WebOct 7, 2024 · MICT (NASDAQ:MICT) shares surged 33% premarket on Friday after the financial technology company announced a new merger deal, whereby it will acquire the … WebMay 10, 2024 · Tingo will merge into a newly-formed subsidiary of MICT. Tingo shareholders will receive new MICT common shares in an amount equal to ~77.5% in the combined company, and current MICT shareholders ...
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WebJul 26, 2024 · A Significant Milestone in the Merger of Nasdaq-listed Fintech and Agri-Fintech Company Serving the African and Asian Markets. NEW YORK, NY and MONTVALE, NJ, July 26, 2024 (GLOBE NEWSWIRE) — Tingo, Inc. (OTC Markets: TMNA) (“Tingo”) and MICT, Inc. (NASDAQ: MICT) (“MICT”) announced that they have filed a registration and … WebNov 29, 2024 · MICT believes the closing of the merger with Tingo, Inc. will resolve the Nasdaq minimum bid price requirement. If however for some reason the minimum bid price is not otherwise achieved, MICT will consider alternative options to regain compliance, including a reverse stock split of the issued and outstanding shares of common stock, as …
WebOct 7, 2024 · MICT (NASDAQ:MICT) shares surged 33% premarket on Friday after the financial technology company announced a new merger deal, whereby it will acquire the operating business and assets of Tingo . WebJun 19, 2024 · Under the terms of the Merger, which has been approved by the Boards of Directors of Tingo and MICT, Tingo will merge into a newly-formed subsidiary of MICT, with the Tingo shareholders receiving new MICT common shares in an amount equal to approximately 77.5% in the combined company, and current MICT shareholders owning …
WebMay 10, 2024 · Merger Would Create an over $900 Million Annual Revenue and Highly Profitable Nasdaq-listed Fintech and Agri-Fintech Company Serving the African and Asian Markets Combined Company Would Have a Portfolio of Best-in-Class Financial Platforms, Products and Services With a Global Expansion Strategy NEW YORK, NY and MONTVALE, … WebOct 7, 2024 · New Merger Structure is Expected to Lead to a Number of Significant and Immediate Benefits to MICT:. Expedited Acquisition of 100% of Tingo’s Operating Business and Assets; MICT to Consolidate the Revenues, Income and Balance Sheet of Tingo’s Operations from Closing (Income Before Tax for 1HY 2024: $298.4 million - as previously …
WebMay 13, 2024 · Nigerian FinTech Tingo Announces $900M Merger With MICT. Nigerian agri-FinTech company Tingo is set to merge with Nasdaq-listed financial services provider …
WebJul 26, 2024 · Once consummated, the Merger will represent a substantial move by both Tingo and MICT to globalize their businesses and synergistically leverage their proprietary … idiots in cars 92WebMay 10, 2024 · Under the terms of the Merger, which has been approved by the Boards of Directors of Tingo and MICT, Tingo will merge into a newly-formed subsidiary of MICT, with the Tingo shareholders receiving new MICT common shares in an amount equal to approximately 77.5% in the combined company, and current MICT shareholders owning … iss ccmWebNov 9, 2024 · The merger of Tingo Mobile and MICT is expected to create a highly profitable Fintech and Agri-Fintech company, with annualized revenues expected to exceed $1.0 billion, serving the African and Asian markets with a global expansion strategy.. Dozy Mmobuosi, the Chief Executive Officer of Tingo Mobile, commented: “The filing and mailing of the … idiots in fast cars 2022WebOct 7, 2024 · MICT, Inc (NASDAQ: MICT) forged a new merger agreement with Tingo Inc (OTC: TMNA) to acquire 100% of the operating business and assets of Tingo. Tingo is a … idiots in cars october 2022WebApr 10, 2024 · MONTVALE, N.J., April 10, 2024 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) today announces its receipt of a Notification Letter from Nasdaq that its stock has been under a minimum bid price of $1.00 for a period of 30 days, based upon the closing bid price during the period from February 14, 2024, to ... is scc melanomaWebNov 9, 2024 · Upon completion of the merger, MICT will own 100% of the operating business and assets of Tingo Mobile, in return for which MICT is issuing 19.9% of its common … is sccm a databaseWebJul 26, 2024 · A Significant Milestone in the Merger of Nasdaq-listed Fintech and Agri-Fintech Company Serving the African and Asian Markets NEW YORK, NY and MONTVALE, NJ, July 26, 2024 (GLOBE NEWSWIRE) -- Tingo ... idiots marty madagscar