---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-001204"
form_type: "8-K"
ticker: "MCOM"
cik: "0001788841"
company_name: "micromobility.com Inc."
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:36:40.123961+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Micromobility issues $1.2M convertible note to Yorkville at $0.25 conversion

## Summary
- Principal $1.2M with 10% OID; net proceeds $1.08M for working capital.
- Conversion price $0.25 per share; holder capped at 4.99% beneficial ownership.
- Maturity Jan 31, 2024; no interest unless default, then 15% per annum.
- Cash repayments carry a 5% redemption premium.
- Note issued in private placement under Section 4(a)(2) to YA II PN, Ltd.

## SEC filing metadata
- accession: 0001079973-23-001204
- form_type: 8-K
- ticker: MCOM
- cik: 0001788841
- company_name: micromobility.com Inc.
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788841/000107997323001204/0001079973-23-001204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788841/000107997323001204/mcom_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-001204
- JSON: https://secwatch.observer/filing/0001079973-23-001204.json
- Plain text: https://secwatch.observer/filing/0001079973-23-001204.txt

## Key facts
- Debt Financings
  micromobility.com Inc. incurred convertible notes of $1.2 million with YA II PN, Ltd. (Yorkville) at 15% per year maturing January 31, 2024.
  - Instrument: convertible notes
  - Principal: $1.2 million
  - Counterparty: YA II PN, Ltd. (Yorkville)
  - Rate: 15% per year
  - Maturity: January 31, 2024
  - Event: incurrence
  source text: On August 25, 2023, we issued and sold a convertible promissory note with an aggregate principal amount of $1.2 million (the “Promissory Note”) in a private placement to YA II PN, Ltd. (“Yorkville”) under the Standby Equity Purchase Agreement dated as of March 7, 2023 between us and Yorkville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788841/000107997323001204/0001079973-23-001204-index.htm
- Material Agreements
  micromobility.com Inc. entered into Promissory Note with YA II PN, Ltd. (Yorkville) valued at $1.2 million (effective 2023-08-25).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: YA II PN, Ltd. (Yorkville)
  - Value: $1.2 million
  - Effective: 2023-08-25
  source text: On August 25, 2023, we issued and sold a convertible promissory note with an aggregate principal amount of $1.2 million (the “Promissory Note”) in a private placement to YA II PN, Ltd. (“Yorkville”) under the Standby Equity Purchase Agreement dated as of March 7, 2023 between us and Yorkville.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1788841/000107997323001204/0001079973-23-001204-index.htm

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