What does NETE element do?
Net Element (NASDAQ: NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services. The company owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc.
What happened to Net Element?
Net Element and Mullen have a definitive deal for a triangular reverse merger with Mullen Technologies, a private company based in California. The closing of the transaction is conditional on SEC, shareholder and NASDAQ approval, and the completion of a capital raise of $10 million.
Is Net Element merging?
Shareholders of Net Element (NASDAQ:NETE) have approved the merger with Mullen Technologies and we expect the deal to close shortly. After the merger, all that will be left in the public company will be Mullen’s EV business. …
What is the meaning of NETE?
nete in British English (ˈniːˌtiː) noun music. 1. in Ancient Greek music, the name given to the highest note in each of the two highest tetrachords (the hyperbolaeon and the diezeugmenon); i.
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Is Mullen technologies publicly traded?
Mullen Automotive, Inc., a California corporation (“Mullen”) is a private company, no market exists for its securities, and Mullen has an accumulated deficit.
Is NETE a word?
No, nete is not in the scrabble dictionary.
Does net mean Internet?
The domain name net is a generic top-level domain used in the Domain Name System of the Internet. The name is derived from network, indicating its originally intended purpose was for organizations involved in networking technologies, such as Internet service providers and other infrastructure companies.
What was the stock price of Net Element?
Net Element’s stock was trading at $2.04 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NETE shares have increased by 451.5% and is now trading at $11.25. View which stocks have been most impacted by COVID-19. When did Net Element’s stock split?
Where can I buy shares of Net Element?
Shares of NETE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
How much money does Net Element make a year?
One share of NETE stock can currently be purchased for approximately $11.25. How much money does Net Element make? Net Element has a market capitalization of $58.50 million and generates $65.71 million in revenue each year.
When did Net Element release its quarterly results?
Net Element, Inc. (NASDAQ:NETE) released its quarterly earnings results on Monday, May, 17th. The company reported ($0.12) EPS for the quarter. The company earned $23.79 million during the quarter.