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 conference call and webcast scheduled for 8 a.m. ET; a press release will also be released with the information. Those interested in participating in the conference call, along with the Q&A segment, may dial toll-free 1-877-704-4453 or 1-201-389-0920 (internationally), then enter conference code 13739698. A replay of the call will be available through Sept. 21, 2023, by dialing 1-844-512-2921 (domestic) or 1-412-317-6671 (international) and entering replay pin number 13739698. The postponement will allow independent counsel, which has been retained by Tingo’s independent directors, time to complete an independent review of the allegations made in the Hindenburg short-seller report. “Tingo’s independent directors believe it is in the best interest of both the company and its shareholders for the independent directors to receive the report of the independent review ahead of the company hosting its earnings call and issuing the company’s results for the second quarter ended June 30, 2023,” the announcement stated. ‘
To view the webcast, visit https://ibn.fm/m0S3g
To view the full press release, visit https://ibn.fm/38Ftg
About Tingo Group Inc.
Tingo Group is a global fintech and agrifintech group of companies with operations in Africa, southeast Asia and the Middle East. Tingo Group’s wholly owned subsidiary, Tingo Mobile, is a leading agri-fintech company operating in Africa, with a comprehensive portfolio of innovative products, including a “device-as-a-service” smartphone and a service-added platform. As part of its globalization strategy, Tingo Mobile has recently begun to expand internationally and entered into trade partnerships that are contracted to increase the number of subscribed farmers from 9.3 million in 2022 to more than 32 million, providing the farmers with access to services such as the Nwassa seed-to-sale marketplace platform, insurance, microfinance, and mobile phone and data top-up. Tingo Group’s other Tingo business verticals include TingoPay, a SuperApp in partnership with Visa that is currently in beta version and offers a wide range of B2C and B2B services including payment services, an e-wallet, foreign exchange and merchant services; Tingo Foods, a food-processing business that processes raw foods into finished products such as rice, groundnut oil, nut products, wheat, millet and maize; and Tingo DMCC, a commodity trading platform and agricultural commodities export business based out of the Dubai Multi Commodities Center. In addition to its Tingo business verticals, Tingo Group also holds and operates an insurance brokerage platform business in China, and Magpie Securities, a regulated finance services fintech business operating out of Hong Kong and Singapore. For more information, visit the company’s website at www.TingoGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to TIO are available in the company’s newsroom at https://ibn.fm/TIO
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