Helbiz signs LOI to acquire Wheels in all-stock deal; director resigns

micromobility.com Inc.

Helbiz signed non-binding LOI to acquire Wheels; primarily all-stock, expected close by year-end 2022.
Helbiz to pay $1M deposits in July and Aug 2022, plus $1M previously paid to Wheels.
CEO expects acquisition to double revenue, enhance margins, achieve profitability in 18 months.
Director Kimberly Wilford resigned June 17, 2022; cites limited availability, not a disagreement.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Kimberly Wilford

Director

MCOM · micromobility.com Inc.

Effective: 2022-06-17
Filed: June 24, 2022, 7:59 PM ET

Our independent director Kimberly Wilford informed us that she will step down as one of our directors and as a member of our nominating committee and compensation committee as of June 17, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Kimberly Wilford departed as Director at micromobility.com Inc..

Action: stepped down
Role: Director

Exact text from the filing

Our independent director Kimberly Wilford informed us that she will step down as one of our directors and as a member of our nominating committee and compensation committee as of June 17, 2022.

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micromobility.com Inc. filing history →

Source: SEC EDGAR

accession 0001079973-22-000790

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