Summary by Moomoo AI
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
