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micromobility.com Inc. Announces Change in Control: Palella Holdings LLC Acquires 51% of MCOM Stock

  • NEW YORK--(BUSINESS WIRE)--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 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.
    06/11/2024

micromobility.com Inc. Announces Fiscal Year 2023 Financial Results, Embraces Strategic Efficiency Amidst Industry Challenges

  • NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (OTCPINK: MCOM), a global player in innovative transportation solutions, today announced its financial results for the year ended December 31, 2023. 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 stra.
    04/16/2024
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The price of Micromobility.com Inc. (MCOM) is 0.0138 and it was updated on 2024-07-15 09:00:50.

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micromobility.com Inc. Continues Progress with Atlas Special Opportunities Amidst Nasdaq Delisting and Celebrates Hopium's Advancements

  • NEW YORK--(BUSINESS WIRE)--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 S.
    Thu, Dec. 21, 2023

Micromobility.com gets delisted from the Nasdaq

  • Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company's noncompliance with the stock exchange's listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted from the stock exchange in September.
    Tue, Dec. 19, 2023

Dear MCOM Stock Fans, Mark Your Calendars for Dec. 20

  • Another struggling stock won't live to see 2024. Micromobility.com (NASDAQ: MCOM ) has been on quite the losing streak lately, shedding almost all its value in one month.
    Tue, Dec. 19, 2023

Why Are Stocks Up Today?

  • Stocks are up today and investors wondering why will want to keep reading as we have a breakdown of the market's rally on Tuesday! The big catalyst keeping stocks up today comes from high investor hopes for interest rate cuts in 2024.
    Tue, Dec. 19, 2023

Why Is Micromobility.com (MCOM) Stock Down 45% Today?

  • Micromobility.com (NASDAQ: MCOM ) stock is falling on Tuesday after the urban transportation company provided an update on a delisting notice. Shares of MCOM stock are currently facing delisting from the Nasdaq Exchange.
    Tue, Dec. 19, 2023
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micromobility.com Inc. to Address Nasdaq Delisting Notice; Postpones Special Meeting and Withdraws Reverse Split Request

  • NEW YORK--(BUSINESS WIRE)--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, accordi.
  • 12/19/2023

micromobility.com Inc. Appoints Gian Luca Spriano as CFO, Embarking on a Bold Management Restructuring for Future Success and Plan for Profitability

  • NEW YORK--(BUSINESS WIRE)--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 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.
  • 12/12/2023

MCOM Stock Alert: The $9.25 Million Reason Micromobility.com Is Up Today

  • Micromobility.com (NASDAQ: MCOM ) stock is rising higher on Monday after the transportation company succeeded in reducing its debt by $9.25 million. Micromobility.com reached an agreement with lenders to forgive its outstanding debt, as well as all accrued and unpaid interest.
  • 12/11/2023

micromobility.com Inc. Slashes Debt by $9.25 Million in Strategic Financial Triumph

  • NEW YORK--(BUSINESS WIRE)--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. 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 len.
  • 12/11/2023

micromobility.com - Elevating Urban Transport with Online Retail and Community Features

  • NEW YORK--(BUSINESS WIRE)--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. We are excited to announce that the app is available for immediate download globally on the App Store and Google Play, with shipping options.
  • 12/05/2023

Steering Ahead: micromobility.com Inc.'s Strategic Path to Profitability and Market Expansion.

  • NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (Nasdaq: MCOM). 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 driving micromobility.com.
  • 12/04/2023

micromobility.com Appoints Velco Farina as New Board Member

  • NEW YORK--(BUSINESS WIRE)--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,.
  • 12/01/2023

Micromobility.com Inc. Announces Reverse Stock Split

  • NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (Nasdaq: MCOM), a pioneer in the urban transportation industry, previously announced that its shareholders approved a reverse stock split of its common stock at a ratio of 150-for-1 (the “Reverse Stock Split”) on November 13, 2023. This change is slated to take effect immediately upon the market opening on the Nasdaq Capital Market (“Nasdaq”) on December 4, 2023 (the “Effective Date”). On the Effective Date the company's common stock will begin.
  • 11/29/2023

Micromobility.com Inc. demonstrates Fiscal Resilience and Progress in Q3 2023

  • NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (NASDAQ: MCOM), a disruptive leader in the micro-mobility sector, today announced its Q3 2023 financial results, underscoring continued strategic progress and operational efficiency. Key Financial Highlights: - 9-Month 2023 Revenue, approximately $9.0 million. - Q3 2023 Revenue, approximately $1.5 million. - Operating Expenses: 66% reduction comparing Q3 2023 with Q3 2022. - Q3 2023 Net Loss approximately $9.5 million, showing a decrease of 61%.
  • 11/14/2023

Micromobility.com Inc. Announces Shareholder Approval for Strategic Reverse Split and Expansion of Share Capital

