Micronet Enertec Technologies

MICT, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. The firm uses its proprietary trading technology platforms to serve a range of growth sectors in the fintech space, including online brokerage for equities trading, online investment and wealth management services, sales of insurance products, and trading in certain commodities. It is also involved in the growing telematics and commercial mobile resource management market, with a focus on designing, developing, manufacturing, and selling mobile computing solutions that provide fleet operators and field workforces with computing solutions. The company was founded on January 31, 2002 and is headquartered in Montvale, NJ.

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Tingo Group, Inc. operates through its subsidiaries, focused on the growth and development of its financial technology offerings. The firm uses its proprietary trading technology platforms to serve a range of growth sectors in the fintech space, including online brokerage for equities trading, online investment and wealth management services, sales of insurance products, and trading in certain commodities. It is also involved in the growing telematics and commercial mobile resource management market, with a focus on designing, developing, manufacturing, and selling mobile computing solutions that provide fleet operators and field workforces with computing solutions. The company was founded on January 31, 2002 and is headquartered in Montvale, NJ.

Tingo Group Inc

MONTVALE, N.J., April 13, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (“Tingo” or the “Company”) announced today that it has received a Bid Price Compliance Letter from The Nasdaq Stock Market LLC ("Nasdaq") informing Tingo that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.

Tingo Group Regains Compliance with Nasdaq Minimum Bid Price Rule

MONTVALE, N.J., April 10, 2023 (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, 2023, to March 28, 2023. The Company has been given 180 calendar days to regain its compliance and achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive trading days.

Tingo Group, Inc. Provides Corporate Update to Stockholders

Acquisition of 100% of Tingo Mobile Completed on November 30, 2022, making the Company significantly profitable from December 1, 2022

Fintech and Agri-Fintech Company, Tingo Group, Inc., Reports Full Year 2022 Financial Results

MICT Announces Rebranding and Name Change to Tingo Group, Inc.

Technologically Advanced Solar Power Plant to Provide Low-Cost, Sustainable Energy to Multi-Billion Dollar Food Processing Facility

MICT, Through its Wholly Owned Subsidiary Tingo Foods Plc, Signs Partnership Agreement with Evtec Energy Plc to Build Zero Emission Solar Energy Plant to Power Food Processing Facility

Tingo Visa Card and Payment Services Integrated with Revolutionary TingoPay Super App

Visa and Tingo Mobile, an MICT subsidiary, Launch Partnership to Promote Financial Inclusion and Expand Access to Digital Payment Channels Across Africa

This piece discusses MICT, Inc., a relatively unknown and undiscovered company, that recently embarked on a transformative purchase of Tingo Mobile. After synthesizing its press releases, reviewing its S-4 (notably the due diligence sections), and speaking with, Darren Mercer, its CEO, I think it's real.

MICT, Inc.: The Next ESG Darling

Aims to be the Largest Food Processing Facility in Africa, Completing the Tingo Agricultural and Food Eco-System from Seed to Sale

MICT to Revolutionize Africa's Food Industry Through Wholly Owned Subsidiary, Tingo Foods, and Commitment to Develop Multi-Billion Dollar Food Processing Facility

Directors Initiate Multi-Faceted Strategy to Address Significant Disconnect Between the Company's Share Price and Its Believed True Value, Including Potential Security Repurchases, Special Dividend Programs, and a Dual Listing Directors Initiate Multi-Faceted Strategy to Address Significant Disconnect Between the Company's Share Price and Its Believed True Value, Including Potential Security Repurchases, Special Dividend Programs, and a Dual Listing

MICT Appoints Specialist Legal Counsel and Team of Expert Advisors to Investigate Suspected Market Manipulation and Illegal Naked Short Selling in Company's Stock and Take Appropriate Action

MONTVALE, N.J., Feb. 03, 2023 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” and the “Company”) announced today it has entered into repurchase agreements with certain holders of the outstanding warrants over its common stock. Pursuant to the agreements, MICT will repurchase warrants representing an aggregate amount of 28,117,835 shares of its common stock, for which it is paying $0.15 per share on March 3, 2023 and $0.10 per share on May 1, 2023 at an aggregate cost to the Company of $7,029,459.

MICT Announces Warrant Repurchase Agreement

MONTVALE, NJ, Dec. 30, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today the results of the proxy vote associated with the Company's Annual Shareholders' Meeting. The shareholders approved all five of the resolutions presented in the Definitive Proxy Statement, as sent to the Company's shareholders on December 8, 2022, including the election of the Board of Directors and approval of the executive officers' compensation plan; the appointment of Deloitte as independent auditor for the year ended December 31, 2022; an amendment to the Company's Certificate of Incorporation and an amendment to its Equity Incentive Plan.

