Micromobility.com, Inc. has announced the sale of 1,900,000 shares of its common stock to investment firm YA II PN, Ltd., also known as Yorkville, at approximately $0.013 per share. The transaction, which took place on or about March 1, 2024, is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, under which Yorkville committed to purchasing up to $50 million of Micromobility.com's common stock over time. The total purchase price for this specific sale was $26,410, and the proceeds were used to repay a portion of the principal amount owed to Yorkville from a previous loan. The shares are also available for resale by Yorkville to the public. The company's stock is traded on the OTC Pink Sheets under the symbol...Show More

Micromobility.com, Inc. has announced the sale of 1,900,000 shares of its common stock to investment firm YA II PN, Ltd., also known as Yorkville, at approximately $0.013 per share. The transaction, which took place on or about March 1, 2024, is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, under which Yorkville committed to purchasing up to $50 million of Micromobility.com's common stock over time. The total purchase price for this specific sale was $26,410, and the proceeds were used to repay a portion of the principal amount owed to Yorkville from a previous loan. The shares are also available for resale by Yorkville to the public. The company's stock is traded on the OTC Pink Sheets under the symbol 'MCOM', and as of the last sale on March 1, 2024, the stock was priced at $0.0150 per share. The offering document includes a warning about the investment risks involved and states that neither the SEC nor any other regulatory body has approved or disapproved of the securities, nor have they passed upon the accuracy or adequacy of the prospectus supplement.