  • NEW YORK--(BUSINESS WIRE)--micromobility.com Inc. (the “Company”) (NASDAQ: MCOM), a leader in innovative urban transportation solutions, today made several significant announcements following its Special Meeting of Stockholders and a recent financial arrangement. Firstly, shareholders authorized a reverse stock split of the Company's issued and outstanding common stock. Upon authorization of the reverse stock split proposal the board of the Company's approval for a one-for-one-hundred-fifty (1:.
  • 11/13/2023

Helbiz Signals New Profitable Chapter in U.S. Micro-Mobility with Tampa Introduction

  • NEW YORK--(BUSINESS WIRE)--Helbiz, a subsidiary of Micromobility.com Inc. (NASDAQ: MCOM), is proud to announce its strategic expansion into the U.S. market, starting with a profit-driven micro-mobility service in Tampa. Helbiz is one of only two scooter operators granted the opportunity to redefine urban transport in Tampa, FL, with a permitted fleet of 1,500 scooters. This launch signifies a major milestone in Helbiz's U.S. strategy, highlighting a shift towards sustainable profitability in th.
  • 11/13/2023

Micromobility.com Inc. Granted Extension for Continued Listing on Nasdaq

  • NEW YORK--(BUSINESS WIRE)--Micromobility.com (Nasdaq: MCOM) a leader in innovative urban transportation solutions, today announced it has received an extension from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market. This decision is subject to the company meeting specific compliance criteria within designated timeframes. The Nasdaq Hearings Panel has stipulated that Micromobility.com Inc. must meet all the continued listing requirements, including the Bid Price and.
  • 11/09/2023

MCOM Stock Alert: Micromobility.com Is Making a BIG Bet on Hydrogen

  • Micromobility (NASDAQ: MCOM ), the electric scooter and e-bike outfit formerly called Helbiz, will invest in Hopium, a French start-up hoping to build a hydrogen-powered car. The news sent MCOM stock up 17% on Oct. 17 and a little higher early this morning, Oct. 18.
  • 10/18/2023

Micromobility.com Takes a Further Step in Its Development Focusing on the Hydrogen Sector With Hopium

  • NEW YORK--(BUSINESS WIRE)--Micromobility.com (NASDAQ: MCOM) a frontrunner in sustainable urban transportation and micro-mobility solutions, is making strides towards a greener future by signing a Letter of Intent (LOI) with Atlas Special Opportunities regarding Hopium (ALHPI.PA). Micromibility.com is negotiating with Atlas Special Opportunities a deal whereby Micromobility could become an important and long-term shareholder of Hopium. By the terms of this letter, Micromobility.com's investment.
  • 10/11/2023

Micromobility.com Inc. (MCOM) Q2 2023 Earnings Call Transcript

  • Micromobility.com Inc. (NASDAQ:MCOM ) Q2 2023 Results Conference Call August 14, 2023 5:30 PM ET Company Participants Gary Dvorchak - MD, The Blueshirt Group Salvatore Palella - Founder and CEO Giulio Profumo - CFO Operator Thank you for standing by, and welcome to the micromobility.com Inc. Second Quarter 2023 Earnings Conference Call. As a reminder, today's program will be recorded.
  • 08/17/2023

Why Is Micromobility (MCOM) Stock Up 10% Today?

  • Micromobility (NASDAQ: MCOM ), formerly known as Helbiz, saw MCOM stock rise after exiting the streaming business to focus on what it called “core competencies.” The company held a contract to stream matches from Italy's Serie B soccer league for two years.
  • 06/29/2023

MCOM Stock: Micromobility.com Shares Update on Naked Short Selling Investigation

  • Micromobility.com (NASDAQ: MCOM ), the company formerly known as Helbiz, recently provided an update to its naked short selling investigation. The investigation, led by Share Intel, discovered “consistent imbalances” related to short seller activity of MCOM stock.
  • 04/06/2023

Dear HLBZ Stock Fans, Get Ready for Micromobility.com (MCOM) Stock

  • For months, investors have been watching Helbiz (NASDAQ: HLBZ ) stock trend gradually downward. Apart from its massive surge driven by short-selling attention in January 2023, the micromobility company has been in a race to the bottom all year.
  • 03/31/2023

HLBZ Stock Alert: Helbiz Preps to Change Name, Ticker Symbol

  • Helbiz (NASDAQ: HLBZ ), which rents and makes e-bikes and scooters, will undergo a 50-to-1 reverse stock split. Furthermore, it will change its name to Micromobility Inc., with the ticker symbol MCOM.
  • 03/31/2023

Helbiz stock tumbles on reverse split, rebrand to Micromobility.com

  • Shared micromobility company Helbiz said it will do a reverse stock split in an attempt to get back into compliance with the Nasdaq, which issued a delisting notice last July because Helbiz's stock was trading too low. Helbiz is also rebranding to Micromobility.com Inc.
  • 03/30/2023
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