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MICT, Inc. – ‘S-4’ on 7/25/22 – ‘EX-23.4’

On:  Monday, 7/25/22, at 10:02pm ET   ·   As of:  7/26/22   ·   Accession #:  1213900-22-41452   ·   File #:  333-266324

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 7/26/22  MICT, Inc.                        S-4                  224:62M                                    EdgarAgents LLC/FA

Registration Statement – Securities for a Merger   —   Form S-4   —   SA’33

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4         Registration Statement - Securities for a Merger    HTML  21.78M 
 2: EX-23.1     Consent of Friedman LLP, Independent Registered     HTML     57K 
                Public Accounting Firm of Mict, Inc                              
 3: EX-23.2     Consent of Ziv Haft, Bdo Member Firm, Independent   HTML     58K 
                Registered Public Accounting Firm of Mict Inc                    
 4: EX-23.3     Consent of Gries & Associates LLC, Independent      HTML     59K 
                Registered Public Accounting Firm of Tingo Inc                   
 5: EX-23.4     Consent of Olayinka Oyebola & Co                    HTML     58K 
12: EX-FILING FEES  Filing Fee Table                                HTML     70K 
 6: EX-99.1     Consent of John McMillan Scott                      HTML     58K 
 7: EX-99.2     Consent of John J. Brown                            HTML     58K 
 8: EX-99.3     Consent of Christophe Charlier                      HTML     58K 
 9: EX-99.4     Consent of Gurjinder Johal                          HTML     58K 
10: EX-99.5     Form of Proxy Card for Special Meeting of Mict,     HTML     58K 
                Inc                                                              
11: EX-99.6     Form of Proxy Card for Special Meeting of Tingo     HTML     58K 
                Inc                                                              
18: R1          Document And Entity Information                     HTML     73K 
19: R2          Unaudited Condensed Consolidated Balance Sheets     HTML    269K 
20: R3          Unaudited Condensed Consolidated Balance Sheets     HTML     73K 
                (Parentheticals)                                                 
21: R4          Unaudited Condensed Consolidated Statements of      HTML    221K 
                Operations                                                       
22: R5          Unaudited Condensed Consolidated Statements of      HTML     85K 
                Comprehensive Loss                                               
23: R6          Unaudited Condensed Consolidated Statements of      HTML    289K 
                Changes in Equity                                                
24: R7          Unaudited Condensed Consolidated Statements of      HTML    302K 
                Cash Flows                                                       
25: R8          Unaudited Condensed Consolidated Statements of      HTML    124K 
                Cash Flows                                                       
26: R9          Description of Business                             HTML    435K 
27: R10         Summary of Significant Accounting Policies          HTML    511K 
28: R11         Stockholders' Equity                                HTML    323K 
29: R12         Fair Value Measurements                             HTML    106K 
30: R13         Inventories                                         HTML    122K 
31: R14         Property and Equipment, Net                         HTML   1.08M 
32: R15         Intangible Assets, Net                              HTML    283K 
33: R16         Short-Term Loans from Banks and Others              HTML     91K 
34: R17         Equity Investment in Micronet                       HTML    190K 
35: R18         Loan to Micronet                                    HTML     71K 
36: R19         GFH Intermediate Holdings Ltd Acquisition           HTML    110K 
37: R20         Beijing Fucheng Lianbao Technology Co., Ltd         HTML    125K 
                Transaction                                                      
38: R21         Guangxi Zhongtong Insurance Agency Co., Ltd         HTML    189K 
                Acquisition                                                      
39: R22         All Weather Transaction                             HTML    183K 
40: R23         Segments                                            HTML    491K 
41: R24         Trade Accounts Receivable, Net                      HTML    167K 
42: R25         Supplementary Financial Statements Information      HTML    145K 
43: R26         Related Parties                                     HTML    154K 
44: R27         Operating Leases                                    HTML    202K 
45: R28         Provision for Income Taxes                          HTML    584K 
46: R29         Legal Proceedings                                   HTML     70K 
47: R30         Accrued Severance Pay, Net                          HTML     82K 
48: R31         Loss Per Share                                      HTML    103K 
49: R32         Subsequent Events                                   HTML     83K 
50: R33         Other Current Assets                                HTML     89K 
51: R34         Change in Accounting Treatment                      HTML    117K 
52: R35         Revenue Recognition                                 HTML    102K 
53: R36         Foreign Currency Translation                        HTML    109K 
54: R37         Accounts and Other Receivables                      HTML    296K 
55: R38         Intangible Assets and Work-in-Progress              HTML    264K 
56: R39         Liquidity and Financing Arrangements                HTML     69K 
57: R40         Current and Non-Current Liabilities                 HTML    380K 
58: R41         Accounting Policies, by Policy (Policies)           HTML    603K 
59: R42         Description of Business (Tables)                    HTML    284K 
60: R43         Summary of Significant Accounting Policies          HTML    325K 
                (Tables)                                                         
61: R44         Stockholders' Equity (Tables)                       HTML    280K 
