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SHAREHOLDER ALERT: WeissLaw LLP Reminds WBT, FI, NETE, and MDCA Shareholders About Its Ongoing Investigations

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NEW YORK, July 1, 2021 /PRNewswire/ --

WeissLaw LLP (PRNewsfoto/WeissLaw LLP)
WeissLaw LLP (PRNewsfoto/WeissLaw LLP)

If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:

Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

Welbilt, Inc. (NYSE: WBT)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Welbilt, Inc. (NYSE: WBT) in connection with the proposed acquisition of the company by The Middleby Corporation ("Middleby"). Pursuant to the agreement, WBT's shareholders will receive 0.1240 shares of Middleby common stock for each share of WBT common stock that they hold, representing implied per-share merger consideration of approximately $21.48 based upon Middleby's June 30, 2021 closing price of $173.26. If you own WBT shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/wbt/

Frank's International N.V. (NYSE: FI)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Frank's International N.V. (NYSE: FI) in connection with the proposed acquisition of the company by Expro Group ("Expro"). Under the terms of the merger agreement, Expro shareholders will receive 7.272 FI shares per Expro share they own. Upon consummation of the transaction, FI shareholders will only own approximately 35% of the combined entity, with Expro shareholders owning approximately 65%. If you own FI shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslawllp.com/fi/

Net Element, Inc. (NASDAQ: NETE)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Net Element, Inc. (NASDAQ: NETE) in connection with the proposed merger of the company with Mullen Technologies, Inc. ("Mullen"). Upon close of the merger, Mullen shareholders will own 85% of the combined company and NETE's former shareholders will own 15%. If you own NETE shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/net-element-inc/

MDC Partners Inc. (NASDAQ: MDCA)

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of MDC Partners Inc. (NASDAQ: MDCA) in connection with the company's proposed combination with Stagwell Media LP. Under the terms of the agreement, MDCA's shareholders will receive just 26% of the common equity of the post-transaction entity. If you own MDCA shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://weisslawllp.com/mdca/

Cision
Cision

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SOURCE WeissLaw LLP