Brief: Tingo Files Definitive Information Statement To Merge Its Sole Operating Subsidiary With Nasdaq-Traded MICT

Tingo

09/11/2022 14:27

Nov 9 (Reuters) - Tingo Inc  TMNA.PK :
    * TINGO FILES DEFINITIVE INFORMATION STATEMENT TO MERGE ITS
SOLE
OPERATING SUBSIDIARY WITH NASDAQ-TRADED MICT
    * TINGO INC - MERGER OF TINGO MOBILE AND MICT EXPECTED TO
COMPLETE
BY END OF NOVEMBER
    * TINGO - IN DEAL, MICT WILL ISSUE TINGO SHARES OF ITS
COMMON
STOCK EQUAL TO 19.9% OF MICT'S  SHARES,  SERIES A AND SERIES B
CONVERTIBLE PREFERRED STOCK

Source text for Eikon:  ID:nGNX4RWq8T 
Further company coverage:  TMNA.PK 
 ((reuters.briefs@thomsonreuters.com;))