62: R45         Fair Value Measurements (Tables)                    HTML    104K 
63: R46         Inventories (Tables)                                HTML    119K 
64: R47         Property and Equipment, Net (Tables)                HTML   1.07M 
65: R48         Intangible Assets, Net (Tables)                     HTML    284K 
66: R49         Short-Term Loans from Banks and Others (Tables)     HTML     88K 
67: R50         Equity Investment in Micronet (Tables)              HTML    186K 
68: R51         GFH Intermediate Holdings Ltd Acquisition (Tables)  HTML    108K 
69: R52         Beijing Fucheng Lianbao Technology Co., Ltd         HTML    120K 
                Transaction (Tables)                                             
70: R53         Guangxi Zhongtong Insurance Agency Co., Ltd         HTML    171K 
                Acquisition (Tables)                                             
71: R54         All Weather Transaction (Tables)                    HTML    171K 
72: R55         Segments (Tables)                                   HTML    476K 
73: R56         Trade Accounts Receivable, Net (Tables)             HTML    166K 
74: R57         Supplementary Financial Statements Information      HTML    145K 
                (Tables)                                                         
75: R58         Related Parties (Tables)                            HTML    140K 
76: R59         Operating Leases (Tables)                           HTML    202K 
77: R60         Provision for Income Taxes (Tables)                 HTML    569K 
78: R61         Accrued Severance Pay, Net (Tables)                 HTML     78K 
79: R62         Loss Per Share (Tables)                             HTML    101K 
80: R63         Other Current Assets (Tables)                       HTML     89K 
81: R64         Change in Accounting Treatment (Tables)             HTML    107K 
82: R65         Foreign Currency Translation (Tables)               HTML     99K 
83: R66         Accounts and Other Receivables (Tables)             HTML    284K 
84: R67         Intangible Assets and Work-in-Progress (Tables)     HTML    259K 
85: R68         Current and Non-Current Liabilities (Tables)        HTML    374K 
86: R69         Description of Business (Details)                   HTML    221K 
87: R70         Description of Business (Details) - Schedule of     HTML    124K 
                assets and liabilities                                           
88: R71         Description of Business (Details) - Schedule of     HTML     64K 
                net revenues, loss from operations and net loss                  
89: R72         Summary of Significant Accounting Policies          HTML    142K 
                (Details)                                                        
90: R73         Summary of Significant Accounting Policies          HTML     88K 
                (Details) - Schedule of estimated useful lives                   
91: R74         Stockholders' Equity (Details)                      HTML    188K 
92: R75         Stockholders' Equity (Details) - Schedule of stock  HTML     88K 
                options outstanding and exercisable                              
93: R76         Stockholders' Equity (Details) - Schedule of stock  HTML     85K 
                option plan                                                      
94: R77         Stockholders' Equity (Details) - Schedule of        HTML     88K 
                warrants outstanding                                             
95: R78         Fair Value Measurements (Details) - Schedule of     HTML     71K 
                fair value                                                       
96: R79         Inventories (Details) - Schedule of cost or net     HTML     65K 
                realizable value                                                 
97: R80         Property and Equipment, Net (Details)               HTML     69K 
98: R81         Property and Equipment, Net (Details) - Schedule    HTML     81K 
                of property and equipment                                        
99: R82         Intangible Assets, Net (Details) - Schedule of      HTML     91K 
                intangible assets                                                
100: R83         Intangible Assets, Net (Details) - Schedule of      HTML     69K  
                estimated future amortization of the intangible                  
                assets                                                           
101: R84         Short-Term Loans from Banks and Others (Details)    HTML     78K  
102: R85         Short-Term Loans from Banks and Others (Details) -  HTML     69K  
                Schedule of composition                                          
103: R86         Equity Investment in Micronet (Details)             HTML     70K  
104: R87         Equity Investment in Micronet (Details) - Schedule  HTML     63K  
                of net revenues and net loss                                     
105: R88         Equity Investment in Micronet (Details) - Schedule  HTML     98K  
                of purchase price of acquisition                                 
106: R89         Equity Investment in Micronet (Details) - Schedule  HTML     70K  
                of outstanding ordinary shares of micronets                      
107: R90         Loan to Micronet (Details)                          HTML     78K  
108: R91         GFH Intermediate Holdings Ltd Acquisition           HTML     69K  
                (Details)                                                        
109: R92         GFH Intermediate Holdings Ltd Acquisition           HTML     80K  
                (Details) - Schedule of net revenues and net loss                
110: R93         GFH Intermediate Holdings Ltd Acquisition           HTML     74K  
                (Details) - Schedule of purchase price allocation                
111: R94         Beijing Fucheng Lianbao Technology Co., Ltd         HTML     60K  
                Transaction (Details)                                            
112: R95         Beijing Fucheng Lianbao Technology Co., Ltd         HTML     70K  
