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Tingo Group Inc - TIO STOCK NEWS

Welcome to our dedicated news page for Tingo Group (Ticker: TIO), a resource for investors and traders seeking the latest updates and insights on Tingo Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tingo Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tingo Group's position in the market.

News
Tingo Group, Inc. to File Form 25 to Voluntarily Delist its Common Stock from the Nasdaq Stock Market
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) announces voluntary delisting from Nasdaq due to non-compliance with bid price and financial reporting rules. The Company aims to focus on an ongoing investigation by the SEC and safeguard shareholder value.
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Tingo Group Receives Nasdaq Notification Relating to its Recently Filed Financial Statements Non-Reliance Disclosure
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) received a notice from Nasdaq indicating non-compliance with timely filing of financial reports. The company has until January 18, 2024, to submit a plan to regain compliance, with a potential extension until June 24, 2024.
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Tingo Group Announces Interim Co-CEO to Temporarily Step Down by Mutual Agreement
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) announced the temporary stepping down of Mr. Dozy Mmobuosi as Interim Co-Chief Executive Officer and Member of the Board of Directors due to an order sought by the SEC. The Company intends to vigorously defend itself in relation to the SEC complaint and is committed to protecting business and shareholder value. Tingo will continue to operate, with Mr. Ken Denos serving as interim group CEO.
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Tingo Group Wins ‘Outstanding New Entry’ at The SERAS Africa CSR / Sustainability Awards
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) has been nominated for five awards, including Best Company in Food Security and Best Company in Poverty Reduction. The company won 'Outstanding New Entry' at the 17th annual SERAS Africa CSR & Sustainability Awards. Tingo received nominations alongside well-known organizations like Nestle, Unilever, Dangote Sugar, Anheuser-Busch’s International Breweries, Fidelity Bank, Total Energies, and Airtel.
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Tingo Group’s Commitment to Corporate Social Responsibility and Sustainability Recognized with SERAS Africa CSR / Sustainability Awards Nominations
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) has been nominated for five award categories at the 17th annual SERAS Africa CSR & Sustainability Awards, including Best Company in Food Security, Poverty Reduction, Outstanding New Entry, Stakeholder Engagement, and Use of Storytelling/Communications. The company has also been recognized and selected by Nigeria’s Presidential Enabling Business Environmental Council as one of five firms in the country with worker-friendly practices.
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Tingo Group Receives Nasdaq Request for Information Following Expiry of Securities & Exchange Commission’s Temporary Suspension of Trading in the Company’s Securities
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) has received a request for information from The Nasdaq Stock Market, resulting in the temporary suspension of trading in the Company’s Securities. The Company aims to cooperate with Nasdaq to achieve the resumption of trading as soon as possible.
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Tingo Group, Inc. Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) announced net revenues of $2.41 billion and operating profit of $492.5 million for the 9 months ended September 30, 2023. The company also revealed the lease of 6 million new phones and international expansion plans in Malawi and Pakistan. Despite challenges, the company is optimistic about growth.
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All Farmers Association of Nigeria (AFAN) Exclusively Adopts Tingo Mobile’s Nwassa Marketplace Platform for its Members
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) is partnering with the All Farmers Association of Nigeria (AFAN) to promote its Nwassa marketplace platform, offering a wide range of services to farmers. The partnership includes leasing six million smartphones to AFAN members and the commencement of the first rice harvest on land cultivated through the partnership. The program aims to cultivate larger areas of land and utilize a nationwide warehouse network. The partnership is set to significantly expand Tingo Mobile's customer base in Nigeria and support AFAN's commitment to register 20 million members as new customers.
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Tingo Group Realigns CFO Post Due to Impact of the Gaza Conflict
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) announces Kevin Chen to re-assume duties as Group Chief Financial Officer on an interim basis, while Amir Ayalon moves into a part-time consulting role due to personal circumstances in Israel. The company will start a search for a permanent CFO.
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Tingo Group to Host Third Quarter 2023 Results Conference Call on Tuesday November 14, 2023 at 8:00 a.m. Eastern Time
Rhea-AI Summary
Tingo Group, Inc. (NASDAQ: TIO) will hold a conference call on November 14, 2023, at 8:00 a.m. Eastern Time to present its third-quarter results and provide a business update. The call will include a presentation and a question-and-answer period. Questions can be submitted via email to TIO@mzgroup.us. Access the call through dial-in or webcast, with a telephone replay available afterward. The results will be detailed in a press release prior to the call.
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Tingo Group Inc

Nasdaq:TIO

TIO Rankings

N/A Ranked by Market Cap
#1812 Ranked by Stock Gains
N/A Ranked by Dividends

TIO Stock Data

166.95M
Other Commercial and Service Industry Machinery Manufacturing
Manufacturing
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About TIO

we develop, manufacture, integrate and market command and control rugged tablets and computer-based systems for mobile resource management (mrm), fleet management and the aerospace markets.