BRIEF-Mullen Announces Strong Forecast Of $75 Mln In GAAP Revenue For Next 6 Months

Reuters10-07

Oct 7 (Reuters) - Mullen Automotive Inc :

* MULLEN ANNOUNCES STRONG FORECAST OF $75M IN GAAP REVENUE FOR NEXT 6 MONTHS AND IMMEDIATE REDUCTION OF $5.5M IN MONTHLY OPERATING EXPENSES

* MULLEN AUTOMOTIVE INC - TO CUT EXPENSES WITH 20% VIA HEADCOUNT REDUCTION, PROGRAM ELIMINATIONS

* MULLEN AUTOMOTIVE INC - TO REDUCE MONTHLY SPEND FROM $12.8 MILLION TO $7.3 MILLION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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