micromobility.com Inc. today announced a strategic leadership transition with the appointment of Gian Luca Spriano as Chief Executive Officer and member of the board of directors, effective December 9, 2024. Mr. Spriano succeeds Salvatore Palella, who has stepped down from his roles as CEO and director. Mr. Palella, the company's controlling shareholder, has no remaining executive or board position within the organization. Mr. Spriano brings experience and deep understanding of micromobility.com Inc.'s operations and strategic vision. He has been with the company since July 2018, serving in key roles including Head of Business Development and most recently as Chief Financial Officer since
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
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