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Friday, 07/17/2020 10:15:19 AM

Friday, July 17, 2020 10:15:19 AM

Post# of 194478
July 13, 2020 9:05 AM

Mullen Technologies Inc. , a Southern California based licensed electric vehicle manufacturer with international distribution that operates in various verticals of businesses focusing in the automotive industry; Mullen Automotive, Mullen Energy, Mullen Auto Sales, Mullen Funding Corp., and Carhub, today announces it has executed an LOI with Axiom Financial for $135 million in funding to acquire and build out an electric vehicle manufacturing plant.
Mullen is also announcing it has extended the exclusivity period for the pending merger with Net Element (NASDAQ: NETE). The Parties amended the originally announced Letter of Intent (LOI) to reflect an extended exclusivity period of 30 days, until August 10th, 2020. According to Mullen, the pending merger is on schedule and both parties are working diligently to move forward as planned

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