Helbiz to merge with Wheels Labs for up to 9.9% preferred stock and 4.9% warrants

micromobility.com Inc.

Merger consideration: up to 9.9% of outstanding common stock in Series A convertible preferred and warrants for up to 4.9% of common stock.
Warrants have $3.00 exercise price, 3-year term; Series A preferred pays 7.5% annual dividend quarterly, starting March 31, 2023.
Helbiz advanced $2.8M deposit to Wheels; closing conditions include Nasdaq listing and stockholder approval.
Issued 12.4M Class A common shares from conversion of $3.29M convertible notes (Oct 24-28, 2022).

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

micromobility.com Inc. entered into Agreement and Plan of Merger with Wheels Labs, Inc. (effective 2022-10-24).

Action: entry
Agreement: merger
Counterparty: Wheels Labs, Inc.
Effective: 2022-10-24

Exact text from the filing

On October 24, 2022, we entered into an Agreement and Plan of Merger (as amended, modified, or waived from time to time, the "Agreement") with our wholly-owned subsidiary, Helbiz Merger Sub Inc. ("Merger Sub"), and Wheels Labs, Inc. ("Wheels")

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38 material agreements filed in the last 30 days. Browse all material agreements →

micromobility.com Inc. filing history →

Source: SEC EDGAR

accession 0001079973-22-001369

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