MICT DPW up big, it seems the deal is imminent
if the deal is done, MICT PPS could de doubled, if not more, imo. MICT will receive:
1. $9.25m including $5.25m cash(agreement to sell its subsidiary) which is also close to current Market cap.
2. annual consulting fee of $150,000 as well as issue the Company 150,000 restricted shares of $DPW Class A common.
My posts are my opinion and should not be used as investment advice. Make your own decisions in your stock trades.