DealPack Logistics LLC removed today the statement from its official website where it denied signing of the binding deal, ending what appears to have been a miscommunication between the companies on the announcement of the binding deal.
On Wednesday, and in response to the statement, Mullen filed the 8-K form confirming its previous press release reaffirming the binding deal which was signed by Eugene Goldberg from DelPack Logistics.
The deal was announced on Monday with Mullen Automotive unveiling the sign of a binding agreement with the Amazon Delivery service partner DelPack Logistics to acquire up to 600 Mullen Class 2 EV cargo vans over the next 18 months — until January 2024.
Later, in a statement published on its official website, Delpack denied the binding contract [read the full statement below] with the EV maker to purchase up to 600 vans but rather “an agreement to consider buying EV Fleet vans, if all conditions are met”.
BE THE FIRST ONE TO GET THE NEWS
Some hours later, Mullen filed an 8-K form reaffirming the sign of a binding deal with Dealpack Logistics LLC adding that the agreement includes “a one-time special purchase price of $35,000.00 for the first 600 Mullen Class One Electric Cargo Vans”.
When announcing the deal, Mullen CEO David Michery said the agreement was “a milestone for Mullen Automotive” adding that DelPack “is a leader in last mile package delivery and this agreement puts our Class 1 cargo van program front and center for last mile delivery opportunities.”
Recently, the company filed a form with SEC inviting shareholders for its Annual Meeting to be held at Nasdaq Building in New York on July 26. Among the themes to discuss in the meeting, the shareholders will vote to approve the increase of the aggregate number of authorized shares to 2,250,000,000 shares.