Brief: Agri-FinTech Holdings, Inc. (Formerly, Tingo, Inc.) Announces Intention To Liquidate And Distribute Holdings In Tingo Group, Inc.

Tingo

06/10/2023 18:50

Oct 6 (Reuters) - AGRI-FINTECH HOLDINGS INC:
    * AGRI-FINTECH HOLDINGS, INC. (FORMERLY, TINGO, INC.)
ANNOUNCES
INTENTION TO LIQUIDATE AND DISTRIBUTE HOLDINGS IN TINGO GROUP,
INC.
    * AGRI-FINTECH HOLDINGS INC - LIQUIDATION OF COMPANY AND
RESULTING
DISTRIBUTION IS EXPECTED TO COMMENCE DURING Q4 OF 2023
    * AGRI-FINTECH- FOLLOWING DISTRIBUTION, DOZY MMOBUOSI,
CONTROLLING
BENEFICIAL HOLDER CO EXPECTED TO BENEFICIALLY HOLD MAJORITY OF
VOTING SHARES OF TIO
    * AGRI-FINTECH HOLDINGS INC -  FOLLOWING DISTRIBUTION, DOZY
MMOBUOSI BECOME CO'S CONTROLLING SHAREHOLDER
    * AGRI-FINTECH HOLDINGS: DECISION TO LIQUIDATE RESULT OF
PENDING
EXPIRATION OF 1 YEAR GRACE PERIOD PROVIDED TO CO UNDER
INVESTMENT COMPANY ACT OF 1940

Source text for Eikon:  ID:nGNX59RXdg 
Further company coverage:  TIO.O 

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