Edition:
United States

Net Element Inc (NETE.OQ)

NETE.OQ on NASDAQ Stock Exchange Capital Market

0.78USD
26 May 2017
Change (% chg)

$0.00 (+0.13%)
Prev Close
$0.78
Open
$0.74
Day's High
$0.78
Day's Low
$0.74
Volume
12,045
Avg. Vol
38,390
52-wk High
$2.72
52-wk Low
$0.71

Latest Key Developments (Source: Significant Developments)

Net Element says unit entered into a loan agreement
Tuesday, 23 May 2017 06:08pm EDT 

May 23 (Reuters) - Net Element Inc ::Net Element Inc says unit entered into a loan agreement, pursuant to loan agreement and note, borrower borrowed from lender $2 million - sec filing.Net Element Inc - prior to maturity of loan, principal amount of loan will carry a floating interest rate of prime rate plus 6 pct per annum.Net Element Inc - loan maturing and becoming due and payable in full on may 20, 2019.  Full Article

Net Element reports Q1 loss per share $0.15
Monday, 15 May 2017 05:00pm EDT 

May 15 (Reuters) - Net Element Inc :Net Element reports first quarter 2017 results.Q1 loss per share $0.15.Q1 revenue rose 20 percent to $13.56 million.Q1 adjusted non-GAAP loss per share $0.11.Undertaking several strategic changes in mobile solutions segment, which should yield results in third-quarter of this year.  Full Article

Net Element's PayOnline expands services, launches online instant credit
Wednesday, 26 Apr 2017 08:45am EDT 

April 26 (Reuters) - Net Element Inc ::Net Element's PayOnline expands its suite of services, launches online instant credit.Net Element - PayOnline subsidiary has introduced "instant credit," new feature that allows online merchants to sell goods and services on credit.  Full Article

Net Element enters into amendment to master exchange agreement
Wednesday, 8 Mar 2017 05:58pm EST 

Net Element Inc : Net Element Inc - on March 3, 2017, net element, entered into an amendment to master exchange agreement dated as of May 2, 2016 .Net Element Inc - amendment extended outside date from December 31, 2016 to August 31, 2017-SEC filing.  Full Article

Net Element says to expand presence in North America through distribution and integrated-services programs
Wednesday, 25 Jan 2017 08:45am EST 

Net Element Inc : Net Element says in letter to shareholders- intend to expand presence in North America through distribution and integrated-services programs .Net Element says in letter to shareholders- intend to further consolidate and centralize operational infrastructure and resources.  Full Article

Net Element partners with Mashreqbank in United Arab Emirates
Tuesday, 22 Nov 2016 08:45am EST 

Net Element Inc : Net Element Partners with Mashreqbank in United Arab Emirates .Net Element Inc - payment gateway processing agreement with mashreqbank allows net element to process transactions for merchants in UAE.  Full Article

Net Element reports qtrly loss per share $0.46
Tuesday, 16 Aug 2016 08:45am EDT 

Net Element Inc : Qtrly loss per share $0.46 . Net Element reports second quarter 2016 results .Qtrly revenue up 98% to $13.7 million.  Full Article

Net Element enters into binding letter of intent with Paystar Inc
Thursday, 21 Jul 2016 08:31am EDT 

Net Element Inc : Net Element Inc says entered into a binding letter of intent with Paystar Inc- Sec filing . Says parties agreed to negotiate a definitive agreement to enter into a joint venture . Co will contribute to Newco up to $3.4 million as consideration for such 51 percent of Newco’s voting class a stock .Nexcharge or its current owners will collectively own 49% of Newco’s voting class a stock, Co will own 51% of Newco’s voting class a stock.  Full Article

Net Element files for secondary stock offering of up to $10.2 mln
Wednesday, 20 Jul 2016 06:14am EDT 

Net Element Inc :Says it has filed for a secondary stock offering of up to $10.2 million - SEC filing.  Full Article

Net Element Inc will effect a one-for-ten reverse stock split
Tuesday, 24 May 2016 11:00am EDT 

: Net Element Inc will effect a one-for-ten reverse stock split . Net Element Inc - Common stock will open for trading on NASDAQ capital market on May 25, 2016 on a post-split basis .Net Element Inc says action will reduce number of shares outstanding as of May 25th, 2016 from approximately 115.2 million to approximately 11.5 million.  Full Article

More From Around the Web

BRIEF-Net Element reports Q1 loss per share $0.15

* Undertaking several strategic changes in mobile solutions segment, which should yield results in third-quarter of this year Source text for Eikon: Further company coverage: