Net Element (OTCQB: NETE), a global publisher of online destinations and soon-to-be operator of a mobile commerce platform for Russia and other emerging markets, and Cazador Acquisition Corporation (NASDAQ: CAZA, CAZAU, CAZAW), a special purpose acquisition company (SPAC), today announced the execution of a merger agreement that will infuse up to $81 million into Net Element and provide the necessary financial resources for the company’s next stage of growth.
Development StageAcquisition