Iweb Inc. Completed The Acquisition Of Tingo Mobile Plc.
08/20/21, 12:01 AM
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Iweb Inc. announced that it completed the acquisition of 100% of Tingo Mobile, PLC, a Nigerian limited company and has filed to change its name to Tingo Inc, has applied to Finra to process its name change and allocate a new trading symbol to reflect its new business focus of Tingo Mobile Plc. The company completed the Tingo Mobile Purchase from Tingo International Holdings, Inc. in an all stock deal for a consideration of 928 million Class A Common shares, and 65 million Class B common Shares valuing Tingo Mobile at $3.7 Billion USD, one of the most valuable Fintech companies to ever emerge from Africa.
Company Info
Company info
, IWEB, is a technology development and services company that has just completed the acquisition of Tingo Mobile, Nigeria and has an agreement to acquire "Coinfield" a regulated global Crypto Exchange established since 2018, that offers Crypto Trading in 198 Global Markets the acquisition plans were announced on 26th July 2021, and anticipated to complete very soon additional information visit: www.iweb.company and www.coinfield.com