---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-24-000854"
form_type: "8-K"
ticker: "MCOM"
cik: "0001788841"
company_name: "micromobility.com Inc."
filed_at: "2024-06-11T23:59:59+00:00"
generated_at: "2026-06-01T05:06:20.075190+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEO-controlled entity acquires 51% of micromobility.com via debt-to-equity conversion

## Summary
- Palella Holdings LLC converted $705,441.98 of convertible note principal into 47,029,465 MCOM shares at $0.015/share.
- Conversion gave Palella Holdings 51% of outstanding shares, resulting in change of control on June 10, 2024.
- Note originally issued January 31, 2024; conversion price $0.015 (one-tenth cent above June 10 closing price).
- Palella Holdings is controlled by CEO Salvatore Palella; funds were personal, not borrowed.

## SEC filing metadata
- accession: 0001079973-24-000854
- form_type: 8-K
- ticker: MCOM
- cik: 0001788841
- company_name: micromobility.com Inc.
- filed_at: 2024-06-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 5.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1788841/000107997324000854/0001079973-24-000854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1788841/000107997324000854/mcom_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-24-000854
- JSON: https://secwatch.observer/filing/0001079973-24-000854.json
- Plain text: https://secwatch.observer/filing/0001079973-24-000854.txt

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