|Bid||3.3600 x 900|
|Ask||3.4000 x 1000|
|Day's Range||3.0100 - 3.9200|
|52 Week Range||0.3800 - 4.1600|
|Beta (5Y Monthly)||0.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 12, 2020 - Aug 17, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
MICT, Inc. (Nasdaq: MICT) (the "Company") announced today that it has completed the acquisition of a wholly-owned subsidiary of Global Fintech Holdings Ltd. ("GFH") for approximately $25 million in convertible securities. In connection with the previously announced private placement of convertible promissory notes, MICT has also received commitments to purchase the full $15 million of such notes. Upon stockholder approval, both the securities issued as merger consideration and the promissory notes issued in the private placement will be convertible into shares of MICT common stock at a conversion price of $1.10 per share.
MICT, Inc. (Nasdaq: MICT), today announced financial results for the three months ended March 31, 2020, as well as merger and acquisition developments subsequent to the end of the first quarter.
NEW YORK, NY / ACCESSWIRE / June 16, 2020 / MICT, Inc. (NASDAQ:MICT) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on June 16, 2020 at 9:00 AM Eastern Time. ...