The Board of Agri-Fintech Holdings, Inc. (OTCPK:TMNA) announced the spin-off of unknown stake in Tingo Group, Inc. (OTCPK:TIOG) on October 6, 2023. The transaction is approved by board of directors of Agri-Fintech Holdings, Inc. As per the transaction, Agri-Fintech Holdings, Inc. estimates that, each shareholder would be expected to receive approximately one share of Tingo Group, Inc. for every three to four shares of Agri-Fintech Holdings, Inc. held by them on the record date for the distribution.