Micromobility Com Inc (MCOM)

[hondaboost]

MCOM, $6.1 in Mar: here:

Mar 30, 2023 6.2000 6.6000 5.8000 5.8500 5.8500 736,130
Mar 29, 2023 6.8500 6.9000 6.0000 6.1000 6.1000 848,188

[hondaboost]

MCOM, $0.07, was $4.5 in Apr. Amazing news: MCOM will take actions to fight with Shorts: Uncovers Consistent Trading Imbalances, Intensifies Measures to Protect Shareholder Interests and Ensure Fair Market Conditions

micromobility.com Inc. (NASDAQ: MCOM), leading micromobility ecosystem, today announced that Shareholder Intelligence Services LLC (“ShareIntel”) extensive analysis of MCOM stock, has identified consistent imbalances and reported short interest, signaling the potential presence of illegal naked short sales. When compared to the average trading volume, these imbalances prove to be notably significant. The Company continues to be committed to taking all necessary actions to protect the interests of its shareholders and will continue to work with ShareIntel and other partners to combat potential manipulative trading activities to help ensure fair market conditions.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230724707489/en/

[hondaboost]

MCOM, $0.07. It was $4.5 in Apr? What's up?

[abrooklyn]

micromobility.com Inc. Announces Second Quarter 2023 Financial Results

Source: Business Wire
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

Operations

Targeting financial self-sustainability and promising markets, exiting certain unattractive markets
Termination of non-core streaming contracts to channel resources into core competencies
Financial

First half revenue of $7.4 million, essentially unchanged from the year-earlier period
Q2 revenue of $3.5 million, with mobility the largest contributor
Operating expenses in Q2 increased y/y due to $16 million non-cash asset impairment charge
Operating expenses, excluding impairment of assets, decreased by 6% y/y, mainly due to lower sales & marketing and G&A expenses resulting from ongoing cost optimization strategy
Financial liabilities reduced by 21% y/y in Q2, primarily due to a significant decrease in outstanding financial obligations
Advanced to second phase of investigation of stock trading irregularities
Mobility

Quarterly Active Platform Users (“QAPUs”) up 18% q/q, Trips down 21% q/q
Maintained stable 1H revenue despite decreased Trips
Extended permit in Austin, expanded operations in Boston and Malta
Successfully introduced taxi service in key Italian cities
Flagship store in SoHo, NYC is targeting to open in early September
Launch of enhanced mobility app, heralding the arrival of micromobility 2.0
Kitchen

Geographic expansion to influential cities such as New York City and Austin
Introduction of same-day delivery service in New York City, enhancing customer convenience
micromobility.com Chief Executive Officer Salvatore Palella commented, “During Q2 the dynamic environment for micromobility was challenging, but we made progress toward our strategic goals due to our strong focus on the sector. Our strategic measures to recalibrate and optimize operations are ongoing, driving mobility as the core contributor to revenue. Even as we navigate toward financial self-sustainability, we are exploring new and promising avenues for growth, such as mergers and acquisitions, and of course the approaching opening of our flagship retail location in the Soho neighborhood of New York.”

micromobility.com Chief Financial Officer Giulio Profumo added, “In Q2 we continued to make progress towards our strategic objectives. Prudent spending enabled us to effectively manage operating expenses while addressing our various financial obligations and being prepared to capture growth opportunities. We are committed to building shareholder value by realizing our vision of uniting micromobility under a comprehensive brand.”

micromobility.com Inc.’s second quarter 2023 financial results can be found by accessing the Company's quarterly results page of the Investor Relations section of the micromobility.com Inc. website at: https://ir.micromobility.com/.

Conference Call Details

What: Second Quarter 2023 Results
When: Monday, Aug 14, 2023
Time: 5:30 p.m. EDT

Where:
Participants Registration Form for Live Dial-in Numbers:
https://conferencingportals.com/event/vmRDkxJU

Audio-only Webcast:
https://edge.media-server.com/mmc/p/d99nto7e

Webcast Replay Available: https://ir.micromobility.com/

About micromobility.com Inc.

micromobility.com Inc., a disruptive leader in the micro-mobility sector, founded by Salvatore Palella in 2015, combines expertise in retail, shared services, and vehicle rentals to revolutionize urban transportation. With operations spanning across the US and Europe, the holding group encompasses shared micro-mobility solutions through Helbiz Inc., vehicle rentals via Wheels Labs Inc. and e-commerce and planned brick-and-mortar stores via the micromobility.com brand. Committed to providing eco-friendly, affordable solutions and enhancing global accessibility, micromobility.com Inc. sets the standard for professional excellence in the micro-mobility landscape. For more information, visit www.micromobility.com.

Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements'' within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward looking statements. Due to known and unknown risks, actual results may differ materially from the Company’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the failure to meet projected development and production targets; (ii) changes in applicable laws or regulations;(iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the “SEC”) by the Company. Additional information concerning these and other factors that may impact the Company’s expectations and projections can be found in its periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2022. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to Helbiz and speaks only as of the date on which it is made. Helbiz undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.


View source version on businesswire.com: https://www.businesswire.com/news/home/20230814421289/en/

For media inquiries:
[e-mail]

For investor inquiries:
Gary Dvorchak, CFA
The Blueshirt Group
[e-mail]
[phone]

[Tom turtles]

Six cents...wow

[Tom turtles]

Criminals running this scam

[AJ Freely]

$MCOM - Progresses in Potential Acquisition of VanMoof Amsterdam: an innovative e-bike startup known for its successful subscription business model
👆Up 2.4%/ Current Price $0.083

[Tom turtles]

Unbelievable how much money this guy has taken from investors.

[Dr Gator]

LOL, you know I've been out of MCOM for over a month??????
Know what you are talking about DrivenByPain and WHY you sooooo worried about an old trade on MCOM that I got out of in early June?
You know it's now July 28Th

FYI: I posted that SAL kept increase shares by Yorkville Toxic Deal.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172215960
FYI: So, read and see that I posted with a link backing up SAL took 5.5 million to over 40 million float.
FYI: That shows I was correct to get out of MCOM, take my loss and move on. WHY you worried?

Since I got out of MCOM, the shares float as of today July 28th is 98 million
Incase you don't believe me, here is the most recent SEC filings:
https://ir.micromobility.com/static-files/2df81128-6da7-468e-a8d2-f95346811410

Now KNOW what you are talking about before posting a message to me... Which I didn't ask or respond to you about ANYTHING on MCOM.

[DrivenByPain]

You Helped Sal Sell Shares !!!!!!!

[Law of Averages]

BB bands are pinched super tight on MCOM. This looks ready to run.

[Triple nickle]

: )

[diskman]

Trolling for Wahoo on the kite, this baby going to run

[Triple nickle]

Third times a charm

[Natural Trader]

gonna pop up and collapse ... imo

[abrooklyn]

micromobility.com Inc. Announces Strategic Realignment to Strengthen its Financial Position and Drive Profitability

Source: Business Wire
Exits Streaming Business to Focus on Core Competencies

Directing Resources to Mobility to Revolutionize Transportation with Sustainable and Smart Solutions

Strengthens Position in Mobility to Navigate towards Sustainable Profitability

micromobility.com Inc. (the “Company” or “MCOM”) (NASDAQ: MCOM), a pioneering global micromobility ecosystem, today announced a strategic realignment of its business focus by discontinuing its media business. As part of the rebranding initiative, MCOM has terminated its streaming contracts and will discontinue streaming the 3rd season 2023-2024 of League Serie B in Italy and internationally. This strategic decision is expected to yield substantial cost savings of over EUR 14 million, bolstering the Company’s financial outlook.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230629364258/en/

Visit www.micromobility.com
Visit www.micromobility.com

The Company invested substantial resources to establish an innovative streaming platform to provide high-quality content to its valued customers. However, in line with its new strategic direction and renewed emphasis on its core mobility sector, the Company has decided to refine its business focus and reallocate its resources accordingly.

As a result, MCOM has taken the difficult but necessary decision to conclude its streaming contracts for the 3rd season 2023-2024 of League Serie B. This decision was made after careful consideration and evaluation of the Company's priorities and long-term objectives. By terminating the contracts, MCOM will achieve significant cost savings amounting to over EUR 14 million, enabling the Company to explore new opportunities and invest in strategic initiatives such as mergers and acquisitions.

