Net Element (NASDAQ: NETE) is in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending stock-for-stock reverse merger with privately held Mullen Technologies Inc. Mullen today announced the debut date of the Mullen FIVE EV Crossover. According to the update, the company will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show (“LAIAS”). The Strikingly Different(TM) FIVE will debut in the South Hall on day one of international media and press days at LAIAS and will continue on display during the consumer days of the show, Nov. 19-28, 2021. In addition, Mullen will continue its momentum into 2022 by additionally displaying and showcasing the Mullen FIVE at the Consumer Electronic Show (“CES(R) 2022”), taking place Jan. 5-8, 2022, in Las Vegas. “Debuting the FIVE is a dream of mine that has been years in the making. I am really beyond words for what this means to me personally,” said David Michery, CEO and chairman of Mullen. “I want to take a moment and thank the Mullen team, whose focus has been making the FIVE a reality. Both the LA show and CES are two of the largest and most well-respected international automotive shows in the world. I cannot think of a better place for us to debut the FIVE, front and center for the world to see.”
To view the full news release, visit https://ibn.fm/j9zUH
About Net Element Inc.
Net Element 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. On Aug. 5, 2020, Net Element announced the execution of a definitive agreement to merge with privately held Mullen Technologies Inc., 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 (the “contemplated merger”). That contemplated merger is subject to customary closing conditions, regulatory approvals and shareholder approval for both companies. For additional information, visitwww.NetElement.com.
NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS 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. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)
For more information, please visit https://www.GreenCarStocks.com
Green Car Stocks is part of the InvestorBrandNetwork.