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.

The Final CMS License, Expected in the Coming Weeks , Will Allow MICT to Roll Out its ‘Magpie Invest' Proprietary Stock Trading App Throughout the Singapore Market While Also Enabling it to Expand its Product Range

MICT Receives In-Principal Approval of Capital Markets Services License from the Monetary Authority of Singapore

Parties Enter into Amended and Restated Merger Agreement to Confirm Due Diligence Process is Successfully Completed

MICT and Tingo Complete Due Diligence Process Leading to Progression of Merger

MONTVALE, NJ, June 14, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) today announces its intention to file its Form 10-K outlining year-end financial results from 2021 by close of business on Friday, June 17, 2022.

MICT Scheduled to File Year End 2021 Financial Results Ahead of Close of Business Friday, June 17, 2022

MONTVALE, N.J., May 24, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”), today announced that it received written notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022 (“Q1 Form 10-Q”).

MICT Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) regarding its Inability to File its Form 10-Q Due to the Impact of Strict COVID-19 Lockdown Restrictions in China on the completion of its Audit)

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NEW YORK , May 17, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: MICT, Inc.  (NASDAQ: MICT)'s merger with Tingo, Inc. Under the terms of the proposed merger, Tingo will merge into a newly-formed subsidiary of MICT, with Tingo shareholders receiving new MICT common shares in an amount equal to approximately 77.5% in the combined company, and current MICT shareholders owning approximately 22.5% on a fully diluted basis following the closing. If you are an MICT shareholder, click here to learn more about your rights and options.

INVESTIGATION NOTICE: Halper Sadeh LLP Investigates MICT, EDTX, PTIC

MONTVALE, N.J., May 17, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (“MICT” or the "Company"), today announces the appointment of Sir David Trippier as a non-executive member of its Board of Directors.

MICT Appoints Sir David Trippier to its Board of Directors

NEW YORK, NY and MONTVALE, NJ, May 16, 2022 (GLOBE NEWSWIRE) -- On May 10, 2022, MICT, Inc. (NASDAQ: MICT) (“MICT” or “Company”) and Tingo, Inc. (OTC Markets: TMNA) (“Tingo”) announced they had executed a definitive agreement to merge and consolidate their operations (the “Merger”) to create a highly profitable Nasdaq-listed Fintech and Agri-Fintech company serving the African and Asian markets with a global expansion strategy.

MICT's Merger Target Announces its Q1 2022 Results

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NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, an investor rights law firm, is investigating whether the merger of MICT, Inc. (NASDAQ: MICT) and Tingo, Inc. is fair to MICT shareholders. Under the terms of the proposed merger, Tingo will merge into a newly-formed subsidiary of MICT, with Tingo shareholders receiving new MICT common shares in an amount equal to approximately 77.5% in the combined company, and current MICT shareholders owning approximately 22.5% on a fully diluted basis following t

MICT Stock Alert: Halper Sadeh LLP Is Investigating Whether the Merger of MICT, Inc. Is Fair to Shareholders

MONTVALE, N.J., April 25, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (“MICT” or the "Company"), today announced that it received written notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (“2021 Form 10-K”).

MICT Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1) Due to its Inability to File its Form 10-K Due to the Impact of Strict COVID-19 Lockdown Restrictions in China on the completion of its Audit)

Subject to Completion of the Audit, MICT Expects its Insurance Business to Report Continued Margin Improvement and its First Profitable Quarter in Q4 2021 With an Overall Significant Cash Position Subject to Completion of the Audit, MICT Expects its Insurance Business to Report Continued Margin Improvement and its First Profitable Quarter in Q4 2021 With an Overall Significant Cash Position

MICT Files Extension to Report 2021 Year-End Audited Financial Results Due to COVID Lockdowns in Chinese Branch Offices

The company has two businesses which seem in the early stages of fast growth.

MICT: A High-Risk, High-Reward Triple Play

MONTVALE, N.J., Feb. 02, 2022 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (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. 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 10 consecutive trading days.

MICT, Inc. Provides Corporate Update to Stockholders

Company Approved to Extend Authorized Common Share Count to 425 Million Shares to Create Flexibility for Growth Strategy

All Proposals Accepted at MICT, Inc. Annual Shareholder Meeting on December 23, 2021

MONTVALE, N.J., Dec. 15, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announces it has moved the date for its annual shareholder meeting to December 23, 2021 at 11:00 AM ET from December 21, 2021 in order to maximize shareholder participation. MICT's Board of Directors has agreed to extend the voting period by an additional 48 hours, thereby accommodating the wishes of a large group of shareholders while still holding the meeting prior to the Christmas holiday.

MICT, Inc. to Hold Annual Shareholder Meeting on December 23, 2021 at 11:00 AM ET

MICT Inc (NASDAQ: MICT) reported third-quarter revenue growth of 50% sequentially to $18.5 million, driven primarily by B2B insurance sales, beating the consensus of $18.05 million. Gross profit was $2.75 million, and the margin for the quarter expanded 940 basis points Q/Q to 14.8%.

MICT Beats Q3 Estimates, Clocks 50% Revenue Growth Sequentially

MICT, Inc. (MICT) CEO Darren Mercer on Q3 2021 Results - Earnings Call Transcript

The stock price of MICT Inc (NASDAQ: MICT) increased by 25% pre-market today. This is why it happened.

MICT (MICT) Stock: Why The Price Surged Today

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MICT Inc (NASDAQ: MICT) subsidiary Magpie Securities launched its mobile stock trading app Magpie Invest.  The Hong Kong SFC licensed trading app will be available to investors in Hong Kong.

MICT Unveils Mobile-Based Trading App For Hong Kong Investors

Magpie Invest is a Proprietary Platform and Technology that Offers Stocks from G lobal Exchanges, Real Time Market Dat a, and Analytics

MICT Subsidiary Magpie Securities Launches First Product, Magpie Invest – a Mobile-Based Stock Trading App – in Hong Kong

MICT Inc (NASDA: MICT) reported second-quarter revenue growth of 38% Q/Q to $12.3 million, missing the analyst estimate of $13.72 million. Gross profit declined to $0.67 million versus $1.9 million in the prior quarter, and the reduction was due to incentives used to attract a critical mass of new brokers/customers.

MICT Shares Slip After Missing Q2 Revenue Estimate

MICT's (MICT) CEO Darren Mercer on Q2 2021 Results - Earnings Call Transcript

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News for Micronet Enertec Technologies Stock (MICT)