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.

MONTVALE, N.J., July 07, 2021 (GLOBE NEWSWIRE) -- Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) filed an amendment to the S-3 registration statement filing made on May 17, 2021. The Company again wishes to clarify the dual purposes of that filing, which are as follows: (i) to register a portion of the restricted shares it has already issued; and (ii) to register a new shelf registration statement to enable it to take advantage of potential growth opportunities in the future. The filing does not have any effect on the Company's number of shares presently issued and outstanding.

Today's MICT registration statement amends a May 17, 2021 filing and relates to the registration of a portion of issued restricted shares and the registration of a new shelf registration statement rather than new issuance of stock

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MICT Inc's (NASDAQ: MICT) board approved a $60 million capital injection to its subsidiary, Magpie Securities. Magpie developed and will operate MICT's online stock trading platform from Hong Kong.

MICT Board Ratifies $60M Capitalization in 2 Tranches for Magpie's Stock Trading Platform

Montvale, N.J., June 07, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) today announces its Board of Directors has approved a $60M capital injection from MICT to its wholly owned subsidiary, Magpie Securities (“Magpie”), which developed and will operate the Company's online stock trading platform from Hong Kong.

MICT Board Approves $60M Capitalization for Wholly Owned Subsidiary Magpie Securities to Fund Stock Trading Platform Launch

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Montvale, N.J., May 27, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) today announces it has been added to the MSCI USA Micro Cap Index effective as of the close of market today.

MICT Added to the MSCI USA Index

MICT, Inc. (MICT) CEO Darren Mercer on Q1 2021 Results - Earnings Call Transcript

MICT Inc (NASDAQ: MICT) reported first-quarter FY21 revenue of $8.9 million versus no revenue in the year-ago period, beating the analyst consensus of $3.43 million. The late December launch of the insurance division drove the revenue growth.

MICT Beats on Q1 Earnings

Shares of MICT (NASDAQ:MICT) moved higher by 6.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 73.33% year over year to ($0.04), which beat the estimate of ($0.05).

Recap: MICT Q1 Earnings

MONTVALE, N.J., May 24, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced its financial results for the first quarter ended March 31, 2021.

MICT, Inc. Reports First Quarter 2021 Financial Results and Provides Corporate Update

The stock price of MICT Inc (NASDAQ: MICT) increased by over 6% pre-market. This is why it happened.

MICT Stock Price: Over 6% Increase Pre-Market Explanation

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MONTVALE, N.J., May 20, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced today announces it will report first quarter 2021 financial results on Monday, May 24, 2021 before the market opens.

MICT, Inc. to Announce First Quarter Financial Results on Monday, May 24, 2021; Company to Hold Conference Call and Provide Corporate Update at 8:30 AM ET [Request for Submitted Questions for the Call]

MONTVALE, N.J., May 17, 2021 (GLOBE NEWSWIRE) -- Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) filed an S-3 registration statement. The Company wishes to note that the filing is for dual purposes as follows: (i) registering a portion of the restricted shares it has already issued; and (ii) registering a new shelf registration statement to enable it to take advantage of potential growth opportunities in the future. Today's filing does not have any effect on the Company's number of shares presently issued and outstanding.

MICT's filing of a registration statement today relates to registration of a portion of restricted shares previously issued, as well as the registration of a new shelf registration statement, and does not reflect a new issuance of stock

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MONTVALE, N.J., April 26, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced that on April 23, 2021 its majority-owned Micronet subsidiary secured certification to operate its smart camera product on T-Mobile's global mobile network.

MICT, Inc. Subsidiary Micronet, Inc. Secures Certification to Operate Its Smart Camera Product on T-Mobile's Global Mobile Network

The stock price of MICT Inc (NASDAQ: MICT) increased by over 10% pre-market. This is why it happened.

MICT Stock: Over 10% Increase Pre-Market Explanation

MONTVALE, N.J., April 16, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced that it has appointed seasoned financial executive Robert Benton to MICT's Board of Directors, replacing Jeff Bialos, who resigned from the Company's board of directors, effective April 12, 2021. In addition, current board member, John Scott will assume the role of non-executive deputy chairman of the Company's board of directors.

MICT, Inc. Welcomes Robert Benton to Its Board of Directors; John Scott to Assume Role of Non-Executive Deputy Chairman

MICT, Inc.'s (MICT) CEO Darren Mercer on Q4 2020 Results - Earnings Call Transcript

MONTVALE, N.J., March 31, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company"), today announced its financial results for the fourth quarter and full year ended December 31, 2020.

MICT, Inc. Reports Fourth Quarter 2020 and Full Year Results

Montvale, N.J., March 22, 2021 (GLOBE NEWSWIRE) -- MICT, Inc. (Nasdaq: MICT), (the "Company") announced today that it will release its financial results for the year ended December 31, 2020, on Wednesday, March 31, 2021 prior to the opening of the market. Management will host a conference call to discuss the results at 9:00 a.m. eastern standard time (EDT) EDT.

News for Micronet Enertec Technologies Stock (MICT)