                Transaction (Details) - Schedule of purchase price               
                of allocation                                                    
113: R96         Guangxi Zhongtong Insurance Agency Co., Ltd         HTML     74K  
                Acquisition (Details)                                            
114: R97         Guangxi Zhongtong Insurance Agency Co., Ltd         HTML    103K  
                Acquisition (Details) - Schedule of purchase of                  
                allocation                                                       
115: R98         All Weather Transaction (Details)                   HTML     67K  
116: R99         All Weather Transaction (Details) - Schedule of     HTML     97K  
                purchase price of acquisition                                    
117: R100        Segments (Details)                                  HTML     73K  
118: R101        Segments (Details) - Schedule of the financial      HTML     92K  
                performance of operating segments                                
119: R102        Segments (Details) - Schedule of the financial      HTML     85K  
                statements of balance sheet accounts of the                      
                segment                                                          
120: R103        Trade Accounts Receivable, Net (Details) -          HTML     64K  
                Schedule of accounts receivable                                  
121: R104        Trade Accounts Receivable, Net (Details) -          HTML     67K  
                Schedule of allowance for doubtful accounts                      
122: R105        Supplementary Financial Statements Information      HTML     73K  
                (Details) - Schedule of other current assets                     
123: R106        Supplementary Financial Statements Information      HTML     84K  
                (Details) - Schedule of other current liabilities                
124: R107        Related Parties (Details)                           HTML     98K  
125: R108        Related Parties (Details) - Schedule of current     HTML     67K  
                assets - related parties                                         
126: R109        Related Parties (Details) - Schedule of current     HTML     71K  
                liabilities - related parties                                    
127: R110        Operating Leases (Details)                          HTML     62K  
128: R111        Operating Leases (Details) - Schedule of leases by  HTML     67K  
                balance sheet                                                    
129: R112        Operating Leases (Details) - Schedule of operating  HTML     61K  
                lease expenses                                                   
130: R113        Operating Leases (Details) - Schedule of            HTML     77K  
                maturities operating lease liabilities                           
131: R114        Operating Leases (Details) - Schedule of lease      HTML     63K  
                term and discount rate                                           
132: R115        Provision for Income Taxes (Details)                HTML     92K  
133: R116        Provision for Income Taxes (Details) - Schedule of  HTML     77K  
                provision for taxes                                              
134: R117        Provision for Income Taxes (Details) - Schedule of  HTML     76K  
                deferred tax assets and liabilities                              
135: R118        Provision for Income Taxes (Details) - Schedule of  HTML     68K  
                reconciliation of income taxes                                   
136: R119        Legal Proceedings (Details)                         HTML     91K  
137: R120        Accrued Severance Pay, Net (Details) - Schedule of  HTML     66K  
                amounts accrued and the amounts funded with                      
                managers insurance policies                                      
138: R121        Loss Per Share (Details) - Schedule of basic and    HTML     70K  
                diluted net earnings losses per share                            
139: R122        Subsequent Events (Details)                         HTML    101K  
140: R123        Description of Business (Details) - Schedule of     HTML    131K  
                assets and liabilities                                           
141: R124        Description of Business (Details) - Schedule of     HTML     64K  
                net revenues, loss from operations and net loss                  
142: R125        Summary of Significant Accounting Policies          HTML     71K  
                (Details) - Schedule of estimated useful lives                   
143: R126        Stockholders' Equity (Details) - Schedule of stock  HTML     85K  
                option plan                                                      
144: R127        Stockholders' Equity (Details) - Schedule of        HTML     88K  
                warrants outstanding                                             
145: R128        Equity Investment in Micronet (Details) - Schedule  HTML     70K  
                of outstanding ordinary shares of micronets                      
146: R129        Beijing Fucheng Lianbao Technology Co., Ltd         HTML     70K  
                Transaction (Details) - Schedule of purchase price               
                of allocation                                                    
147: R130        Guangxi Zhongtong Insurance Agency Co., Ltd         HTML    101K  
                Acquisition (Details) - Schedule of purchase of                  
                allocation                                                       
148: R131        All Weather Transaction (Details) - Schedule of     HTML     95K  
                purchase price of acquisition                                    
149: R132        Segments (Details) - Schedule of the financial      HTML     91K  
                performance of operating segments                                
150: R133        Segments (Details) - Schedule of the financial      HTML     91K  
