InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Request from NASDAQ for Information Following Temporary Suspension of Trading
November 29, 2023
Tingo Group (NASDAQ: TIO), a profitable, multinational fintech, agrifintech, food-processing and commodity-trading company, has received a request for information from the NASDAQ Stock Market. According to the announcement, a temporary suspension of trading in the TIO securities imposed by the Securities & Exchange Commission (“SEC”) on Nov. 14, 2023, was scheduled to expire at 11:59 […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Q3 2023 Financial Results
November 14, 2023
Tingo Group (NASDAQ: TIO), a profitable, multinational fintech, agri-fintech, food processing and commodity trading company, today announced its financial results for the quarter ended Sept. 30, 2023. Among the highlights, the company reported $2.41 billion in net revenues, $492.5 million in operating profit and $777.9 million in EBITDA for the 9 months ended Sept. 30, […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Realignment of CFO Post, AFAN’s Adoption of Tingo Mobile’s Nwassa Platform
November 13, 2023
Tingo Group (NASDAQ: TIO), a profitable, multinational fintech, agri-fintech, food processing and commodity trading company, today announced a change of personnel in connection with the role of group chief financial officer. Amir Ayalon, who accepted the position on Oct. 2, 2023, has moved into a part-time consultancy role due to a significant change in his […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) to Host Q3 2023 Results Conference Call
November 9, 2023
Tingo Group (NASDAQ: TIO), a profitable, multi-national fintech, agri-fintech, food processing and commodity trading company, today announced that it will hold a conference call to present its results for the third quarter ended Sept. 30, 2023, and provide a business update. The call is scheduled to begin at 8:00 a.m. Eastern Time on Tuesday Nov. […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Enters MOU to Launch Business, Service Offerings in Pakistan
October 24, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast growing fintech, agri-fintech, food and commodity trading company, today announced that it has executed a memorandum of understanding (“MOU”) with the Khyber Pakhtunkhwa Information Technology Board (“KPITB”) to launch the company’s business and service offerings into Pakistan. KPITB is a governmental body established in the province of […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Opening of New Headquarters in Africa
October 20, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast growing fintech, agrifintech, food and commodity trading company, has opened a new Africa headquarters in Lagos, Nigeria. According to the announcement, the new office site is in the main business and financial center of Victoria Island, Lagos, and will be the company’s second office in the city; […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces New Board, Management Appointments
October 2, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech, agrifintech and food company, has made key management and leadership appointments designed to provide a significant strengthening of its board of directors and executive team. According to the announcement, Amir Ayalon has been named Tingo Group chief financial officer, C. Derek Campbell has been named an […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Extension of Series B Preferred Stock Redemption Period
September 29, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech, agrifintech and food company, has entered into a new forbearance agreement with the holder of its Series B preferred stock. According to the announcement, the new agreement extends the redemption period until at least Dec. 31, 2023, and the company noted that it expects the conversion […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Names Interim Co-CEOs, Announces Key Board Appointments
September 18, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech, agrifintech and food company, announced the appointment of Dozy Mmobuosi and Kenneth Denos as interim co-CEOs. The announcement followed the resignation of Darren Mercer, who has led the company through numerous key developments; Mercer retired to spend more time with his family. The founder and visionary […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Next-Gen Launch of TingoPay
September 14, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech, agri-fintech and food company, today announced the launch of the next-generation version of its super app, TingoPay. On the heels of a successful beta test on Android, the TingoPay super app is now available as a full version on both iOS/Apple and Android, incorporating innovative security […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Issues Response to Short-Seller’s Statement
September 6, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech, agri-fintech and food company, today provided a response to a statement made by short seller Hindenburg Research on Sept. 5, 2023. In the announcement, the company noted that Hindenburg has once again attempted to repeat its previous allegations despite the completion of a detailed investigation into […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Issues Response to Further Allegations by Hindenburg Research
September 1, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast growing fintech, agri-fintech and food company, today issued a response to further allegations made by short seller Hindenburg Research on Aug. 31, 2023. The announcement reads, “We stated the following within our press release dated Aug. 30, 2023: ‘At the direction of the company’s independent directors, independent […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Q2 2023 Results
