Today’s MICT filing of a resale registration statement amendment relates to the registration of a portion of the restricted...
January 29 2021 - 5:10PM
Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”)
filed an amendment to the resale registration statement filing made
on Friday, December 18, 2020. The Company wishes to clarify
the purpose of the filing of the resale registration statement and
this amendment. The filings were not for a new issuance of shares
but were made to register a portion of the Company's currently
outstanding restricted shares from certain of its holders.
About MICT
MICT,
Inc. (NasdaqCM: MICT) operates through its
subsidiaries, GFH Intermediate Holdings Ltd. (“GFHI”) and
Micronet Ltd. (“Micronet”). GFHI’s versatile proprietary trading
technology platform is designed to serve a large number of high
growth sectors in the global fintech space. Primary areas of focus
include online brokerage for equities trading and wealth management
services and sales of insurance products in several high-growth
foreign markets, including Asia, where GFHI owns a substantial
database of users. Micronet operates in the growing telematics and
commercial Mobile Resource Management market, mainly in the
United States and Europe. Micronet designs, develops,
manufactures, and sells mobile computing solutions that provide
fleet operators and field workforces with computing solutions in
challenging work environments.
Forward-Looking
Statements Litigation
Reform Act of 1995 and other U.S. Federal securities
laws. These forward-looking statements include, but are not limited
to, statements related to revenue targets, the growth of
the Chinese Insurance market and other statements that
are not historical facts. Such forward-looking statements and their
implications involve known and unknown risks, uncertainties and
other factors that may cause actual results or performance to
differ materially from those projected. The forward-looking
statements contained in this press release are subject to other
risks and uncertainties, including those discussed in the "Risk
Factors" section and elsewhere in the Company's annual report on
Form 10-K for the year ended December 31, 2019 and in
subsequent filings with the Securities and Exchange
Commission. Except as otherwise required by law, the Company is
under no obligation to (and expressly disclaims any such obligation
to) update or alter its forward-looking statements whether as a
result of new information, future events or otherwise.
Contacts: info@mict-inc.com (201)
225-0190
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