Mullen Files for Foreign Trade Zone Status in Tunica, Mississippi [Yahoo! Finance]
Mullen Automotive, Inc. (MULN)
Company Research
Source: Yahoo! Finance
FTZ status and benefits would include opportunity for improving Company cash flow through reduction of taxes, fees and deferment of import duties Mullen estimates that resulting deferred working capital on domestic sales could result in deferred capital outlays of $10 million for the remainder of fiscal year 2024 BREA, Calif., April 01, 2024 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN ) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, announces today the Company has filed for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce at its commercial vehicle manufacturing and assembly center located in Tunica, Mississippi. Mullen filed its application on March 25, 2024, and expects final determination within 30 to 90 days. Upon approval as a designated FTZ site, Mullen would qualify for a variety of benefits including deferment of payments on duties owed related to import fees. With FTZ approval the Company would be abl
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MULN
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- Pritchard EV and Mobile Road Service Solutions Debut All Electric Mullen ONE Roadside Assistance Vehicle at American Towman Showcase in Las VegasGlobeNewswire
- Mullen Adds One of the Largest US Commercial Dealers, Pritchard EV, to Dealer Network [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Mullen Adds One of the Largest US Commercial Dealers, Pritchard EV, to Dealer Network [Yahoo! Finance]Yahoo! Finance
MULN
Sec Filings
- 4/29/24 - Form 8-K
- 4/8/24 - Form 8-K
- 3/13/24 - Form 8-K
- MULN's page on the SEC website