other material
confidence high
sentiment neutral
materiality 0.80
micromobility.com Inc. (MCOM): debt financing — Micromobility settles $2.49M judgment, enters $25M equity purchase agreement with Yorkville
micromobility.com Inc.
- Settled Bernheim judgment of $2.49M for €1.07M payment; satisfaction filed Oct 24, 2025.
- Entered $25M Standby Equity Purchase Agreement (Oct SEPA) with Yorkville; $2.5M pre-paid advance issued as convertible promissory note.
- Pre-paid advance convertible at $0.006/share or 95% of 10-day VWAP (floor after uplisting); $1.3M for settlement, $1.2M for note repay and working capital.
- April 2025 SEPA terminated effective Aug 25, 2025; Yorkville waived commitment and implementation fees.
- No outstanding judgments remain after Bernheim settlement.