Repurchases will be made under the plan using Net Element's own cash
resources. These repurchases, if and when effectuated, will be made
subject to market conditions, applicable legal requirements (including
federal and state securities laws as well as rules and regulations of
This press release does not constitute an offer to sell, or the solicitation of an offer to buy, these securities, nor will there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale is prohibited.
This press release contains forward-looking statements that are subject
to the safe harbors created under the Securities Act of 1933, as
amended, and the Securities Exchange Act of 1934, as amended. These
statements relate to future events or Net Element's future financial
performance and can be identified by the use of forward-looking
terminology such as "estimate," "project," "forecast," "plan,"
"believe," "may," "expect," "anticipate," "intend," "planned,"
"potential," "can," "expectation" and similar expressions, or the
negative of those expressions. These forward-looking statements are
based on management's reasonable current assumptions and expectations.
Such forward-looking statements involve risks, uncertainties and other
factors which may cause Net Element's actual results, levels of
activity, performance or achievement to be materially different from any
future results expressed or implied by such forward-looking statements,
and there can be no assurance that actual results will not differ
materially from management's expectations. Please refer to the risk
factors contained in Net Element's filings with the
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