                statements of balance sheet accounts of the                      
                segment                                                          
151: R134        Intangible Assets, Net (Details) - Schedule of      HTML     91K  
                intangible assets                                                
152: R135        Trade Accounts Receivable, Net (Details) -          HTML     64K  
                Schedule of accounts receivable                                  
153: R136        Trade Accounts Receivable, Net (Details) -          HTML     67K  
                Schedule of allowance for doubtful accounts                      
154: R137        Other Current Assets (Details) - Schedule of other  HTML     71K  
                current assets                                                   
155: R138        Related Parties (Details) - Schedule of current     HTML     71K  
                assets - related parties                                         
156: R139        Related Parties (Details) - Schedule of current     HTML     63K  
                liabilities - related party                                      
157: R140        Operating Leases (Details) - Schedule of leases by  HTML     67K  
                balance sheet                                                    
158: R141        Operating Leases (Details) - Schedule of operating  HTML     61K  
                lease expenses                                                   
159: R142        Operating Leases (Details) - Schedule of            HTML     77K  
                maturities operating lease liabilities                           
160: R143        Operating Leases (Details) - Schedule of lease      HTML     63K  
                term and discount rate                                           
161: R144        Provision for Income Taxes (Details) - Schedule of  HTML     77K  
                provision for (Benefit of) income taxes                          
162: R145        Provision for Income Taxes (Details) - Schedule of  HTML     76K  
                deferred tax assets and liabilities                              
163: R146        Change in Accounting Treatment (Details)            HTML     63K  
164: R147        Change in Accounting Treatment (Details) -          HTML     73K  
                Schedule of accounting treatment on the balance                  
                sheet                                                            
165: R148        Significant Accounting Policies (Details) -         HTML     78K  
                Schedule of accumulated undistributed deficit                    
166: R149        Significant Accounting Policies (Details) -         HTML     85K  
                Schedule of reconciliation of income tax benefit                 
                at the U.S. statutory rate                                       
167: R150        Significant Accounting Policies (Details) -         HTML     69K  
                Schedule of net deferred tax assets                              
168: R151        Revenue Recognition (Details)                       HTML     67K  
169: R152        Foreign Currency Translation (Details) - Schedule   HTML     65K  
                of exchange rate                                                 
170: R153        Inventory (Details) - Schedule of inventory         HTML     65K  
171: R154        Accounts and Other Receivables (Details)            HTML     78K  
172: R155        Accounts and Other Receivables (Details) -          HTML     76K  
                Schedule of accounts and other receivables                       
173: R156        Accounts and Other Receivables (Details) -          HTML     74K  
                Schedule of aging of the prepayments balance                     
174: R157        Property, Plant & Equipment (Details) - Schedule    HTML    187K  
                of changes in cost, depreciation, and net book                   
                value                                                            
175: R158        Property, Plant & Equipment (Details) - Schedule    HTML     75K  
                of plant and equipment                                           
176: R159        Intangible Assets and Work-in-Progress (Details)    HTML     69K  
177: R160        Intangible Assets and Work-in-Progress (Details) -  HTML     76K  
                Schedule of intangible assets                                    
178: R161        Intangible Assets and Work-in-Progress (Details) -  HTML     67K  
                Schedule of work-in-progress                                     
179: R162        Liquidity and Financing Arrangements (Details)      HTML     64K  
180: R163        Current and Non-Current Liabilities (Details)       HTML     67K  
181: R164        Current and Non-Current Liabilities (Details) -     HTML     70K  
                Sechedule of accounts payable and accruals                       
182: R165        Current and Non-Current Liabilities (Details) -     HTML     76K  
                Sechedule of deferred income                                     
183: R166        Current and Non-Current Liabilities (Details) -     HTML     74K  
                Sechedule of value added tax                                     
184: R167        Taxation and Deferred Tax (Details) - Schedule of   HTML     65K  
                provision for income tax                                         
185: R168        Taxation and Deferred Tax (Details) - Schedule of   HTML     73K  
                significant components of our tax liabilities                    
186: R169        Taxation and Deferred Tax (Details) - Schedule of   HTML     66K  
                significant components of our deferred tax                       
                liabilities                                                      
187: R170        Change in Accounting Treatment (Details) -          HTML     70K  
                Schedule of accounting treatment on the balance                  
                sheet                                                            
188: R171        Significant Accounting Policies (Details) -         HTML     70K  
