Micromobilitycom INC

Market Movers (8-K)

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Micromobility.com, Inc. entered a new $25 million standby equity purchase agreement and a $2.5 million convertible note with Yorkville, while settling a $2.49 million judgment for $1.07 million.
Capital raise
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Micromobility.com Inc. reports the return of $2.345 million in escrow funds to Yorkville due to an unresolved judgment and Yorkville's instruction.
Worse than expected
Capital raise
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Micromobility.com files an amendment to its previous 8-K filing to correct an error related to the judgment escrow agreement.
Capital raise
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Micromobility.com Inc. dismisses Marcum LLP as its independent auditor and appoints CBIZ CPAs P.C. after CBIZ acquired Marcum's attest business.
Worse than expected
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Micromobility.com, Inc. has entered into a Standby Equity Purchase Agreement (SEPA) with YA II PN, Ltd., securing a $2.75 million convertible promissory note and access to a $25 million commitment.
Capital raise
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Micromobility.com Inc. has agreed to sell its Helbiz Europe and Italian subsidiaries, along with all Helbiz brand assets, to Palella Holdings LLC for $100,000.
Worse than expected

Quarterly Earnings (10-Q)

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Micromobility.com, Inc. reported a strategic pivot to IT software services, showing improved continuing operations but facing substantial doubt about its ability to continue as a going concern due to recurring losses and significant debt defaults.
Capital raise
Delay expected
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Micromobility.com, Inc. reports significant financial distress with a going concern warning, multiple debt defaults, and a material weakness in internal controls, despite a strategic pivot to IT services.
Worse than expected
Capital raise
Delay expected
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Micromobility.com's Q1 2025 results show increased revenue from IT services but continued net losses as the company shifts its focus away from micromobility and media.
Worse than expected
Capital raise
Delay expected
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Micromobility.com reports a net loss of $1.095 million for the nine months ended September 30, 2024, as it shifts focus to European operations following the sale of its US business.
Worse than expected
Capital raise
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Micromobility.com's Q2 2024 revenue significantly decreased compared to the same period last year, primarily due to the termination of media agreements and a strategic exit from unprofitable markets.
Worse than expected
Capital raise
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Micromobility.com's Q1 2024 revenue significantly decreased due to the early termination of media agreements and a strategic exit from unprofitable markets, while the company also reported a net loss.
Worse than expected
Capital raise

Annual Reports (10-K)

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Micromobility.com transitions to a technology-focused enterprise, providing software development and business services, while reporting financial results for the year ended December 31, 2024.
Capital raise
Worse than expected
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Micromobility.com significantly reduced its operations and reported a net loss of $62.1 million in 2023, as it grapples with financial challenges and a changing market landscape.
Capital raise
Worse than expected

Schedule 13G - Passive Investments

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Several entities associated with Yorkville Advisors, including YA II PN, Ltd. and Mark Angelo, have filed an amended Schedule 13G indicating they no longer beneficially own any Class A Common Stock in micromobility.com Inc. as of December 31, 2024.
Worse than expected