Current Report Filing (8-k)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 17, 2021
(June 17, 2021)
of registrant as specified in its charter)
or other jurisdiction
West Grand Avenue, Suite 3, Montvale, New Jersey
of principal executive offices)
(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):
communications pursuant to Rule 425 under the Securities Act (17
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
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.
Item 8.01 Other Events.
On June 17, 2021, Micronet Ltd. (or “Micronet”) announced that it
has completed a public equity offering (the “Offering”) on the Tel
Aviv Stock Exchange (“TASE”).
Pursuant to the Offering, Micronet sold an aggregate number of
18,400 securities units (the “Units”) at a price of 14.6 NIS per
Unit, with each Unit consisting of 100 ordinary shares, 25 series A
options and 75 series B options, resulting in the issuance of
1,840,000 ordinary shares, 460,000 series A options and 1,380,000
series B options. Micronet raised total gross proceeds of
26,864,000 NIS (approximately $8,290,000) in the Offering.
Mict Inc.(the “Company”) did not participate in the Offering, and,
as a result of the consummation of the Offering, now currently owns
37.15% of the outstanding ordinary shares of Micronet and 26.56% of
Micronet on a fully diluted basis.
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.
June 17, 2021
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