Micromobility.com, Inc. has announced the issuance of 2,500,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at a price of approximately $0.012 per share. This transaction is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, under which Yorkville has committed to purchasing up to $50 million worth of Micromobility.com's common stock over time. The total purchase price for this specific issuance is $30,500. The proceeds from the sale have been allocated to repay a portion of the principal amount owed to Yorkville from an outstanding loan and debentures, as well as for general corporate purposes. The shares were issued on or about March 7, 2024, and the offering also covers the resale of these shares...Show More

Micromobility.com, Inc. has announced the issuance of 2,500,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at a price of approximately $0.012 per share. This transaction is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, under which Yorkville has committed to purchasing up to $50 million worth of Micromobility.com's common stock over time. The total purchase price for this specific issuance is $30,500. The proceeds from the sale have been allocated to repay a portion of the principal amount owed to Yorkville from an outstanding loan and debentures, as well as for general corporate purposes. The shares were issued on or about March 7, 2024, and the offering also covers the resale of these shares by Yorkville to the public. The company's common stock is traded on the OTC Pink Sheets under the symbol 'MCOM', and the last sale price reported on March 7, 2024, was $0.0130 per share. The prospectus supplement includes a warning that investing in Micromobility.com's common stock involves risks and advises investors to read the 'Risk Factors' section.