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Stock Symbol to Change to NASDAQ: TIO New Identity Reflects Company’s Focus on Leveraging the Tingo Brand and the Rapid Expansion of the Group’s Consolidated Fintech and Agri-Fintech Businesses MONTVALE, N.J., Feb. 24, 2023 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” or the “Company”) announced today that it is changing its name to Tingo Group, Inc. effective prior to the market open on Monday, February 27, 2023. The ticker symbol “MICT” will change to “TIO” and the stock will continue
Technologically Advanced Solar Power Plant to Provide Low-Cost, Sustainable Energy to Multi-Billion Dollar Food Processing Facility $150 million Evtec Energy Funded 110 Megawatt Solar Power Plant to Achieve Net Zero Carbon Emissions and Considerable Energy Cost Savings MONTVALE, N.J., Feb. 22, 2023 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” or the “Company”) announced today that its wholly owned subsidiary, Tingo Foods Plc (“Tingo Foods”), has entered into a partnership with Evtec Ene
Key Insights The considerable ownership by individual investors in MICT indicates that they collectively have a greater...
Tingo Visa Card and Payment Services Integrated with Revolutionary TingoPay Super App Collaboration on Merchant Services Aims to Transform Commerce and Trade Opportunities for Africa’s Farmers and SME Businesses The TingoPay Super App and Platform Offers Retail Customers Access to a Unique Range of Value-Added Products MONTVALE, N.J., Feb. 14, 2023 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT”), through its wholly-owned subsidiary Tingo Mobile, and Visa (NYSE: V), the global leader in di
Aims to be the Largest Food Processing Facility in Africa, Completing the Tingo Agricultural and Food Eco-System from Seed to Sale Farmers and Agricultural Sector in the Continent to Benefit from Significant Expansion of Africa’s Own Processing Capabilities, Delivering Financial Upliftment and Empowerment Expected to Materially Reduce Farmers’ Post-Harvest Losses and Achieve Significant Improvement in World’s Food Security Along with Considerable Environmental Benefits Immediate Material Increas
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 ListingMONTVALE, N.J., Feb. 07, 2023 (GLOBE NEWSWIRE) -- MICT, Inc. (NASDAQ: MICT) (“MICT” and the “Company”) announced today it has appointed special legal counsel, Warshaw Burstein LLP, The Christian Levine Law Group and Greenberg Taurig LLP, together with an extensive team of e
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 $7,0
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 au
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 was previously notified by Nasdaq on February 2, 2022 that it was not in compliance with the minimum bid price rule because it
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