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Mullen Automotive | 8-K: Mullen Reports Strongest Fiscal Quarter in Company's History for Three Months Ended Dec. 31, 2023

Mullen Automotive | 8-K:Mullen Automotive公布截至2023年12月31日的三個月是公司歷史上最強勁的財政季度

SEC announcement ·  02/13 22:49
牛牛AI助理已提取核心訊息
On February 13, 2024, Mullen Automotive Inc., an emerging electric vehicle manufacturer, reported its financial results for the quarter ending December 31, 2023, marking the strongest fiscal quarter in the company's history. The company delivered 231 vehicles during the quarter, a significant increase from the 35 vehicles delivered in the 12 months ending September 30, 2023. Mullen Automotive's strategic pivot to focus on commercial electric vehicles (EVs) has resulted in increased demand for its products, including the CAMPUS, Class 1 and Class 3 EVs, and PowerUP charging trucks. The net loss for common stockholders after preferred dividends decreased substantially from $376.9 million in the previous year's quarter to $61.4 million. The company also highlighted its production capacity increase at the Tunica plant, CARB certification for its Class 1 EV cargo van...Show More
On February 13, 2024, Mullen Automotive Inc., an emerging electric vehicle manufacturer, reported its financial results for the quarter ending December 31, 2023, marking the strongest fiscal quarter in the company's history. The company delivered 231 vehicles during the quarter, a significant increase from the 35 vehicles delivered in the 12 months ending September 30, 2023. Mullen Automotive's strategic pivot to focus on commercial electric vehicles (EVs) has resulted in increased demand for its products, including the CAMPUS, Class 1 and Class 3 EVs, and PowerUP charging trucks. The net loss for common stockholders after preferred dividends decreased substantially from $376.9 million in the previous year's quarter to $61.4 million. The company also highlighted its production capacity increase at the Tunica plant, CARB certification for its Class 1 EV cargo van and Class 3 EV truck, and progress at its battery module and pack development facility in Fullerton, California. Mullen Automotive regained compliance with the Nasdaq minimum bid price requirement and expects full Nasdaq compliance after its annual stockholder meeting on February 29, 2024. The company achieved several milestones, including certifications from CARB, federal EPA, NHTSA, and IRS approval as a 'qualified manufacturer,' making its vehicles eligible for federal EV tax credits. Mullen Automotive also announced collaborations and developments in its vehicle programs, including the Mullen FIVE EV Crossover and Mullen-GO Commercial Urban Delivery EV. The company's financial position includes $47.1 million in working capital and $88.9 million in cash as of December 31, 2023, with expectations to close on a $32 million loan in February 2024 to increase capital for vehicle production.
2024年2月13日,新興電動汽車製造商馬倫汽車公司公佈了截至2023年12月31日的季度財務業績,這是該公司歷史上最強勁的財政季度。該公司在本季度交付了231輛汽車,較截至2023年9月30日的12個月中交付的35輛大幅增加。馬倫汽車的戰略重點是專注於商用電動汽車(EV),這導致了對其產品的需求增加,包括CAMPUS、1級和3級電動汽車以及PowerUp充電車。普通股股東扣除優先股息後的淨虧損從上一季度的3.769億美元大幅下降至6140萬美元。該公司還強調了其在Tunica工廠的產能提高,其1級電動貨車和3級電動卡車的CARB認證,以及其位於加利福尼亞州富樂頓的電池模塊和電池組開發設施的進...展開全部
2024年2月13日,新興電動汽車製造商馬倫汽車公司公佈了截至2023年12月31日的季度財務業績,這是該公司歷史上最強勁的財政季度。該公司在本季度交付了231輛汽車,較截至2023年9月30日的12個月中交付的35輛大幅增加。馬倫汽車的戰略重點是專注於商用電動汽車(EV),這導致了對其產品的需求增加,包括CAMPUS、1級和3級電動汽車以及PowerUp充電車。普通股股東扣除優先股息後的淨虧損從上一季度的3.769億美元大幅下降至6140萬美元。該公司還強調了其在Tunica工廠的產能提高,其1級電動貨車和3級電動卡車的CARB認證,以及其位於加利福尼亞州富樂頓的電池模塊和電池組開發設施的進展。馬倫汽車恢復了對納斯達克最低出價要求的遵守,並預計在2024年2月29日的年度股東大會之後將完全符合納斯達克的要求。該公司實現了多個里程碑,包括獲得CARB、聯邦環保局、NHTSA的認證,以及美國國稅局批准的 “合格製造商”,使其車輛有資格獲得聯邦電動汽車稅收抵免。馬倫汽車還宣佈了其車輛項目的合作和發展,包括Mullen FIVE EV跨界車和Mullen-GO商用城市交付電動車。截至2023年12月31日,該公司的財務狀況包括4,710萬美元的營運資金和8,890萬美元的現金,預計將於2024年2月完成3200萬澳元的貸款,以增加汽車生產的資本。

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