 MONTVALE, N.J., March 04, 2021 GLOBE NEWSWIRE -- MICT, Inc. Nasdaq: MICT the Company, today announced that it closed its previously announced registered direct offering of i 19,285,715 shares of common stock and ii 19,285,715 warrants to purchase 19,285,715 shares of common stock at a combined purchase price of 2.80. The gross proceeds to MICT from this offering are approximately 54,000,000, before deducting placement agent fees and other estimated offering expenses. The warrants are exercisable immediately, have an exercise price of 2.80 per share and expire five years from the date of issuance. 