Powerfleet Cleared by SEC, Set to Report First Quarter Results Post-MiX Telematics Merger
Portfolio Pulse from Benzinga Newsdesk
Powerfleet, Inc. (NASDAQ:AIOT) has received clearance from the SEC regarding its recent merger with MiX Telematics Ltd. This allows Powerfleet to file its Transition Report on Form 10-KT and its Quarterly Report on Form 10-Q. The company will report its first fiscal quarter results on August 22, 2024.
August 19, 2024 | 11:09 am
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Powerfleet has received SEC clearance regarding its merger with MiX Telematics, allowing it to file necessary reports and announce its first fiscal quarter results on August 22, 2024.
The SEC clearance removes regulatory uncertainty, allowing Powerfleet to proceed with its financial reporting. This is likely to be viewed positively by investors, potentially boosting the stock price in the short term.
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