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. |
