Exhibit 99.6
BNN Technology PLC
First Floor, Mallory House, Goostrey Way
Knutsford, Cheshire WA16 7GY
United Kingdom
May 15, 2019
MICT, Inc.
28 West Grand Avenue, Suite 3 Montvale, New Jersey 07645
Attn: David Lucatz, Chief Executive
ParagonEx Limited Willow House Main Road Onchan
Isle of Man IM3 1AJ Attn: Simon Duggan
Mark Gershinson
8 De Walden Court
85 New Cavendish Street London W1W 6XD United Kingdom
Re: Extension Notice
Gentlemen,
Pursuant to Section 13.1(b) of the Acquisition Agreement, dated as of December 18, 2018 (as amended, the “Acquisition Agreement”), by and among MICT, Inc., a Delaware corporation, Global Fintech Holdings Ltd., a British Virgin Islands corporation (“BVI Pubco”), GFH Merger Sub Inc., a Delaware corporation and a wholly-owned subsidiary of BVI Pubco, BNN Technology PLC, a United Kingdom private limited company (“BNN”), Brookfield Interactive (Hong Kong) Limited, a Hong Kong company (“BI China”), the shareholders of BI China, ParagonEx Ltd., a British Virgin Islands company (“ParagonEx”), certain holders of ParagonEx’s outstanding ordinary shares (the “ParagonEx Executing Shareholders”), the 102 Trustee holding shares on behalf of certain ParagonEx Executing Shareholders and Mark Gershinson, BNN hereby provides notice to the other parties to the Acquisition Agreement that it has elected to extend the “Outside Date” for termination of the Acquisition Agreement for an additional sixty (60) days because the Registration Statement (as defined in the Acquisition Agreement) is still subject to review and comment by the staff of the Securities and Exchange Commission.
BNN TECHNOLOGY PLC | ||
By: | /s/ Darren Mercer | |
Name: | Darren Mercer | |
Title: | Executive Director |