Ian Jacobs - Apr 2, 2024 Form 3 Insider Report for Powerfleet, Inc. (PWFL)

Role
Director
Signature
/s/ Ian V. Jacobs
Stock symbol
PWFL
Transactions as of
Apr 2, 2024
Transactions value $
$0
Form type
3
Date filed
4/2/2024, 05:02 PM
Previous filing
Jun 14, 2022
Next filing
Jun 3, 2024

No securities are beneficially owned.

Remarks:

Reflects the beneficial ownership of the reporting person at the time of his appointment as a director of Powerfleet, Inc. ("Powerfleet") and does not include the securities acquired by the reporting person upon consummation of the transactions (the "Transactions") contemplated by the Implementation Agreement, dated as of October 10, 2023, by and among Powerfleet, Main Street 2000 Proprietary Limited ("Powerfleet Sub"), and MiX Telematics Limited ("MiX Telematics"), pursuant to which, on April 2, 2024, Powerfleet Sub acquired all of the issued ordinary shares of MiX Telematics, including the ordinary shares represented by MiX Telematics' American Depositary Shares, through the implementation of a scheme of arrangement, in exchange for shares of common stock, par value $0.01 per share, of Powerfleet. As a result of the Transactions, MiX Telematics became an indirect, wholly owned subsidiary of Powerfleet. The reporting person will file a Form 4 reflecting his acquisition of Powerfleet securities in connection with the consummation of the Transactions. Exhibit 24 - Power of Attorney