secwatch.observer — SEC 8-K summary
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Issuer:     micromobility.com Inc. (MCOM)
CIK:        0001788841
Form:       8-K
Filed at:   2022-12-01T23:59:59+00:00
Accession:  0001079973-22-001489
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Helbiz issues $5M convertible note to Yorkville; $3M funded Dec 1, $2M due Dec 8
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- Issued $5M convertible promissory note to Yorkville; $3M received Dec 1, $2M due Dec 8, 2022.
- Note has 10% original issue discount, conversion price of $0.50, and zero interest unless default (15%).
- Repayment in five $1M installments from Jan 17 to Jan 31, 2023.
- Proceeds used for working capital and general corporate purposes.
- Amended August 2022 convertible debentures to clarify conversion price floor at $0.50 or 92.5% of VWAP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788841/000107997322001489/0001079973-22-001489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788841/000107997322001489/helbiz_8k-120122.htm
  HTML page:      https://secwatch.observer/filing/0001079973-22-001489

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer