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Micromobility.com Inc. has successfully completed the sale of its wholly-owned subsidiary, Wheels Labs, Inc., to Overseas Moped Investment and Holding Pte Ltd., a Singapore-based corporation. The securities purchase agreement, signed on August 19, 2024, allows the Purchaser to assume all of Wheels' assets and liabilities, including intellectual property and operational, legal, and future loss contingencies, for a nominal purchase price of $1.00. This strategic move enables Micromobility.com to concentrate on its core operations and explore other growth opportunities. The transaction includes customary representations, warranties, and provisions for termination. The CEO of Micromobility.com, Salvatore Palella, expressed that this divestiture is pivotal in refocusing the company's efforts on areas with the highest growth and value potential. Mah Hon Pun, Director of Overseas Moped Investment and Holding Pte Ltd., conveyed enthusiasm for the acquisition, which is in line with their strategy to expand in the micromobility sector. The full terms of the agreement are detailed in the Company's Current Report on Form 8-K, filed with the SEC.
Micromobility.com Inc. has successfully completed the sale of its wholly-owned subsidiary, Wheels Labs, Inc., to Overseas Moped Investment and Holding Pte Ltd., a Singapore-based corporation. The securities purchase agreement, signed on August 19, 2024, allows the Purchaser to assume all of Wheels' assets and liabilities, including intellectual property and operational, legal, and future loss contingencies, for a nominal purchase price of $1.00. This strategic move enables Micromobility.com to concentrate on its core operations and explore other growth opportunities. The transaction includes customary representations, warranties, and provisions for termination. The CEO of Micromobility.com, Salvatore Palella, expressed that this divestiture is pivotal in refocusing the company's efforts on areas with the highest growth and value potential. Mah Hon Pun, Director of Overseas Moped Investment and Holding Pte Ltd., conveyed enthusiasm for the acquisition, which is in line with their strategy to expand in the micromobility sector. The full terms of the agreement are detailed in the Company's Current Report on Form 8-K, filed with the SEC.
Micromobility.com Inc.は、シンガポールの企業であるOverseas Moped Investment and Holding Pte Ltd.に、完全子会社Wheels Labs, Inc.を売却することに成功しました。2024年8月19日に署名された証券購入契約により、購入者はWheelsの知的財産、運用・法的・将来的な損失リスクを含むすべての資産と負債を引き受けることができます。売買価格はわずか1ドルです。この戦略的な移行により、Micromobility.comは主要業務に集中し、その他の成長機会を探求することができます。取引には終了のための通常の表明・保証・規定が...すべて展開
Micromobility.com Inc.は、シンガポールの企業であるOverseas Moped Investment and Holding Pte Ltd.に、完全子会社Wheels Labs, Inc.を売却することに成功しました。2024年8月19日に署名された証券購入契約により、購入者はWheelsの知的財産、運用・法的・将来的な損失リスクを含むすべての資産と負債を引き受けることができます。売買価格はわずか1ドルです。この戦略的な移行により、Micromobility.comは主要業務に集中し、その他の成長機会を探求することができます。取引には終了のための通常の表明・保証・規定が含まれています。Micromobility.comのCEO、Salvatore Palella氏は、この売却が同社の成長と価値の高い領域に焦点を当てる上で重要なものだと述べています。Overseas Moped Investment and Holding Pte Ltd.のディレクターであるMah Hon Pun氏は、この買収に対して熱意を示し、マイクロモビリティセクターでの拡大戦略に沿っています。契約の全条件は、SECに提出された同社の現行報告書（Form 8-K）に詳細に記載されています。
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