                Schedule of accumulated undistributed surplus                    
189: R172        Significant Accounting Policies (Details) -         HTML     85K  
                Schedule of reconciliation of income tax benefit                 
                at the U.S. statutory rate                                       
190: R173        Significant Accounting Policies (Details) -         HTML     69K  
                Schedule of net deferred tax assets                              
191: R174        Foreign Currency Translation (Details) - Schedule   HTML     65K  
                of exchange rate                                                 
192: R175        Inventory (Details) - Schedule of inventory         HTML     66K  
193: R176        Accounts and Other Receivables (Details) -          HTML     75K  
                Schedule of accounts and other receivables                       
194: R177        Accounts and Other Receivables (Details) -          HTML     72K  
                Schedule of Aging of the Prepayments balance                     
195: R178        Property, Plant & Equipment (Details) - Schedule    HTML    131K  
                of property, plant and equipment, net                            
196: R179        Property, Plant & Equipment (Details) - Schedule    HTML     75K  
                of property plant and equipment useful life                      
197: R180        Intangible Assets and Work-in- Progress (Details)   HTML     75K  
                - Schedule of intangible Assets                                  
198: R181        Current and Non-Current Liabilities (Details) -     HTML     65K  
                Summary of accounts payable and accruals                         
199: R182        Current and Non-Current Liabilities (Details) -     HTML     73K  
                Summary of deferred income                                       
200: R183        Current and Non-Current Liabilities (Details) -     HTML     71K  
                Summary of value added tax                                       
201: R184        Taxation and Deferred Tax (Details) - Schedule of   HTML     73K  
                provision for income tax                                         
202: R185        Taxation and Deferred Tax (Details) - Schedule of   HTML     72K  
                components of the tax liabilities                                
203: R186        Taxation and Deferred Tax (Details) - Schedule of   HTML     72K  
                components of the deferred tax liabilities                       
204: R187        Change in Accounting Treatment (Details) -          HTML     74K  
                Schedule of accounting treatment on the balance                  
                sheet                                                            
205: R188        Significant Accounting Policies (Details) -         HTML     71K  
                Schedule of accumulated undistributed surplus                    
206: R189        Foreign Currency Translation (Details) - Schedule   HTML     62K  
                of exchange rate                                                 
207: R190        Inventory (Details) - Schedule of cost or net       HTML     66K  
                realizable value                                                 
208: R191        Accounts and Other Receivables (Details) -          HTML     76K  
                Schedule of accounts and other receivables                       
209: R192        Accounts and Other Receivables (Details) -          HTML     72K  
                Schedule of aging of the prepayments balance                     
210: R193        Property, Plant & Equipment (Details) - Schedule    HTML    123K  
                of property and equipment                                        
211: R194        Property, Plant & Equipment (Details) - Schedule    HTML     73K  
                of property plant and equipment useful life                      
212: R195        Intangible Assets and Work-in- Progress (Details)   HTML     76K  
                - Schedule of intangible assets                                  
213: R196        Intangible Assets and Work-in- Progress (Details)   HTML     65K  
                - Schedule of work-in-progress                                   
214: R197        Current and Non-Current Liabilities (Details) -     HTML     70K  
                Schedule of accounts payable and accruals                        
215: R198        Current and Non-Current Liabilities (Details) -     HTML     74K  
                Schedule of deferred income                                      
216: R199        Current and Non-Current Liabilities (Details) -     HTML     71K  
                Schedule of value added tax                                      
217: R200        Taxation and Deferred Tax (Details) - Schedule of   HTML     69K  
                provision for income tax                                         
218: R201        Taxation and Deferred Tax (Details) - Schedule of   HTML     82K  
                significant components of our tax liabilities                    
219: R202        Taxation and Deferred Tax (Details) - Schedule of   HTML     72K  
                significant components of our deferred tax                       
                liabilities                                                      
222: XML         IDEA XML File -- Filing Summary                      XML    453K  
220: XML         XBRL Instance -- fs42022_mictinc_htm                 XML  13.77M  
221: EXCEL       IDEA Workbook of Financial Reports                  XLSX    448K  
14: EX-101.CAL  XBRL Calculations -- mict-20220331_cal               XML    322K 
15: EX-101.DEF  XBRL Definitions -- mict-20220331_def                XML   2.67M 
16: EX-101.LAB  XBRL Labels -- mict-20220331_lab                     XML   4.15M 
17: EX-101.PRE  XBRL Presentations -- mict-20220331_pre              XML   2.55M 
13: EX-101.SCH  XBRL Schema -- mict-20220331                         XSD    891K 
223: JSON        XBRL Instance as JSON Data -- MetaLinks              860±  1.26M  
224: ZIP         XBRL Zipped Folder -- 0001213900-22-041452-xbrl      Zip   4.16M  


