Tingo Group (TIO) Issues Response to Hindenburg's Latest Statement

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Go back to Tingo Group (TIO) Issues Response to Hindenburg's Latest Statement

Tingo Group Issues Response to Short-Seller’s Statement of September 5, 2023

September 6, 2023 8:40 AM EDT

Company Reiterates that the Detailed Investigation Completed on August 30, 2023 Disproved All the Short Sellers Allegations Against the Company

MONTVALE, N.J., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Tingo Group, Inc. (NASDAQ: TIO) (Tingo or the Company), a profitable and fast growing fintech, agri-fintech and food company, today issues a response to a statement made by short seller Hindenburg Research (Hindenburg) on September 5, 2023.

The Company noted that Hindenburg has once again attempted to repeat its previous allegations despite the completion of a detailed investigation into the short-seller report of June 6, 2023, which disproved... More