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Net Element (NETE) seeking strategic alternatives

  • May 8, 2020

POTENTIAL DEAL DETAILS

StockNet Element, Inc.SymbolNETE
Date Announced05/06/2020Source Press release
TypeCompany Seeking Strategic Alternatives

Net Element, Inc. (NETE), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, today announces that its Board of Directors has authorized the Company to explore strategic alternatives for its business in order to unlock shareholder value.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.