micromobility.com Inc. (the "Company", "we", "us") today announced the successful completion of a securities purchase agreement to sell its wholly-owned subsidiary, Wheels Labs, Inc. ("Wheels"), to Overseas Moped Investment and Holding Pte Ltd., a Singapore-based corporation (the "Purchaser"). Under the terms of the securities purchase agreement, signed on August 19, 2024, micromobility.com has agreed to sell all issued and outstanding capital stock of Wheels to the Purchaser. In exchange, the Purchaser will assume all of Wheels' assets and liabilities, including intellectual property, operational, legal, and future loss contingencies, while the Company will receive a nominal purchase pri
Micromobility.com (OTCQB:MCOM) is pleased to announce its graduation to the OTCQB ® Venture Market from the OTC Pink Market, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240730687136/en/Visit www.micromobility.com The OTCQB Venture Market, operated by OTC Markets Group, is recognized as the premier marketplace for early-stage and developing U.S. and international companies. The upgrade to the OTCQB reflects micromobility.com's commitment to transparency, improved financial standards, and enhanced shareholder value. "We are thrilled to have met the requirements for trading on the OTCQB Venture Market,"
micromobility.com Inc., a provider of urban mobility solutions, is pleased to announce a strategic acquisition by Palella Holdings LLC. On June 10, 2024, Palella Holdings acquired 51% of micromobility.com Inc.'s (MCOM) common stock, traded on the OTC pink sheets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611715224/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) This acquisition involved converting $705,441.98 of the principal amount of a convertible note issued by micromobility.com Inc. on January 31, 2024. This conversion resulted in the issuance of 47,029,465 shar
micromobility.com Inc. (OTC:MCOM), a global player in innovative transportation solutions, today announced its financial results for the year ended December 31, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240416233414/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) Amid a tough year for the micromobility sector, the Company showcased strategic resilience and focus, steering the company toward long-term stability and advancement. Total Net Revenues for the year amounted to $9.8 million, reflecting a 37% decrease from the previous year, primarily due to the strategic
micromobility.com Inc. (OTC:MCOM) micromobility.com Inc. reaffirms its ongoing, constructive dialogue with Atlas Special Opportunities, emphasizing that the Nasdaq delisting has not impacted the progress of their collaboration. Concurrently, the company highlights Hopium's significant advances in securing a potential partnership with a prominent Asian industrial group, a move that aligns with micromobility.com Inc.'s vision for sustainable urban transportation. CEO Salvatore Palella expressed optimism about these parallel developments. "Our robust discussions with Atlas Special Opportunities are progressing well, unaffected by the delisting," he stated. "Additionally, Hopium's potential Asi
micromobility.com Inc. ("micromobility.com" or the "Company") (NASDAQ:MCOM), a leader in innovative urban transportation solutions, today announced that on December 18, 2023, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that trading of its common stock and warrants will be suspended as of the opening of business on December 20, 2023 (the "Delisting Letter"), and, accordingly to the Company, has postponed a special meeting of the stockholders of the Company previously scheduled for January 2024 ("Special Meeting") at which it intends to seek approval for an additional reverse split. This press
micromobility.com Inc. (NASDAQ:MCOM) in a strategic move to bolster its executive team and strengthen its path to profitability, today announced the confirmation of Gian Luca Spriano as its Chief Financial Officer (CFO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212835282/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) This announcement follows closely on the heels of a significant financial achievement where the company successfully reduced its debt burden, enhancing its financial stability and setting a firm course for future profitability. Gian Luca Spriano, who
micromobility.com Inc. (NASDAQ:MCOM) announces a landmark achievement in its financial strategy, significantly reducing its debt and setting a course for profitability. The Company has successfully implemented a Settlement and Release Agreement, leading to a major reduction in its debt burden. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211437447/en/www.micromobility.com (Photo: Business Wire)">Visit www.micromobility.com (Photo: Business Wire) On November 27, 2023, micromobility.com Inc. entered into a Settlement and Release Agreement with Securis Investment Partners LLP, acting as an administrative agent for the lenders.
