Today’s MICT registration statement amends a May 17, 2021 filing and relates to the registration of a portion of issued res...
July 07 2021 - 9:05AM
Today MICT, Inc. (Nasdaq: MICT) (“MICT” or the “Company”) filed an
amendment to the S-3 registration statement filing made on May 17,
2021. The Company again wishes to clarify the dual purposes of that
filing, which are as follows: (i) to register a portion of the
restricted shares it has already issued; and (ii) to register a new
shelf registration statement to enable it to take advantage of
potential growth opportunities in the future. The filing does not
have any effect on the Company’s number of shares presently issued
and outstanding.
About MICT, Inc.
MICT, Inc. (NasdaqCM: MICT) operates through its
subsidiaries, GFH Intermediate Holdings Ltd ("GFHI") and its
various fully owned subsidiaries or VIE structures. And 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 sales of insurance products in
several high-growth foreign markets including Asia where GFH owns a
substantial proprietary database of users. Micronet operates in the
growing telematics and commercial Mobile Resource Management (MRM)
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 Statement
This press release contains express or implied
forward-looking statements within the Private Securities Litigation
Reform Act of 1995 and other U.S. Federal securities laws. All
statements other than statements of historical fact contained in
this press release are forward-looking statements. The words
“believe,” “may” “will,” “estimate,” “continue,” “anticipate,”
“intend,” “expect” and similar expressions, as they relate to us,
are intended to identify forward-looking statements. We have based
these forward-looking statements on our current expectations and
projections about future events and financial trends that we
believe may affect our financial condition, results of operations,
business strategy, business prospectus, growth strategy and
liquidity. 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, 2020 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.
Contact information: Tel: (201) 225-0190info@mict-inc.com
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