MICT Completes Acquisition of Operating Business And Assets Of Tingo, Inc.
MICT, Inc has completed the previously announced acquisition of 100% of the operating business and assets of Tingo, Inc. via its purchase of Tingo Mobile Limited (“Tingo Mobile”). As the consideration for the acquisition, MICT is issuing 19.9% of its common stock to Tingo, together with Series A Preferred Stock......