SHAREHOLDER APPROVAL RECEIVED FOR ALL PROPOSALS AT MICT, INC. ANNUAL SHAREHOLDER MEETING

MONTVALE, NJ, Dec. 15, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today that it has received a Bid Price Compliance Letter from The Nasdaq Stock Market LLC ("Nasdaq") informing MICT that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.

MICT Regains Compliance with Nasdaq Minimum Bid Price Rule

Through Access to Nigeria's 60 Million Farmers v ia AFAN, and Through the Farmers of Ghana and Several Other Territories Expected to Come Online Soon, Tingo has A ccess to up to Several Billion Dollars Per Annum of Agricultural Produce for Export

MICT's subsidiary, Tingo Mobile, Launches Global Commodity Platform and Export Business from the Dubai Multi Commodity Centre - the World's No.1 Free Trade Zone

Acquisition of Tingo Inc. Operating Business and Assets Remains on Track to Close by November 30, 2022

MICT, Inc. Provides Corporate Update; Announces Company is Targeting a Considerable Share Repurchase Program Post-merger Close

AFAN Launch Commences Rollout of Nwassa Agri-FinTech Platform and Tingo Visa Products to AFAN's Membership of More Than 20 Million Farmers

MICT's ACQUISITION TARGET, TINGO MOBILE, TODAY LAUNCHES KEY PARTNERSHIPS WITH ALL FARMERS ASSOCIATION OF NIGERIA AND VISA

Revenue Increased 15% Quarter- o ver-Quarter to $13. 8 Million

MICT, Inc. Reports Third Quarter 2022 Results

MONTVALE, NJ, Nov. 09, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”) announced today it will report its third quarter 2022 financial results pre-market on Monday, November 14, 2022. A press release detailing these results will be issued in conjunction with the filing of MICT's 10-Q quarterly report with the SEC. The press release and 10-Q filing will be available on the Company's investor relations website at investors.mict-inc.com.

MICT, Inc. to Announce Third Quarter 2022 Financial Results on Monday, November 14, 2022

Completion of the Acquisition Gives MICT the Following Significant and Immediate Benefits :

MICT Scheduled to Complete Acquisition of Tingo, Inc. Operating Business and Assets Prior to November 30, Following Filing of Tingo Definitive Information Statement

Agreement Includes Commitment to Enrol l a Minimum of 2 0 Million Additional Subscribers to Tingo Mobile 's Agri-Fintech Platform s

MICT's MERGER TARGET, TINGO MOBILE, SIGNS TRADE AGREEMENT WITH THE UMBRELLA ORGANIZATION FOR ALL AGRICULTURAL AND COMMODITIES ASSOCIATIONS IN NIGERIA

New Merger Structure is Expected to Lead to a Number of Significant and Immediate Benefits to MICT :

MICT Enters Into New Merger Agreement To Acquire 100% of Operating Business and Assets of Tingo Inc.

NEW YORK , July 28, 2022 /PRNewswire/ --  Juan Monteverde , founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating MICT, Inc. (MICT), relating to its proposed merger with Tingo, Inc. Under the terms of the agreement, current MICT shareholders will own approximately 22.5% of the combined company. Click here for more information: https://www.monteverdelaw.com/case/mict-inc.

Shareholder Alert - The M&A Class Action Firm Announces the Investigation of MICT, Inc. - MICT

MONTVALE, NJ, July 27, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” ot the “Company”) announces that it has received a letter from Nasdaq granting it an additional 180-day extension, or until January 23, 2023 to evidence compliance with Nasdaq's $1.00 minimum bid price requirement.

Nasdaq Grants MICT Extension to Regain Compliance with the $1.00 Minimum Bid Price Rule

MONTVALE, NJ, July 20, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) today announces its intention to file its Form 10-Q outlining first quarter 2022 financial results by close of business on Friday, July 22, 2022.

MICT Scheduled to File First Quarter 2022 Financial Results Ahead of Close of Business Friday, July 22, 2022

$9.2M in Gross Profit by Insurance Business for Full Year 2021, of w hich $3.9M in Gross Profit Was Delivered in Q4 , Equating to Q uarter -o ver -Q uarter G rowth of 39.3%

MICT, Inc. Reports Fourth Quarter and Full Year 2021 Results with $55M Annual Revenues

MONTVALE, N.J., June 17, 2022 (GLOBE NEWSWIRE) -- MICT Inc. (Nasdaq: MICT) (the “Company), today announces that as previously disclosed it will announce its financial results for the fiscal year ended December 31, 2021 and file its Annual Report on Form 10-K for the same period, after market today.

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