Another EV Startup Goes Public - Mullen Meets Net Element
Electric-vehicle startups seem to be everywhere these days. And more than a few have used a “reverse merger” with an established company that’s already listed on Nasdaq as a way to go public.
Lordstown Motors, Fisker, and Canoo have announced deals like this, and Nikola has already done this type of deal.
In this case, Mullen Technologies, which is based in Southern California, will pair with Net Element, a company that works on mobile payment tech.
Tim Healey Sep 25, 20208