MICT Reports Financial Results for the Year Ended December 31, 2019
MICT, Inc. (MICT)
US:NASDAQ Investor Relations:
micronet-enertec.com/ir-events%20&%20presentations.asp
Company Research
Source: PR Newswire
MONTVALE, N.J., Feb. 18, 2020 /PRNewswire/ -- MICT, Inc. (Nasdaq: MICT), today announced financial results for the twelve months ended December 31, 2019.On November 8, 2019, MICT (i) signed a merger agreement pursuant to which, in connection with the transactions contemplated thereby, MICT shall diversify into the global fintech industry, and (ii) entered into definitive agreements to raise $25 million in convertible debentures.On January 21, 2020 MICT filed a preliminary proxy statement for the approval of the aforementioned merger and issuance of securities in connection with the financing, among other matters.The filing of the preliminary proxy statement marks a significant step towards the potential approval and closing of aforementioned transactions, which potentially position MICT in the global fintech industry with a world class proprietary technology platform and a strong balance sheet."Having filed a proxy statement in January 2020 with the Securities and Exchange Commission,
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