other material
confidence high
sentiment negative
materiality 0.80
Micromobility issues 12.8M shares via Yorkville drawdowns; shares up 81% since June 9
micromobility.com Inc.
- Seven drawdowns from Yorkville SEPA: 12.8M Class A shares issued for gross proceeds of ~$4.37M.
- Outstanding shares increased 81.3% to 28,529,025 as of June 12, 2023.
- Company flags prior risk factors on dilution and shareholder approval challenges.
- Drawdowns occurred June 9-12, 2023; prospectus supplements to be filed shortly.