secwatch.observer — SEC 8-K summary
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Issuer:     micromobility.com Inc. (MCOM)
CIK:        0001788841
Form:       8-K
Filed at:   2023-08-25T23:59:59+00:00
Accession:  0001079973-23-001204
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1788841/000107997323001204/0001079973-23-001204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1788841/000107997323001204/mcom_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-23-001204

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