August 31, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast growing fintech, agri-fintech and food company, today announced its financial results for the quarter ended June 30, 2023. Among the highlights, the company reported an 8,072% increase in net revenues for the second quarter to $977.2 million, up from $12 million for the second quarter of 2022. […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Shares Results of Short-Seller Investigation, Schedules Q2 2023 Conference Call
August 30, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech and agrifintech company, has completed the investigation of allegations made by short seller Hindenburg Research. According to the announcement, an independent counsel investigated certain of the Hindenburg allegations and recently provided the independent directors with an interim report summarizing evidence it had reviewed; the firm is […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Postpones Release of Q2 2023 Financial Earnings
August 22, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech and agrifintech company, has postponed its Q22023 earnings release and conference call again; the company has also rescheduled the filing of its Form 10-Q for the period ended June 30, 2023. The company notes that progress has been made with the independent review of the allegations made […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Updated Plans to Release Q2 2023 Results, Time for Earnings Call/Webcast
August 21, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech and agrifintech company, announced that it will release its second-quarter 2023 financial and company results today after market close; the company plans to release the report at a conference call slated to begin at 5 p.m. ET. During the call, company officials will release the Q2 […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Updates Plans to Release Q2 2023 Results, Rescheduled Earnings Call/Webcast
August 10, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech and agrifintech company, has changed the date it plans to file form 10-Q for the second quarter, the period ending June 30, 2023. According to the announcement, the company has rescheduled the date for Aug. 21, 2023. The results will be shared during a second-quarter 2023 […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) to Host Q2 2023 Results Call, Webcast
August 1, 2023
Tingo Group Inc. (NASDAQ: TIO) today announced that it will hold a conference call at 8:00 a.m. Eastern Time on Thursday, Aug. 10, 2023, to present its results for the second quarter ended June 30, 2023, and provide a business update. The conference call will be followed by a question-and-answer period, with questions accepted via […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Engagement of Independent Counsel, Approval of Proposals at Special Meeting
June 9, 2023
Tingo Group (NASDAQ: TIO), a profitable and fast-growing fintech and agri-fintech company, has engaged White & Case LLP, a leading international law firm, to conduct an independent review. According to the announcement, the review is related to allegations made in a June 6, 2023, report published by short seller Hindenburg Research. The company noted that, […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Special Meeting of Stockholders
June 5, 2023
Tingo Group (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has scheduled a Special Meeting of Stockholders; the meeting will include a Q&A segment. The meeting is slated to begin at 9 a.m. ET on June 7, 2023. According to the announcement, the […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Loan Facility to AFAN Farmers for Cultivation of New Farming Land
June 2, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, is providing a 3 billion Naira (approximately USD$6.5 million) loan facility to the All Farmers Association of Nigeria (“AFAN”). The purpose of the loan, which is approximately US$6 million, is for the […]
InvestorNewsBreaks – Tingo Group Inc.’s (NASDAQ: TIO) Legal Counsel to Investigate False Marketing of Financial Institution, Unusual Stock Price Volatility
June 1, 2023
Tingo Group Inc. (NASDAQ: TIO) today announced that it has become aware of credible evidence that a New York-based financial institution has been soliciting investors with an offer of the company’s securities with the pretense of a fund raise, which was in direct contravention of the company’s explicit wishes. The company is not planning any […]
InvestorNewsBreaks – Tingo Group Inc.’s (NASDAQ: TIO) Export Business Completes First $348M of Sales
May 30, 2023
Tingo Group Inc. (NASDAQ: TIO) today announced that its export business, operated through wholly owned subsidiary Tingo DMCC, has completed its first batch of export deals, generating $348 million of sales with a gross profit approaching $100 million. According to the update, the completed sales are part of an anticipated long-term multibillion-dollar pipeline of export […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Receives Positive Ratings from Globally Recognized Credit Rating Agency
May 24, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, announced that it has received positive ratings from DataPro, the leading and globally recognized credit rating agency. Those ratings include a Short-Term Credit Rating of A1, an Investment Grade Long-Term Credit Rating […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) to be Included in Russell 3000(R) Index
May 22, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, will be joining the broad-market Russell 3000 Index at the conclusion of the 2023 FTSE Russell indexes annual reconstitution process. According to the announcement, the inclusion is tentatively scheduled to occur after […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Reports Q1 2023 Results
May 15, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, is reporting numbers for its first quarter 2023, the first report released following the completion of the acquisition of Tingo Mobile Limited that include a full quarter of consolidated financial statements. The […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) to Host Q1 2023 Results Call
