Current Report Filing (8-k)
November 01 2019 - 8:39AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 1, 2019 (October 31, 2019)
MICT, INC.
|
(Exact name of registrant as specified in its charter)
|
DELAWARE
|
|
001-35850
|
|
27-0016420
|
(State or other jurisdiction
|
|
(Commission
|
|
(IRS Employer
|
of incorporation)
|
|
File Number)
|
|
Identification No.)
|
28 West Grand Avenue, Suite 3, Montvale, New Jersey
|
|
07645
|
(Address of principal executive offices)
|
|
(Zip Code)
|
(201) 225-0190
(Registrant’s telephone number, including
area code)
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form
8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions(see General
Instruction A.2. below):
|
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
☐
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
☐
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
☐
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Securities registered pursuant to Section
12(b) of the Act:
Title of each class
|
|
Trading Symbol(s)
|
|
Name of each exchange on
which registered
|
Common Stock, par value $0.001 per share
|
|
MICT
|
|
The Nasdaq Capital Market
|
Indicate by check mark whether the registrant
is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter)
or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
As previously reported,
on March 29, 2018, MICT, Inc., or the Company, and MICT Telematics Ltd. (formerly known as Enertec Electronics Ltd.), or MICT Telematics,
a subsidiary of the Company, executed and closed on a securities purchase agreement with YA II PN Ltd., a Cayman Island exempt
limited partnership and affiliate of Yorkville Advisors Global, LLC, or YA II, whereby the Company issued and sold to YA II certain
Series A Convertible Debentures in the aggregate principal amount of $3,200,000. On October 31, 2019, the Company made a payment
of approximately $2,057,000 to YA II and repaid the outstanding principal balance of the Series A Convertible Debentures such that
the Series A Convertible Debentures have been satisfied in full.
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
MICT, INC.
|
|
|
Dated: November 1, 2019
|
By:
|
/s/
David Lucatz
|
|
|
Name:
|
David Lucatz
|
|
|
Title:
|
President and Chief Executive Officer
|
2
MICT (NASDAQ:MICT)
Historical Stock Chart
From Aug 2024 to Sep 2024
MICT (NASDAQ:MICT)
Historical Stock Chart
From Sep 2023 to Sep 2024