Micromobility.com, Inc. has announced the issuance of 1,600,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at approximately $0.015 per share, under the Standby Equity Purchase Agreement (SEPA) dated March 7, 2023. The transaction, which took place on or about February 15, 2024, resulted in proceeds of $24,640, which the company has allocated for general corporate purposes. This offering is part of a larger agreement with Yorkville, which allows for the purchase of up to $50 million worth of Micromobility.com's common stock over a 24-month period. 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...Show More

Micromobility.com, Inc. has announced the issuance of 1,600,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at approximately $0.015 per share, under the Standby Equity Purchase Agreement (SEPA) dated March 7, 2023. The transaction, which took place on or about February 15, 2024, resulted in proceeds of $24,640, which the company has allocated for general corporate purposes. This offering is part of a larger agreement with Yorkville, which allows for the purchase of up to $50 million worth of Micromobility.com's common stock over a 24-month period. 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 February 15, 2024, the shares were valued at $0.0160 each. The prospectus supplement includes a warning that investing in the company's common stock involves risks and advises investors to read the 'Risk Factors' section. Additionally, the SEC has not approved or disapproved the securities, nor have they commented on the prospectus supplement's accuracy or adequacy.