Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: Purchases of Equity Securities by the Issuer
−Removed: 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: Share Purchase Agreement, dated September 18, 2024, by and among Golden Eagle Topco, LP, the Other Shareholders Party There to, Powerfleet, Inc.
−Removed: and Powerfleet Canada Holdings Inc.
−Removed: (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).†
Amending Agreement No.
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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).†
−Removed: Powerfleet, Inc.
−Removed: 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).
−Removed: Facility Agreement, dated September 27, 2024, by and among Powerfleet, Inc., I.D.
−Removed: 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).†+
−Removed: 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).
+Added: Registration Rights Agreement, dated October 1, 2024, by and between Powerfleet, Inc.
+Added: and Ontario Teachers’ Pension Plan Board (incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on October 2, 2024).†
+Added: Amendment No.
+Added: 1, effective as of December 30, 2024, to the Amended and Restated Credit Agreement, dated March 18, 2024, by and among Powerfleet Israel Ltd., Pointer Telocation Ltd.
+Added: and Bank Hapoalim B.M (incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Powerfleet, Inc., filed with the SEC on January 3, 2025).†
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 September 30, 2024, formatted in Inline XBRL:
−Removed: (i) Condensed Consolidated Balance Sheets as of March 31, 2024 and September 30, 2024;
−Removed: (ii) Condensed Consolidated Statements of Operations for the three and six months ended September 30, 2023 and 2024;
−Removed: (iii) Condensed Consolidated Statements of Comprehensive Loss for the three months ended September 30, 2023 and 2024;
−Removed: (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;
+Added: 101 The following financial statements from the Company’s Quarterly Report on Form 10-Q for the quarter ended December 31, 2024, formatted in Inline XBRL:
+Added: (i) Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 2024;
+Added: (ii) Condensed Consolidated Statements of Operations for the three and nine months ended December 31, 2023 and 2024;
+Added: (iii) Condensed Consolidated Statements of Comprehensive Loss for the three and nine months ended December 31, 2023 and 2024;
+Added: (iv) Condensed Consolidated Statement of Changes in Stockholders’ Equity for the periods April 1, 2023 through December 31, 2023 and April 1, 2024 through December 31, 2024 (v) Condensed Consolidated Statements of Cash Flows for the nine months ended December 31, 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 September 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 December 31, 2024, formatted in Inline XBRL (included as Exhibit 101).
* Furnished herewith.
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The Company hereby undertakes to furnish supplemental copies of any of the omitted schedules or exhibits upon request by the SEC.
−Removed: Management contract or compensatory plan or arrangement.
−Removed: + Pursuant to Item 601(b)(10)(iv) of Regulation S-K, certain portions of this exhibit have been redacted.
−Removed: 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: November 12, 2024
+Added: February 10, 2025
/s/ Steve Towe
1 unchanged sentence
(Principal Executive Officer)
−Removed: November 12, 2024
+Added: February 10, 2025
/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.