137 0 Kommentare Micromobility.com Inc. Announces Reverse Stock Split - Seite 2

Shareholders who hold their stocks through a brokerage, bank, or other nominee will have the treatment of fractions determined by their respective institutions. The Reverse Stock Split will not alter the number of authorized shares of common stock or the par value per share. Additionally, all shareholder rights and preferences will remain unchanged. However, there will be proportionate adjustments to the exercise prices and the number of shares involved in the company’s outstanding equity awards and warrants.

Immediately after the reverse stock split, each stockholder’s percentage ownership interest in the company and proportional voting power will remain virtually unchanged, except for minor changes and adjustments that will result from rounding fractional shares into whole shares, as applicable. The rights and privileges of the holders of shares of common stock will be substantially unaffected by the reverse stock split.

The Company’s transfer agent, Continental Stock Transfer & Trust Company (“Continental”), will serve as exchange agent for the reverse stock split. Continental will be affecting all of the post-split shares in paperless, “book-entry” form. All book-entry or other electronic positions representing issued and outstanding shares of our common stock will be automatically adjusted.

For further details about the Reverse Stock Split, stakeholders may refer to the definitive proxy statement filed by micromobility.com Inc. with the United States Securities and Exchange Commission (the “SEC”) on August 18, 2023. This document is publicly accessible on the SEC’s website at www.sec.gov.

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 micromobility.com 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.