Gate Announces AIOT Listing and 19,480 Coin HODLer Airdrop

Gate will list OKZOO (AIOT) on August 30 and launch a HODLer Airdrop, sharing 19,480 AIOT coins. The event is open from August 29 to August 30. Users holding 1 GT can participate for free and receive AIOT.

PowerFleet Inc. (AIOT), a leading provider of fleet management solutions, is set to list on the Gate exchange on August 30. The company will also launch a HODLer Airdrop event, sharing 19,480 AIOT coins among participants. The event is open from August 29 to August 30, with users holding 1 GT eligible to participate for free and receive AIOT coins.

The listing on Gate comes amidst positive analyst sentiment. On August 19, Barrington analyst Gary Prestopino maintained a bullish stance on PowerFleet Inc. (AIOT), giving the stock a Buy rating with a $15 price target [1]. The analyst cited the company’s strategic initiatives and solid financial performance, particularly its strong Q1 2026 results. PowerFleet Inc. (AIOT) has demonstrated operational efficiency and significant cost synergies, bolstering its pipeline growth through strategic partnerships.

PowerFleet Inc. (AIOT) offers a range of solutions, including wireless Internet of Things and machine-to-machine technologies for controlling, securing, tracking, and managing enterprise assets. The company operates in the United States, Israel, and Other geographical segments.

While PowerFleet Inc. (AIOT) shows promise, the analyst noted that certain AI stocks may offer greater upside potential with less downside risk. The HODLer Airdrop event could attract investors seeking to diversify their portfolios or capitalize on the onshoring trend.

References:
[1] https://finance.yahoo.com/news/barrington-maintains-bullish-stance-powerfleet-035625075.html