Exhibit 107

 

Calculation of Filing Fee Table

 

Form S-8

(Form Type)

 

PowerFleet, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered Securities

 

Security Type  Security Class Title  Fee Calculation Rule   Amount Registered   Proposed Maximum Offering Price Per Share   Maximum Aggregate Offering Price   Fee Rate   Amount of
Registration Fee
 
Equity  Common Stock, par value $0.01 per share   457(h)    405,000(1)  $3.00(2)  $1,215,000(2)   0.0001102   $134 
Equity  Common Stock, par value $0.01 per share   457(c) and 457(h)    1,000,000(3)  $2.26(4)   2,260,000(4)   0.0001102   $249 
Total Offering Amounts       $3,475,000        $383 
Total Fee Offsets                         — 
Net Fee Due            $383 

 

(1) Represents shares of common stock, par value $0.01 per share (“Common Stock”), of PowerFleet, Inc., a Delaware corporation (the “Company”), issuable upon the exercise of options to purchase an aggregate of 405,000 shares of Common Stock (the “Options”) awarded to David Wilson, the Chief Financial Officer of the Company, as an inducement material to Mr. Wilson’s entering into employment with the Company, in accordance with the inducement grant exception under Rule 5635(c)(4) of the Nasdaq Listing Rules. Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement also covers such additional shares of Common Stock that may become issuable in respect of the shares identified in the above table by reason of any stock split, stock dividend, recapitalization or other similar transaction that results in an increase in the number of outstanding shares of Common Stock.
   
(2) Estimated solely for the purposes of calculating the registration fee pursuant to Rule 457(h) under the Securities Act, based on the exercise price of the Options.
   
(3) Represents shares of Common Stock issuable pursuant to the Company’s 2018 Incentive Plan, as amended (the “2018 Plan”). Pursuant to Rule 416(a) under the Securities Act, this Registration Statement also covers such additional shares of Common Stock that may become issuable under the 2018 Plan by reason of any stock split, stock dividend, recapitalization or other similar transaction that results in an increase in the number of outstanding shares of Common Stock.
   
(4) Estimated solely for the purposes of calculating the registration fee pursuant to Rule 457(c) and 457(h) under the Securities Act, based on the average of the high and low prices of the Common Stock as reported on The Nasdaq Global Market on August 9, 2023.