1 unchanged sentence
Purchases of Equity Securities by the Issuer
−Removed: The following table provides information regarding our share repurchase activity for each month of the quarterly period ended June 30, 2024 (in thousands, except per share data).
−Removed: These shares were withheld to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock.
−Removed: Period Total Number of Shares Purchased Average Price Paid per Share Total Number
−Removed: Part of Publicly
−Removed: Announced Plans
−Removed: or Programs Approximate
−Removed: Dollar Value of
−Removed: Shares that May Yet
−Removed: Be Purchased Under
−Removed: April 1, 2024 - April 30, 2024 566 (1) $ 5.01 $ — $ —
−Removed: May 1, 2024 - May 31, 2024 — $ — $ — $ —
−Removed: June 1, 2024 - June 30, 2024 — $ — $ — $ —
−Removed: 566 $ 5.01 $ — $ —
−Removed: (1) Represents shares of common stock withheld to satisfy minimum tax withholding obligations in connection with the vesting of restricted stock
+Added: During the quarterly period ended September 30, 2024, no shares were repurchased by the Company.
The following exhibits are filed with this Quarterly Report on Form 10-Q:
Number Description
−Removed: Credit Agreement, dated March 14, 2024, between MiX Telematics and FirstRand Bank Limited acting through Rand Merchant Bank division.
+Added: Share Purchase Agreement, dated September 18, 2024, by and among Golden Eagle Topco, LP, the Other Shareholders Party There to, Powerfleet, Inc.
+Added: and Powerfleet Canada Holdings Inc.
+Added: (incorporated by reference to Exhibit 2.1 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on September 18, 2024).†
+Added: Amending Agreement No.
+Added: 1 (Share Purchase Agreement), dated October 1, 2024, by and between Powerfleet, Inc.
+Added: and Powerfleet Canada Holdings Inc.
+Added: and Golden Eagle Topco, LP (incorporated by reference to Exhibit 2.2 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on October 1, 2024).†
+Added: Powerfleet, Inc.
+Added: 2018 Incentive Plan, as amended (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on September 17, 2024).
+Added: Facility Agreement, dated September 27, 2024, by and among Powerfleet, Inc., I.D.
+Added: Systems, Inc., Movingdots GmbH and FirstRand Bank Limited (acting through its Rand Merchant Bank division) (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on October 1, 2024).†+
+Added: Form of Subscription Agreement (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on September 18, 2024).
Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.*
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§ 1350 As Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.*
−Removed: 101 The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, formatted in Inline XBRL:
−Removed: (i) Condensed Consolidated Balance Sheets as of March 31, 2024 and June 30, 2024;
−Removed: (ii) Condensed Consolidated Statements of Operations for the three months ended June 30, 2023 and 2024;
−Removed: (iii) Condensed Consolidated Statements of Comprehensive Loss for the three months ended June 30, 2023 and 2024;
−Removed: (iv) Condensed Consolidated Statement of Changes in Stockholders’ Equity for the three months ended June 30, 2023 and 2024 (v) Condensed Consolidated Statements of Cash Flows for the three months ended June 30, 2023 and 2024;
+Added: 101 The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, formatted in Inline XBRL:
+Added: (i) Condensed Consolidated Balance Sheets as of March 31, 2024 and September 30, 2024;
+Added: (ii) Condensed Consolidated Statements of Operations for the three and six months ended September 30, 2023 and 2024;
+Added: (iii) Condensed Consolidated Statements of Comprehensive Loss for the three months ended September 30, 2023 and 2024;
+Added: (iv) Condensed Consolidated Statement of Changes in Stockholders’ Equity for the periods April 1, 2023 through September 30, 2023 and April 1, 2024 through September 30, 2024 (v) Condensed Consolidated Statements of Cash Flows for the six months ended September 30, 2023 and 2024;
and (vi) Notes to Condensed Consolidated Financial Statements.
−Removed: 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, formatted in Inline XBRL (included as Exhibit 101).
+Added: 104 The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, formatted in Inline XBRL (included as Exhibit 101).
* Furnished herewith.
+Added: Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K.
+Added: The Company hereby undertakes to furnish supplemental copies of any of the omitted schedules or exhibits upon request by the SEC.
+Added: Management contract or compensatory plan or arrangement.
+Added: + Pursuant to Item 601(b)(10)(iv) of Regulation S-K, certain portions of this exhibit have been redacted.
+Added: Redacted information is indicated by [***].
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
POWERFLEET, INC.
−Removed: August 28, 2024
+Added: November 12, 2024
/s/ Steve Towe
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(Principal Executive Officer)
−Removed: August 28, 2024
+Added: November 12, 2024
/s/ David Wilson
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.