Building on the success of the Helbiz and Wheels apps, micromobility.com Inc. (NASDAQ:MCOM) proudly unveils its newest innovation – the micromobility.com App - The Micromobility Hub. This platform is a groundbreaking step towards sustainable urban living, combining vehicle purchases, retail interaction, and community engagement. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231205136983/en/www.micromobility.com (Photo: Business Wire)">Visit www.micromobility.com (Photo: Business Wire) We are excited to announce that the app is available for immediate download globally on the App Store and Google Play, with shipping options curr
Advancing Urban Mobility: Integrating Fintech and Long-Term Rentals for Market Leadership micromobility.com Inc. (NASDAQ:MCOM). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231204144369/en/Visit www.mciromobility.com As the CEO of micromobility.com Inc., I Salvatore Palella, feel it's crucial to directly address our shareholders. Herein lies my letter, outlining the company's strategic initiatives and steadfast commitment towards our collective success. Dear Valued Investors, As of December 4, 2023, with the execution of our reverse split, I would like to seize this opportunity to share with you the strategic vision driv
micromobility.com Inc. (NASDAQ:MCOM) in a strategic move to bolster its executive team and strengthen its path to profitability, today announced the confirmation of Gian Luca Spriano as its Chief Financial Officer (CFO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212835282/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) This announcement follows closely on the heels of a significant financial achievement where the company successfully reduced its debt burden, enhancing its financial stability and setting a firm course for future profitability. Gian Luca Spriano, who
micromobility.com Inc. (NASDAQ:MCOM), a leading innovator in the field of sustainable urban transportation, is pleased to announce the appointment of Velco Farina as its newest independent board member of the audit committee of the board of directors of the company. With a distinguished career spanning multiple continents and industries, Mr. Farina brings a wealth of experience and expertise to the micromobility.com team. Originally trained as an Industrial Engineer, Velco Farina holds an MBA from SDA Bocconi and UCLA Anderson. His professional journey began in management consulting, where he made his mark at renowned firms such as Bain & Co., Sapient, and McKinsey. In 2007, Mr. Farina tran
micromobility.com Inc.("micromobility" or the "Company") (NASDAQ:MCOM), a leader in the thriving micromobility sector, today announces a strategic leadership transition aimed at propelling the Company into a new era of profitable growth. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230920498614/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) After five years at the helm as Chief Financial Officer (CFO), Giulio Profumo has decided to transition out of his role at micromobility.com Inc. Effective immediately, Gian Luca Spriano will step into the role of interim Chief Financ
micromobility.com Inc., a provider of urban mobility solutions, is pleased to announce a strategic acquisition by Palella Holdings LLC. On June 10, 2024, Palella Holdings acquired 51% of micromobility.com Inc.'s (MCOM) common stock, traded on the OTC pink sheets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611715224/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) This acquisition involved converting $705,441.98 of the principal amount of a convertible note issued by micromobility.com Inc. on January 31, 2024. This conversion resulted in the issuance of 47,029,465 shar
micromobility.com Inc. (OTC:MCOM), a global player in innovative transportation solutions, today announced its financial results for the year ended December 31, 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240416233414/en/www.micromobility.com (Graphic: Business Wire)">Visit www.micromobility.com (Graphic: Business Wire) Amid a tough year for the micromobility sector, the Company showcased strategic resilience and focus, steering the company toward long-term stability and advancement. Total Net Revenues for the year amounted to $9.8 million, reflecting a 37% decrease from the previous year, primarily due to the strategic
Steady first half revenue and operating efficiency demonstrate resilience and progress Mobility remains robust, contributing majority of Q2 revenue Slashed financial liabilities by 21% in Q2 micromobility.com Inc. ("micromobility" or the "Company") (NASDAQ:MCOM), a global pioneer in sustainable transportation and micromobility services, today reported its financial results for the quarter ended June 30, 2023 on Form 10-Q filed today with the U.S. Securities and Exchange Commission. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230814421289/en/Visit www.micromobility.com Q2 and 1H 2023 Business and Financial Highlights Opera
First-quarter revenue up by 18% y/y, reflecting strong growth and improved financial performance 22% y/y decrease in operating cash outflows, indicating improved efficiency OpEx Down 9% y/y, Resulting in a Notable Drop in Net Loss 11% decrease in first-quarter financial liabilities, indicating significant reduction in outstanding obligations Rebranding Accomplished: Integrate Multiple Brands, Expanding to Retail and e-Commerce micromobility.com Inc. (NASDAQ:MCOM), a pioneering global micromobility ecosystem, today reported its financial results for the quarter ended March 31, 2023 on Form 10-Q filed today with the U.S. Securities and Exchange Commission. This press release features multi
10-Q - micromobility.com Inc. (0001788841) (Filer)
NT 10-Q - micromobility.com Inc. (0001788841) (Filer)
8-K - micromobility.com Inc. (0001788841) (Filer)
8-K - micromobility.com Inc. (0001788841) (Filer)
10-Q - micromobility.com Inc. (0001788841) (Filer)
8-K - micromobility.com Inc. (0001788841) (Filer)
10-Q - micromobility.com Inc. (0001788841) (Filer)
10-K - micromobility.com Inc. (0001788841) (Filer)
NT 10-K - micromobility.com Inc. (0001788841) (Filer)
8-K - micromobility.com Inc. (0001788841) (Filer)
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micromobility.com Inc. ("micromobility.com" or the "Company") (NASDAQ:MCOM), a leader in innovative urban transportation solutions, today announced that on December 18, 2023, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that trading of its common stock and warrants will be suspended as of the opening of business on December 20, 2023 (the "Delisting Letter"), and, accordingly to the Company, has postponed a special meeting of the stockholders of the Company previously scheduled for January 2024 ("Special Meeting") at which it intends to seek approval for an additional reverse split.This press rel
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micromobility.com Inc. (NASDAQ:MCOM) in a strategic move to bolster its executive team and strengthen its path to profitability, today announced the confirmation of Gian Luca Spriano as its Chief Financial Officer (CFO).This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231212835282/en/This announcement follows closely on the heels of a significant financial achievement where the company successfully reduced its debt burden, enhancing its financial stability and setting a firm course for future profitability. Gian Luca Spriano, who previously served as the interim CFO and has been with the Company since 2018, has been instrumental in
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