BNN Technology PLC Announces Further Extension of Expiration Date of Tender Offer for Shares of MICT Common Stock
MICT, Inc. (MICT)
US:NASDAQ Investor Relations:
micronet-enertec.com/ir-events%20&%20presentations.asp
Company Research
Source: PR Newswire
NEW YORK, May 29, 2019 /PRNewswire/ -- BNN Technology PLC ("BNN") today announced that it has further extended the expiration date of its previously announced tender offer to purchase up to 1,953,423 shares of the common stock of MICT, Inc. (NASDAQ: MICT) ("MICT") at a purchase price of $1.65 per share, net to the seller, in cash. The tender offer is being made in accordance with the acquisition agreement, dated as of December 18, 2018, between BNN, MICT and other parties thereto (the "Acquisition Agreement"). As amended, the tender offer will now expire at 5:00 p.m. EDT, on Friday, June 7, 2019, unless further extended or earlier terminated.Continental Stock Transfer & Trust Company, the depositary for the tender offer, has advised BNN that, as of 4:00 p.m., EDT, on Wednesday, May 29, 2019, an aggregate of 4,430,701 shares of common stock were properly tendered and not properly withdrawn. MICT's stockholders who have already tendered their shares of common stock of MICT do not need t
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