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Net Element Inc (NETE.OQ)

NETE.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

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

Net element posts Q1 adjusted loss per share of $0.01
Tuesday, 17 May 2016 04:13pm EDT 

Net Element Inc : Net element reports first quarter 2016 results . Q1 adjusted loss per share $0.01 .Q1 revenue $11.26 million versus $5.54 million.  Full Article

Net Element, Inc announces termination of senior convertible notes
Friday, 16 Oct 2015 08:45am EDT 

Net Element, Inc:Announces termination of senior convertible notes.Says announced the termination of $5 million senior convertible notes.  Full Article

Net Element Inc to acquire Online Payments Innovator PayOnline
Wednesday, 27 May 2015 10:42pm EDT 

Net Element Inc:To acquire PayOnline for up to $8.4 mln in total consideration.Closing payment is $3.6 million cash, which has been paid into escrow and $3.6 million in stock.Additional consideration from earn-out incentives up to $1.282 million in cash and stock based on performance.  Full Article

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BRIEF-Net Element enters into amendment to master exchange agreement

* Net Element Inc - on March 3, 2017, net element, entered into an amendment to master exchange agreement dated as of May 2, 2016