---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-000324"
form_type: "8-K"
ticker: "MCOM"
cik: "0001788841"
company_name: "micromobility.com Inc."
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:41:16.359874+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Helbiz raises $4.5M convertible note, enters $50M equity line, issues Series B preferred to CEO

## Summary
- Issued $4.5M convertible note to Yorkville with 10% OID ($4.05M net), conversion at $0.50, repayment in installments from May-Sept 2023.
- Entered Standby Equity Purchase Agreement for up to $50M; shares sold at 92-95% of VWAP; $750k commitment fee.
- Created Series B Preferred Stock (3,000 shares) with 80,000 votes each on reverse stock split proposals; sold to CEO for $500.
- Proceeds to be used for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001079973-23-000324
- form_type: 8-K
- ticker: MCOM
- cik: 0001788841
- company_name: micromobility.com Inc.
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788841/000107997323000324/0001079973-23-000324-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788841/000107997323000324/helbiz_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-000324
- JSON: https://secwatch.observer/filing/0001079973-23-000324.json
- Plain text: https://secwatch.observer/filing/0001079973-23-000324.txt

## Key facts
- Debt Financings
  micromobility.com Inc. incurred convertible notes of $4.5 million with Yorkville at Interest shall not accrue on the outstanding principal balance of the Promissory maturing September 15, 2023.
  - Instrument: convertible notes
  - Principal: $4.5 million
  - Counterparty: Yorkville
  - Rate: Interest shall not accrue on the outstanding principal balance of the Promissory
  - Maturity: September 15, 2023
  - Event: incurrence
  source text: On March 8, 2023, we issued and sold a convertible promissory note with an aggregate principal amount of $4.5 million (the “Promissory Note”) in a private placement to Yorkville under the Standby Equity Purchase Agreement dated as of January 24, 2023 between us and Yorkville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788841/000107997323000324/0001079973-23-000324-index.htm
- Material Agreements
  micromobility.com Inc. entered into SEPA with YA II PN, Ltd. (Yorkville) valued at up to $50,000,000 (effective 2023-03-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd. (Yorkville)
  - Value: up to $50,000,000
  - Effective: 2023-03-08
  source text: n a manner consistent with the application thereof described in our prospectus relating to the SEPA filed with the Securities and Exchange Commission on January 24, 2023, and included as a part of our Registration Statement on Form S-3.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788841/000107997323000324/0001079973-23-000324-index.htm
- Material Agreements
  micromobility.com Inc. entered into Subscription Agreement with Salvatore Palella valued at aggregate purchase price of $500 (effective 2023-03-13).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Salvatore Palella
  - Value: aggregate purchase price of $500
  - Effective: 2023-03-13
  source text: On March 13, 2023, we entered into a subscription agreement with Salvatore Palella (the "Buyer"), pursuant to which the Buyer agreed to purchase 3,000 shares of our Series B Preferred Stock for an aggregate purchase price of $500.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788841/000107997323000324/0001079973-23-000324-index.htm
- Material Agreements
  micromobility.com Inc. entered into Promissory Note with Yorkville (YA II PN, Ltd.) valued at $4.5 million (effective 2023-03-08).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Yorkville (YA II PN, Ltd.)
  - Value: $4.5 million
  - Effective: 2023-03-08
  source text: On March 8, 2023, we issued and sold a convertible promissory note with an aggregate principal amount of $4.5 million (the "Promissory Note") in a private placement to Yorkville under the Standby Equity Purchase Agreement dated as of January 24, 2023 between us and Yorkville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788841/000107997323000324/0001079973-23-000324-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.