MICT Closes Acquisition of Global Fintech Holdings with $15 Million in Committed Funding
MICT plans to execute on accretive business opportunities to grow both its fintech and telematics businesses MICT, announced that it has completed the acquisition of a wholly-owned subsidiary of Global Fintech Holdings Ltd. (“GFH”) for approximately $25 million in convertible securities. In connection with the previously announced private placement of convertible promissory......