Mullen Electric Car Technologies 😲 Stock Merger Net Element NETE DragonFly K50 MX 05 News Analysis
Mullen Technologies Stock Merger Net Element Electric Car NETE DragonFly K50 MX 05
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Net Element Enters Definitive Merger Agreement with Electric Vehicle Company Mullen Technologies
adminnSeptember 6, 2020
About Mullen Technologies:
Mullen Technologies is a Southern California-based licensed electric vehicle manufacturer with international distribution that operates in various verticals of businesses focusing in the automotive industry: Mullen Automotive, Mullen Energy, Mullen Auto Sales, Mullen Funding Corp., and CarHub. Each of these divisions provide Mullen with diversity of different products and services within the automotive industry.
https://mullenusa.com/wp-content/uploads/2019/05/mullen-katalog-no-spec.pdf
For more information, please visit: www.MullenUSA.com.
About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., the Company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017, Net Element was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies.
MIAMI, Aug. 05, 2020 (GLOBE NEWSWIRE) — via NetworkWire — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”) today announced the execution of a definitive agreement to merge with privately-held Mullen Technologies, Inc. (“Mullen”), a Southern California-based electric vehicle company, in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger Company.
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