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MICT Inc (MICT.OQ)

MICT.OQ on NASDAQ Stock Exchange Capital Market

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19 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Micronet Receives $1.3 Mln in Orders for its Next-Generation SmartHub Telematics On-Board Computer
Monday, 8 Apr 2019 

April 8 (Reuters) - MICT Inc ::MICRONET RECEIVES $1.3 MILLION IN ORDERS FOR ITS NEXT-GENERATION SMARTHUB TELEMATICS ON-BOARD COMPUTER.MICRONET LTD HAS RECEIVED TWO PURCHASE ORDERS TO SUPPLY AND DELIVER ITS 4TH GENERATION SMARTHUB HARDWARE PLATFORM.  Full Article

MICT And Brookfield Interactive (Hong Kong) Sign Definitive Acquisition Agreement With Paragonex
Thursday, 20 Dec 2018 

Dec 20 (Reuters) - MICT Inc ::MICT AND BROOKFIELD INTERACTIVE (HONG KONG) LTD SIGN A DEFINITIVE ACQUISITION AGREEMENT WITH PARAGONEX.MICT INC - GLOBAL FINTECH HOLDINGS RAISED $23.5 MILLION AT $1.65 PER SHARE TO FINANCE TRANSACTION.MICT INC - BNN TECHNOLOGY WILL COMMENCE TENDER OFFER TO PURCHASE UP TO 20% OF ISSUED AND OUTSTANDING SHARES OF MICT'S COMMON STOCK AT $1.65/SHARE.MICT INC - MICT AND GFH WILL COMPLETE A MERGER WHEREBY MICT WILL BECOME A WHOLLY-OWNED SUBSIDIARY OF GFH.MICT INC - BROOKFIELD INTERACTIVE (HK) TO BECOME A WHOLLY-OWNED SUBSIDIARY OF GFH IN DEAL.MICT INC - PARAGONEX BECOMING A WHOLLY-OWNED SUBSIDIARY OF GFH IN DEAL.MICT INC - GFH EQUITY VALUATION OF APPROXIMATELY $283 MILLION IN DEAL.  Full Article

MICT Reports Q3 2018 Results
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - MICT Inc ::MICT REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE $2.2 MILLION VERSUS $5.5 MILLION.Q3 LOSS PER SHARE $0.28 FROM CONTINUING OPERATIONS.Q3 LOSS PER SHARE $0.28.  Full Article

Micronet Enertec Technologies Says On June 21, BNN Technology Acquired 14.89 Pct Stake In Co
Monday, 2 Jul 2018 

July 2 (Reuters) - Micronet Enertec Technologies Inc ::BNN TECHNOLOGY PLC AND MICT ANNOUNCE A STRATEGIC TRANSACTION.MICRONET ENERTEC TECHNOLOGIES - ON JUNE 21, BNN TECHNOLOGY PLC ACQUIRED 14.89 PERCENT STAKE IN CO.MICRONET ENERTEC TECHNOLOGIES INC - BNN WILL SEEK TO ACQUIRE ADDITIONAL ABOUT 35% STAKE IN MICT.MICRONET ENERTEC TECHNOLOGIES - SHARES OF MICRONET TEL AVIV CURRENTLY HELD BY MICT TO BE SPUN OFF TO MICT SHAREHOLDERS THAT REMAIN AFTER TENDER OFFER.MICRONET ENERTEC TECHNOLOGIES INC - WILL SEEK ACQUISITION OF ADDITIONAL STAKE THROUGH A THIRD-PARTY CASH TENDER OFFER AT LEAST $1.65 PER SHARE.MICRONET ENERTEC TECHNOLOGIES INC - BNN SEEING TO OWN AT LEAST 50.1% OF COMPANY'S ISSUED SHARES.MICRONET ENERTEC TECHNOLOGIES INC - WILL RAISE A MINIMUM OF BETWEEN $26 MILLION TO $36 MILLION FROM GLOBAL INSTITUTIONAL INVESTORS.MICRONET ENERTEC TECHNOLOGIES INC - MICRONET TEL AVIV IS OWNED 49.89% BY MICT.MICRONET ENERTEC TECHNOLOGIES INC -BNN WILL SEEK ACQUISITION OF ADDITIONAL STAKE THROUGH A THIRD-PARTY CASH TENDER OFFER AT LEAST $1.65 PER SHARE (ADDS DROPPED WORD).  Full Article

DPW Holdings' Subsidiary Coolisys Technologies Signs Definitive Agreement To Acquire Enertec
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - DPW Holdings Inc ::DPW HOLDINGS’ SUBSIDIARY COOLISYS TECHNOLOGIES SIGNS DEFINITIVE AGREEMENT TO ACQUIRE ENERTEC.DPW HOLDINGS’ SUBSIDIARY COOLISYS TECHNOLOGIES SIGNS DEFINITIVE AGREEMENT TO ACQUIRE ENERTEC.DPW HOLDINGS INC - ENERTEC IS CURRENTLY A SUBSIDIARY OF MICRONET ENERTEC TECHNOLOGIES INC.DPW HOLDINGS INC - ‍ENTRY DEAL THAT, UPON CONSUMMATION, WILL RESULT IN ACQUISITION BY UNIT OF ENERTEC SYSTEMS 2001​.DPW HOLDINGS - ‍COOLISYS SHALL PAY MICT $5.25 MILLION CASH, AS ADJUSTED IF ENERTEC'S CLOSING DEBT IS GREATER OR LESSER THAN $4 MILLION AND FOR OTHER MATTERS​.  Full Article

‍D-Beta One Eq Reports Stake In Micronet Enertec Technologies
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Micronet Enertec Technologies Inc ::‍D-BETA ONE EQ, LTD REPORTS A 6.4 PERCENT PASSIVE STAKE IN MICRONET ENERTEC TECHNOLOGIES INC AS OF NOVEMBER 23, 2017 - SEC FILING​.  Full Article

Micronet Enertec reports Q3 non-GAAP loss per share $0.16
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Micronet Enertec Technologies Inc :Micronet Enertec reports third quarter 2017 financial results.Q3 non-GAAP loss per share $0.16.Q3 revenue rose 29 percent to $6.93 million.Sees fy 2017 revenue $25 million to $28 million.Q3 loss per share $0.18.Micronet Enertec Technologies Inc - ‍backlog at end of Q3 stands at $20.5 million​.  Full Article

Micronet Enertec says ‍on Sept 30 terminated CFO Oren Harari
Tuesday, 3 Oct 2017 

Oct 3 (Reuters) - Micronet Enertec Technologies Inc :Micronet Enertec says ‍on Sept 30, co terminated its chief financial officer, Oren Harari, effective as of September 30, 2017​ - SEC filing.  Full Article

Micronet receives an additional $1.65 mln purchase order for its TREQR5-Smarthub
Thursday, 14 Sep 2017 

Sept 14 (Reuters) - Micronet Enertec Technologies Inc :Micronet receives an additional $1.65 million purchase order for its TREQR5-smarthub from a leading ELD compliance telematics provider.  Full Article

Micronet Enertec Technologies Inc - on August 22, co entered into a standby equity distribution agreement with YA II PN ltd‍​
Friday, 25 Aug 2017 

Aug 25 (Reuters) - Micronet Enertec Technologies Inc :Micronet Enertec technologies inc - on August 22, co entered into a standby equity distribution agreement with YA II PN Ltd‍​.Micronet Enertec - agreement for sale of up to $10 million of shares, par value $0.001 per share, over a three-year commitment period.Micronet Enertec says under agreement, co agreed to pay a unit of YA II, commitment fee in the amount of $800,000 - SEC filing.  Full Article