December 20, 2018

mict


MICT and Brookfield Interactive (Hong Kong) Ltd sign a definitive acquisition agreement with ParagonEx

    • The merged companies create a substantial new group, Global Fintech Holdings
    • Global Fintech Holdings raised $23.5 million at $1.65 per share to finance transaction
    • A tender offer to purchase up to 20% of MICT’s outstanding common stock at a price of $1.65 per share shall be commenced by BNN Technology PLC

Brookfield Interactive (Hong Kong) Ltd, ParagonEx Ltd. and MICT, Inc. (NASDAQCM: MICT) are pleased to announce the signing of a definitive acquisition agreement to pursue the strategic transactions and planned listing on NASDAQ outlined in announcements by MICT and BNN on July 2, 2018.

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