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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
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&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element Fleet to acquire Car IQ for vehicle payment technology</title>
   <link>http://www.streetinsider.com/Mergers+and+Acquisitions/Element+Fleet+to+acquire+Car+IQ+for+vehicle+payment+technology/25685723.html</link>
   <description>

&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced a definitive agreement to acquire Car IQ, a San Francisco-based technology company specializing in connected vehicle payments. The transaction is expected to close in December 2025, subject to customary closing conditions.&lt;/p&gt;

&lt;p&gt;Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants without physical cards, PINs, or manual reconciliation. The company will operate as a subsidiary of Element Mobility following the acquisition.&lt;/p&gt;

&lt;p&gt;&quot;Digital payments is an important pillar of our Element Mobility strategy,&quot; said Kobi Eisenberg, President, Element Mobility and Autofleet. &quot;It enhances our connected ecosystem and positions us to deliver a</description>
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
   <link>http://www.streetinsider.com/Press+Releases/Element+to+acquire+Car+IQ%2C+creating+the+fleet+industry%27s+first+scaled+platform+for+intelligent%2C+vehicle-initiated+payments/25685715.html</link>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element to acquire Car IQ, creating the fleet industry's first scaled platform for intelligent, vehicle-initiated payments</title>
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&lt;p&gt;&lt;i&gt;Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in &lt;location value=&quot;LB/nam&quot; idsrc=&quot;xmltag.org&quot; &gt;North America&lt;/location&gt; &lt;/i&gt;&lt;/p&gt;&lt;p&gt;&lt;span class=&quot;legendSpanClass&quot;&gt;&lt;location value=&quot;LU/ca.on.tornto&quot; idsrc=&quot;xmltag.org&quot; &gt;TORONTO&lt;/location&gt; and &lt;location value=&quot;LU/us.ca.sanfrn&quot; idsrc=&quot;xmltag.org&quot; &gt;SAN FRANCISCO&lt;/location&gt;&lt;/span&gt;, &lt;span class=&quot;legendSpanClass&quot;&gt;&lt;chron&gt;Dec. 2, 2025&lt;/chron&gt;&lt;/span&gt; /PRNewswire/ - Element Fleet Management Corp. (TSX: EFN) (&quot;Element&quot; or the &quot;Company&quot;), the largest publicly traded, pure-play automotive fleet manager in the world, today announced a definitive agreement to acquire &lt;span value=&quot;ACORN:5020227436&quot; idsrc=&quot;xmltag.org&quot; &gt;Car IQ&lt;/span&gt;, a San Francisco–based technology company and pioneer in connected vehicle payments.&lt;/p&gt;
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   <title>Element Fleet Management plans private offering of senior notes</title>
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&lt;p&gt;Element Fleet Management Corp. (TSX: EFN) announced its intention to sell senior unsecured notes through a private offering not registered under the Securities Act of 1933, according to a company statement.&lt;/p&gt;

&lt;p&gt;The Toronto-based fleet management company plans to use net proceeds from the notes offering for working capital and general corporate purposes, which may include repaying existing debt.&lt;/p&gt;

&lt;p&gt;The notes will be offered only to qualified institutional buyers under Rule 144A of the Securities Act and to non-U.S. persons outside the United States under Regulation S. In Canada, the offering will be made through exemptions from prospectus requirements under applicable securities laws.&lt;/p&gt;

&lt;p&gt;Element</description>
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   <pubDate>Wed, 19 Nov 2025 08:41:21 -0500</pubDate>
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