Micromobility Com Inc (MCOM)

[Eurotradr]

DILUTION, Dilution, dilution...
micromobility.com, Inc.
715,000 Shares of Class A Common Stock
Pursuant to this prospectus supplement, the accompanying prospectus supplement and the accompanying base prospectus, we are offering 715,000 shares of our Class A common stock to YA II PN, Ltd., a Cayman Islands exempt limited partnership (“Yorkville”) at a price of approximately $0.5300 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 $378,950. 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 May 16, 2023.