$TMNA: No.. 1 TMNAshare = 7.75 new MICTshares
And 1MICT share = 2.25 new MICT shares
As the subsidiary of the new combined MICT, we are the majority owners of the shares.
After all, we are bring pretty much alllllllllllllll of the value and cash to the deal.
SO yes, We get ALL GLORY.
Existing MICT shareholders will have to pay up.
Currently the market is already undervaluing us anyway relative to the $4Billy they
were calling for in the combined deal.
It'll all play out in our favor in the end anyways.
Just great to get uplisted to the BIG Boards and more visibility
As you can see from trading volume, TMNA shares are not diluted and relative volume trade a lotttttttt less than MICT primarily because the majority insider
ownership of shares by TMNA management are restricted for several years out still, bonus for us.
$MICT however has had several days over the past 3yrs trading volume of over 100Milly on peaks for average daily trading but they have fallen below Nasdaq $1
listing threshold which is why they need $TMNA to get them over that level.
GO $TMNA
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