MiX Telematics Issues Update on PowerFleet Transaction

MiX Telematics (MIXT) has released an update to notify the public and investors about a regulation fd disclosure.

MiX Telematics Limited has submitted an update to the Johannesburg Stock Exchange regarding the issuance of documentation for its proposed transaction with PowerFleet. The update, which is not intended for legal liability or incorporation into any filings except as explicitly stated, has been provided as part of a Current Report and is not to be considered filed under the Securities Exchange Act.

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For a comprehensive understanding of the announcement, you can read the full document here.