‘EX-23.4’   —   Consent of Olayinka Oyebola & Co


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 23.4

 

 

 

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 

We hereby consent to the incorporation by reference in the Joint Registration and Proxy Statement on Form S-4 (“Registration Statement”) of our report, dated July 24, 2022, relating to the consolidated financial statements of Tingo Mobile PLC, a wholly-owned subsidiary of Tingo, Inc. (the “Company”) (which report expresses an unqualified opinion), which appears in the Registration Statement.


 

 

OLAYINKA OYEBOLA & CO.

(Chartered Accountants)

We have served as the Company's auditor since February 2020.

July 24, 2022

Lagos, Nigeria


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-4’ Filing    Date    Other Filings
Filed as of:7/26/22
Filed on:7/25/2210-Q
7/24/22
 List all Filings 


4 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 6/17/22  Tingo Group, Inc.                 10-K       12/31/21  127:10M                                    EdgarAgents LLC/FA
 5/17/22  Tingo Group, Inc.                 8-K:1,3,5,8 5/10/22   15:1.2M                                   EdgarAgents LLC/FA
 4/21/20  Tingo Group, Inc.                 8-K:1,3,7,9 4/15/20    5:796K                                   EdgarAgents LLC/FA
 3/18/13  MICT, Inc.                        S-1/A¶                15:4.5M                                   Toppan Merrill/FA
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