Wednesday, November 09, 2022 11:14:43 AM
Once Tingo Mobile operating business is transferred to Mict subsidiary, then we all will get 19.9% of MICT shares which will make the OS of MICT about 3XX million.
Tingo shareholders will receive Preferred A and B shares that will be converted in 2023 after votes from MICT shareholders. Dozy almost guarantees the success of those votes.
By 2023 Preferred shares A and B will be converted into MICT stock equaling 75% of the OS (of 590 million now in a fully diluted manner) owned by prior Tingo shareholders once fully converted.
Recent TMNA News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 09:16:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/10/2023 08:27:38 PM
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