MissionIR Articles
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Falling Battery Prices Pave Way for EV Future; Net Element Inc. (NASDAQ: NETE) Positioned to Profit through Mullen Technologies Merger
EV battery prices becoming increasingly economical, dropping 87% in less than decade with additional 30% drop predicted by 2023 NETE plans to divest payments processing model to enter EV industry through merger with privately-held Mullen…
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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE) Announces Q3 2020 Financial Results
Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multichannel environment including point of sale (“POS”), e-commerce and mobile devices, today announced its financial results for…
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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Positioned at the Forefront of Reduced EV Manufacturing Costs
Net Element (NASDAQ: NETE) is transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. Timing looks optimal for the transition as new research from…
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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Technologies Ramping Up for EV Production
Net Element (NASDAQ: NETE) is transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. Mullen Technologies recently announced commencement of the build out of…
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MissionIRNewsBreaks – Net Element Inc.’s (NASDAQ: NETE) Foray into EV Market Driven by Dragonfly K50
Net Element (NASDAQ: NETE) has recently transformed its business model to become a pure-play electric vehicle (“EV”) manufacturer through its merger with privately-held Mullen Technologies Inc. The company is set to begin marketing its initial…
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Net Element Inc. (NASDAQ: NETE) Well-Poised to Capitalize as EV Market Set to Grow by 29% per Annum Over Next Decade
Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 Mullen expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 followed by its own…
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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE) Looks to Compelling Opportunity Through Pending Reverse-Merger
Net Element (NASDAQ: NETE) previously entered a definitive agreement to merge with Mullen Technologies, a Southern California-based electric vehicle (“EV”) company, in a move intended to maximize shareholder value. The pending reverse-merger will allow privately-held…
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Net Element Inc. (NASDAQ: NETE), Mullen Technologies Announce Facility Build-Out, Pre-Sales of Fully Electric EV
Mullen Technologies begins built-out of pilot facility, accepting orders for MX-05 SUV. Facility slated for April 2021 completion; first MX-05 SUVs rolling off production line by Q2 2022. In August, Net Element, Mullen Technologies announced…
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MissionIRNewsBreaks – Mullen Technologies Opens Pre-Sales for MX-05 Pure Electric SUV
Mullen Technologies Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, today announced that it is accepting preorders for its…
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MissionIRNewsBreaks – Mullen Technologies Inc. to Commence Construction of EV Pilot Facility Slated for Completion by April 2021
Mullen Technologies, an emerging electric vehicle (“EV”) manufacturer and technology company that previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE) in a stock-for-stock reverse merger, this morning announced that it will…
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Zacks Initiates Research on Net Element (NETE); Predicts $30 Per Share Target Price
Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 NETE expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 Company will also break…
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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE) Moves Into EV Market With Mullen Merger
Net Element (NASDAQ: NETE) is preparing to make an entrance into the electric vehicle (“EV”) market. The company, formerly focused on global financial technology and value-added solutions, has entered into a definitive merger agreement with…
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With Contender for Tesla Inc. (NASDAQ: TSLA) on Horizon, Net Element Inc.’s (NASDAQ: NETE) Proposed Merger with Mullen EV Bodes Well for Company
Mullen Technologies’ EV SUV “serious competition” for Tesla’s Model Y MX-05 will have more mass-market appeal than competition NETE has definitive agreement with Mullen outlining stock-for-stock reverse merger One of the most-recognized names in the…
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MissionIRNewsBreaks – ZCR Report Forecasts Possible Stock Jump for Net Element Inc. (NASDAQ: NETE)
Net Element (NASDAQ: NETE) was featured in a recent report by Zacks Small-Cap Research (“ZCR”) titled “Net Element Now Trades Based on a Valuation of Mullen Technologies.” The report provides an optimistic outlook for NETE…
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MissionIRNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Tech Visualize EV Manufacturing in 1.3M-Square-Foot Facility
Mullen Technologies, which previously entered a definitive agreement to merge with Net Element (NASDAQ: NETE), recently announced extension of a letter of intent (“LOI”) for the acquisition of a 1.3-million-square-foot electric vehicle (“EV”) manufacturing facility.…
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Proposed Merger Between Net Element Inc. (NASDAQ: NETE) and EV Manufacturer Mullen Technologies Offers New Investment Opportunity
EV sales rising despite declining economy due in part to policy initiatives, government incentives EV share prices making triple-digit percentage gains since Q2 2020 NETE divesting payments processing business model, entering EV industry through definitive…
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MissionIRNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Pending Merger Partner Brings Stiff Competition for Tesla Inc. (NASDAQ: TSLA)
Net Element’s (NASDAQ: NETE) pending merger partner, Mullen Technologies, an emerging electric vehicle (“EV”) manufacturer and technology company, was featured in a recent CarBuzz article. The piece titled, “New Tesla Model Y Rival Has Over…
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Net Element Inc. (NASDAQ: NETE) Works to Enhance Shareholder Value, Adapts to COVID-19 Fallout
NETE releases Q2 2020 financial report CEO notes impact of COVID-19 on financial results, points to continued efforts to increase shareholder value as merger approaches Shareholder letter provides clarification on expected number of shares Net…
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MissionIRNewsBreaks – Mullen Technologies Inc. to Attend Raymond James 2020 Virtual Diversified Industrials Conference
Mullen Technologies, a southern-California based, licensed electric vehicle (“EV”) manufacturer with international distribution that operates in various verticals of the automotive industry, which previously announced a definitive agreement to merge with Net Element (NASDAQ: NETE),…
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Net Element Inc. (NASDAQ: NETE) Full Speed into Electric Vehicle Market Via Merger with Mullen Technologies
NETE transforming into pure-play electric vehicles company through merger with Mullen Technologies Reverse merger will allow Mullen stakeholders to acquire majority of newly formed company, accelerating process of Mullen going public EV sales growing at…
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