micromobility.com Inc. (MCOM): Nasdaq/NYSE listing notice — Helbiz receives Nasdaq delisting notice for missing annual meeting; CEO issued 2.2M shares for salary

micromobility.com Inc.

Nasdaq notified Helbiz on Jan 4, 2023 of failure to hold annual meeting within 12 months after FY 2021; additional delisting basis.
Company will request up to 360-day exception from Nasdaq Hearings Panel; cannot assure continued listing.
CEO Salvatore Palella received 2,218,249 shares of Class A common stock in exchange for salary/bonuses from Dec 29 to Jan 6.
Share issuance exempt under Section 4(a)(2) of Securities Act; no registration.

item 3.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

micromobility.com Inc. received a nasdaq deficiency notice notice regarding other (rules 5260(a)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5260(a)

Exact text from the filing

January 4, 2023, we received written notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market, LLC (“Nasdaq”) stating that Nasdaq determined we were not in compliance with Nasdaq Listing Rule 5260(a) due to our failure to hold an annual meeting of the shareholders within the twelve months following our fiscal year ended December 31, 2021 (the “Annual Meeting”). The Notice has no immediate effect on the listing of our Class A common stock (symbol: HLBZ) or our warrants to purchase shares of Class A common stock (symbol: HLBZW) on the Nasdaq Capital Market. The

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micromobility.com Inc. filing history →

Source: SEC EDGAR

accession 0001079973-23-000035

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