Merger Would Create an over $900 Million Annual Revenue and Highly Profitable Nasdaq-listed Fintech and Agri-Fintech Company Serving the African and Asian Markets
Combined Company Would Have a Portfolio of Best-in-Class Financial Platforms, Products and Services With a Global Expansion Strategy
NEW YORK, NY and MONTVALE, NJ, May 10, 2022 (GLOBE NEWSWIRE) — Tingo, Inc. (OTC Markets: TMNA) (Tingo) and MICT, Inc. (NASDAQ: MICT) (MICT) announced that they have executed a definitive agreement to merge and consolidate their operations (the Merger) to create an over $900 million annual revenue and highly profitable Nasdaq-listed Fintech and Agri-Fintech company serving the African and Asian markets with a global expansion strategy.
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