“Exiting streaming tightens our focus on the biggest opportunities in our market of mobility,” said micromobility.com Chief Executive Officer Salvatore Palella. “We are aligning our brand and products with the micro-mobility ecosystem to more effectively offer efficient and sustainable transportation solutions. This solidifies our position as a leading player in micro-mobility, reflecting our dedication to revolutionizing the sector while optimizing our operations. We firmly believe that sharpening our focus on the mobility vertical is crucial to ensuring the company’s long-term profitability and success. ”

About micromobility.com Inc.

micromobility.com Inc., a disruptive leader in the micromobility sector, founded by Salvatore Palella in 2015, combines expertise in retail, shared services, and vehicle rentals to revolutionize urban transportation. With operations spanning across the US and Europe, the holding group encompasses shared micromobility solutions through Helbiz Inc., vehicle rentals via Wheels Labs Inc. and e-commerce and planned brick-and-mortar stores via the micromobility.com brand. Committed to providing eco-friendly, affordable solutions and enhancing global accessibility, micromobility.com Inc. sets the standard for professional excellence in the micromobility landscape. For more information, visit www.micromobility.com.

Forward-Looking Statements

Certain statements made in this press release are “forward-looking statements'' within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward looking statements. Due to known and unknown risks, actual results may differ materially from the Company’s expectations or projections. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) the failure to meet projected development and production targets; (ii) changes in applicable laws or regulations;(iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the “SEC”) by the Company. Additional information concerning these and other factors that may impact the Company’s expectations and projections can be found in its periodic filings with the SEC, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2022. The Company’s SEC filings are available publicly on the SEC’s website at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to Helbiz and speaks only as of the date on which it is made. Helbiz undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law.


View source version on businesswire.com: https://www.businesswire.com/news/home/20230629364258/en/

For media inquiries:
[e-mail]

For investor inquiries:
Gary Dvorchak, CFA
The Blueshirt Group
[e-mail]
[phone]

[DrivenByPain]

DollarDoug Pumped & Dumped On All Of You Here .

[SmellMyFinger]

LOL. Smelling it was merely recommended, not demanded.

[tat4tat]

Youre finger stinks.

[Dr Gator]

Last filing, SAL got shares up to 40.6 million now. Big jump since R/S it was at 5.5 million..
Sal is a dangerous CEO

https://ir.micromobility.com/node/9416/html

I still LOL how Sal is saying he should be replaced, just another pump by him

[SmellMyFinger]

Offering filed (2,812,584 shares). Dilution isn't helpful, $MCOM!

[Dr Gator]

So Sal is now coming out and saying he thinks it's best for a new CEO replace him.

[Eurotradr]

THE FREAKIN DILUTION NEVER ENDS!!!!!
micromobility.com, Inc.

2,100,000 Shares of Class A Common Stock



Pursuant to this prospectus supplement, the accompanying prospectus supplement and the accompanying base prospectus, we are offering 2,100,000 shares of our Class A common stock to YA II PN, Ltd., a Cayman Islands exempt limited partnership (“Yorkville”) at a price of approximately $0.3262 per share, pursuant to our previously announced Standby Equity Purchase Agreement with Yorkville dated January 24, 2023 (the “SEPA”). These shares are being issued as part of the commitment by Yorkville to purchase from time to time up to $20,000,000 of shares of our Class A common stock pursuant to the SEPA. The total purchase price of the shares is $685,020. We used half of the proceeds from the issuance of the shares in this offering to repay a portion of the principal amount owed to Yorkville pursuant to outstanding debentures issued to Yorkville. We issued the shares to Yorkville on or about June 12, 2023.

[chumfm]

Didn't miss a thing.Just more suckers buying a stock that has no fundamentals.Still dropping like a knife.Good luck and good trading.

[Triple nickle]

Guess you missed it

[Eurotradr]

Absolute crap!!! As long as Sal is at the helm this is a LOOSER!!!! Nothing has changed. He is an outright liar. 100% and the losses from pre-split .50+ will never be recouped. BEWARE!!!!

[Dr Gator]

Someone on Yahoo said they launched a new APP.
I have not see it yet
but up over 100% in premarket, NICE

[Triple nickle]

Goin back up

[Triple nickle]

A strong one

[Triple nickle]

Quite the contrary

[limer814]

Not in here ,but your message aged well

[Triple nickle]

Rippin

[Triple nickle]

Say good bye down here

[Triple nickle]

Push it thru

[LowFloatLopes]

Maybe letter of intent is now a signed deal?

