Micromobility.com, Inc. has announced the issuance of 2,000,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at approximately $0.014 per share. This transaction is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, which allows Yorkville to purchase up to $50,000,000 of Micromobility.com's common stock over a 24-month period. The total purchase price for this specific issuance is $28,600, which the company has used to repay a portion of the principal amount owed to Yorkville from an outstanding loan. The shares were issued on or about March 4, 2024, and the prospectus supplement also covers the resale of these shares by Yorkville to the public. The company's common stock is traded on the OTC Pink...Show More

Micromobility.com, Inc. has announced the issuance of 2,000,000 shares of its common stock to YA II PN, Ltd., also known as Yorkville, at approximately $0.014 per share. This transaction is part of a Standby Equity Purchase Agreement (SEPA) dated March 7, 2023, which allows Yorkville to purchase up to $50,000,000 of Micromobility.com's common stock over a 24-month period. The total purchase price for this specific issuance is $28,600, which the company has used to repay a portion of the principal amount owed to Yorkville from an outstanding loan. The shares were issued on or about March 4, 2024, and the prospectus supplement 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 as of the last sale on March 4, 2024, the stock was priced at $0.0150 per share. The offering details include the potential resale methods by Yorkville, which could include ordinary brokerage transactions, block trades, sales to broker-dealers, or a combination of these methods. Yorkville has committed to not engaging in short sales or hedging transactions of Micromobility.com's stock during the term of the SEPA.