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NetworkNewsBreaks – Pending Merger of Net Element, Inc. (NASDAQ: NETE) and Mullen Technologies Featured in The Spokesman Review

Company: Net Element Inc. (NETE)
Category: News

The pending merger of Net Element (NASDAQ: NETE) and Mullen Technologies, Inc. was featured in a recent article on The Spokesman Review titled, “Mullen Technologies’ plans for electric sports car manufacturing facility on the West Plains could accelerate under proposed merger.” The article, written by Amy Edelen, reads, “California-based Mullen Technologies could be one step closer to manufacturing its electric sports car on the West Plains with a recently announced merger that, if approved, would allow the company to become a publicly traded company.” This news follows Net Element’s announcement, last week, of its entry into a binding Letter of Intent (“LOI”) to merge with privately-held Mullen Technologies (http://nnw.fm/4keV2).

To view the full article, visit http://nnw.fm/o0Qfg

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(TM). In 2017 Net Element was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. For more information, visit the company’s website at www.NetElement.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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