Micromobility.com, Inc. has announced the issuance of 2,700,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at a price of approximately $0.010 per share. This transaction, which took place on or about March 11, 2024, is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, under which Yorkville committed to purchasing up to $50 million worth of Micromobility.com's common stock. The total purchase price for the shares was $27,270, which the company used to repay a portion of the principal amount owed to Yorkville from an outstanding loan. The shares are also available for resale by Yorkville to the public. The company's common stock is traded on the OTC Pink Sheets under the symbol 'MCOM...Show More

Micromobility.com, Inc. has announced the issuance of 2,700,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at a price of approximately $0.010 per share. This transaction, which took place on or about March 11, 2024, is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, under which Yorkville committed to purchasing up to $50 million worth of Micromobility.com's common stock. The total purchase price for the shares was $27,270, which the company used to repay a portion of the principal amount owed to Yorkville from an outstanding loan. The shares are also available for resale by Yorkville to the public. The company's common stock is traded on the OTC Pink Sheets under the symbol 'MCOM', and as of the last sale on March 11, 2024, the stock was priced at $0.011 per share. The offering document includes a warning about the investment risks and states that neither the SEC nor any other regulatory body has approved or disapproved of the securities, nor have they commented on the accuracy or adequacy of the prospectus supplement.