[Triple nickle]

It’s jus gettin started

[LowFloatLopes]

Boom!

[Triple nickle]

Mcom,YAYO,HLBZ. Seem interconnected imo

[Triple nickle]

Just bringing it up again for peoples review

[Dr Gator]

Already had merger news 2 days ago...Maybe finally getting the delayed reaction... Plus the 424B2 Filings for the $20,000,000 should be close to being done

[Triple nickle]

Hmmmm merger news

[Triple nickle]

Sweet

[Triple nickle]

Just helping move it along
And people can see it’s not that bad jumping in the water

[Dr Gator]

Well either things:
Friday Nights Tricks.
1) Shorts got wind of news, so Covers
2) Same thing, So longs know of news...So using time to BUY cheap.
3) another SAL the Super trick to dump

[Triple nickle]

Itchy fingers on the buy button after to much coffee
Idk but I like it

[Dr Gator]

I'm searching for news, what caused it?

[Triple nickle]

Come on girl run

[chumfm]

Is this a bad stock?Buddy wake up,take a look at the chart on the right.This is probably the worst stock in the history of stocks.If you like things that go down,then this one is for you.Good luck and good trading.

[FORDGT]

Is this a bad stock? https://www.stocksplithistory.com/?symbol=mcom

[tw0122]

WeTaxi, amongst Italy’s leading taxi providers with access to over 25% of the national fleet, is anticipated to capture half of the market within the next two years. The company currently operates in 20 Italian cities, including the four cities where the service has been launched. Helbiz app users will benefit from transparent pricing, as the maximum fare for their ride will be displayed upfront, facilitating a streamlined planning process.

Salvatore Palella, CEO and Founder of micromobility.com Inc., commented on the partnership, "The collaboration with WeTaxi not only expands our service offerings and customer reach, but also establishes a new revenue stream for our company. By incorporating taxi services into our comprehensive ecosystem in cities such as Milan, Rome, Naples, and Turin, Helbiz users gain access to a wide range of services, including micro-mobility, food delivery, and insurance policies, all within a single app. We are eager to embark on this venture in Italy and look forward to exploring similar opportunities in the United States."

The partnership with WeTaxi enables the company to engage with a younger demographic who may not have previously used their services. Massimiliano Curto, CEO of WeTaxi, stated, "This strategic partnership allows us to offer a transparent, secure, and user-friendly service to a younger audience, providing them with the convenience of booking and paying for taxis directly from their smartphones."

The WeTaxi integration is now live in the Helbiz app, allowing users in Milan, Rome, Naples, and Turin to effortlessly book and pay for their rides using their preferred payment method. This partnership is set to transform the urban mobility landscape in Italy, as it promises to deliver an extensive range of convenient and affordable transportation options to a wider audience across these cities.

About micromobility.com Inc.

micromobility.com Inc., a disruptive leader in the micromobility sector, founded by Salvatore Palella in 2015, combines expertise in retail, shared services, and vehicle rentals to revolutionize urban transportation. With operations spanning across the US and Europe, the holding group encompasses shared micromobility solutions through Helbiz Inc., vehicle rentals via Wheels Labs Inc. and e-commerce and planned brick-and-mortar stores via the micromobility.com brand. Committed to providing eco-friendly, affordable solutions and enhancing global accessibility, micromobility.com Inc. sets the standard for professional excellence in the micromobility landscape. For more information, visit www.micromobility.com.

About Wetaxi

Wetaxi is a smart mobility platform that makes it easy, fast and intuitive to hail and book a cab. Founded in 2017 as a spin-off of the Politecnico di Torino, today Wetaxi offers its service in more than 20 Italian cities, thanks to a fleet of more than 6,000 affiliated cabs. Wetaxi has, in fact, put its technology at the service of radio cabs, proposing to cooperatives and consortia of taxi drivers a virtuous collaboration that takes into account the needs of the partners and the specifics of the territory, aimed at making the cab service increasingly accessible and widespread. Transparency, sustainability and accessibility are the hallmarks of Wetaxi. Values that can be found in two innovative and unique services that the platform offers: the Guaranteed Maximum Fare, which allows you to know in advance the cost of the ride, and the Shared Taxi, which offers the possibility of saving both economically and in terms of emissions.