May 5, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has scheduled a conference call to discuss the company’s first-quarter results for the period ended March 31, 2023. The call is slated for May 15, 2023, at 8 a.m. ET. During the […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Files Audited Financial Statements, Information for Recently Acquired Tingo Foods
April 27, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has filed required information with the U.S. Securities and Exchange Commission regarding the 100% acquisition of issued and outstanding share of Tingo Foods PLC. Of note, the filing reflects that Tingo Foods […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Inks Tri-Partite Agreement with AFAN Solidifying Role as African Agri-Fintech Leader
April 26, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, has entered into a tri-partite agreement with Prime Commodity Exchange (“PCX”) and All Farmers Association of Nigeria (“AFAN”). According to the announcement, the three companies have been given a three-decade lease over […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Announces Participation at Annual Taglich Brothers Investment Conference
April 24, 2023
Tingo Group (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, will be presenting at the 19th annual Taglich Brothers Investment Conference; the event is scheduled for May 1–2, 2023, in New York City. According to the announcement, Tingo Group CEO Darren Mercer is […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Regains Compliance with Nasdaq Listing Rule
April 13, 2023
Tingo Group Inc. (NASDAQ: TIO) today announced its receipt of a bid price compliance letter from the Nasdaq Stock Market LLC. The letter informs Tingo that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. “We are very pleased to regain […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Releases Corporate Update, Notes Receipt of NASDAQ Notification
April 11, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, announced that it has received a notification letter from NASDAQ that its stock has been under a minimum bid price of $1 for a period of 30 days. As a result, the […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Releases FY 2022 Report
March 31, 2023
Tingo Group (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, is reporting on its fiscal year ending Dec. 31, 2022. According to the report, the November 2022 acquisition of 100% of Tingo Mobile made the company significantly profitable starting in December; the integration […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Schedules Q4, FY 2022 Earnings Call
March 28, 2023
Tingo Group Inc. (NASDAQ: TIO), a global fintech and agri-fintech group of companies with operations in Africa, southeast Asia and the Middle East, will host a conference call and webcast to discuss its results for the fourth quarter and full fiscal year 2022. The call will be held Friday, March 31, 2023, and is slated […]
InvestorNewsBreaks – Tingo Group Inc. (NASDAQ: TIO) Commences Operations Under New Name and Ticker
March 23, 2023
MICT Inc. recently announced the change of its name and ticker symbol to Tingo Group Inc. (NASDAQ: TIO), effective Feb. 27, 2023. In conjunction with the name and ticker change, the company launched a new Investor Relations website at www.TingoGroup.com, which will be complemented by a corporate website in the near future. “The Tingo brand […]
InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Announces Venture to Build Zero-Emission Plant to Power Food Processing
February 22, 2023
MICT (NASDAQ: MICT) has announced that its wholly owned subsidiary, Tingo Foods Plc, has entered into a partnership with Evtec Energy Plc. The companies have committed to build a $150 million net zero carbon emission solar plant to provide a sustainable and low-cost energy source to power Tingo Foods’ multibillion-dollar food processing facility announced on […]
InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Announces Collaboration to Promote Financial Inclusion, Expand Access to Digital Payment Channels Across Africa
February 14, 2023
MICT (NASDAQ: MICT), through its wholly owned subsidiary Tingo Mobile, and Visa (NYSE: V), the global leader in digital payments, have announced the launch of their pan-African strategic partnership, which aims to improve access to digital payments and financial services and drive financial inclusion across Africa. The launch (consisting of the Tingo Visa card together […]
InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Poised to Revolutionize Africa’s Food Industry
February 9, 2023
MICT (NASDAQ: MICT) has announced its entry into a corporate transaction giving it ownership of 100% of Tingo Foods PLC. Tingo has successfully developed a business with a current capacity to process and wholesale more than $1 billion of food produce per annum. Through a joint venture, Tingo Foods has also committed to build and […]
InvestorNewsBreaks – MICT Inc. (NASDAQ: MICT) Engages Expertise to Investigate Suspected Market Manipulation and Illegal Naked Short Selling
February 7, 2023
MICT (NASDAQ: MICT) today announced that it has appointed special legal counsel, Warshaw Burstein LLP, The Christian Levine Law Group and Greenberg Taurig LLP, together with an extensive team of expert advisors, to investigate the suspected market manipulation and naked short selling of the company’s stock and take appropriate action in the event of unlawful […]
InvestorNewsBreaks – Tingo Inc. (TMNA) Partners with Dozy Mmobousi to Open Leadership Centre
December 29, 2022
Tingo (OTC: TMNA), a leading agrifintech business in Africa, and Dozy Mmobuosi, renowned technology entrepreneur and philanthropist, have together unveiled the Dozy Mmobuosi Leadership Centre (DMLC), located in Oxford, United Kingdom. The centre is designed to offer a monthlong, in-person transformational leadership program for entrepreneurs and those involved in both private and public service. The centre […]