset purchase agreement with Mullen Automotive, which describes itself as an emerging electric vehicle maker"

MISHAWAKA, Ind. (WNDU) - The Mishawaka plant where the civilian Hummer was once built could soon have a new owner.

The front runner appears to be a California-based company called Mullen Automotive. $MULN

According to court documents, Mullen Automotive has offered more than $93 million in cash and other consideration to buy the plant and most of the other assets of Electric Last Mile Solutions (ELMS) – the company that planned to build electric trucks in Mishawaka but ended up filing for bankruptcy in June
https://www.wndu.com/2022/09/23/bidding-underway-acquire-assets-electric-last-mile-solutions/
https://investorshub.advfn.com/Electric-Last-Mile-Solutions-Inc-ELMSQ-39752