{"schema_version":"secwatch.filing_event.v1","accession":"0001553350-23-000075","form_type":"8-K/A","ticker":"MCOM","cik":"0001788841","company_name":"micromobility.com Inc.","filed_at":"2023-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.552168+00:00","generated_at":"2026-06-20T01:13:51.709117+00:00","sec_items":["1.01","2.01","3.02","2.02","9.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Helbiz provides Wheels Labs audited financials showing $32.4M net loss and going concern","bullets":["Acquisition consideration: ~6.75M Series A convertible preferred shares (6.99% of HLBZ common stock pre-close), convertible 1:1 on stockholder approval; 7.5% annual dividend.","Wheels 2021 net loss $32.4M, accumulated deficit $121.1M as of Dec 31, 2021.","Wheels 2021 revenue $9.8M, cost of revenue $13.5M, vehicle depreciation $9.9M, negative gross margin.","Auditor going-concern emphasis: Wheels has recurring losses, negative operating cash flows ($18.5M in 2021), working capital deficit $2.2M.","Helbiz also issued 20M shares upon conversion of ~$3.4M in debentures; insider debt conversions and shares for services."],"urls":{"canonical":"https://secwatch.observer/filing/0001553350-23-000075","json":"https://secwatch.observer/filing/0001553350-23-000075.json","markdown":"https://secwatch.observer/filing/0001553350-23-000075.md","text":"https://secwatch.observer/filing/0001553350-23-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1788841/000155335023000075/0001553350-23-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1788841/000155335023000075/helbiz_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T01:13:51.709117+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"719799d75611c134ac99ce252fb6777b83486f11","claim":"micromobility.com Inc. completed an acquisition involving Wheels Labs, Inc. (closed 2022-11-18).","evidence_excerpt":"On November 18, 2022, we acquired all of the issued and outstanding shares of capital stock of Wheels Labs, Inc. (“Wheels”), and Wheels became our wholly-owned subsidiary when another wholly-owned subsidiary (“Merger Sub”) merged with and into Wheels (the “Merger”).","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1788841/000155335023000075/0001553350-23-000075-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Wheels Labs, Inc."},{"label":"Closing","value":"2022-11-18"}],"fact_type":"ma_transaction"},{"claim_id":"7b50f771379a0ffb0a6476c9d7f700973afd71ee","claim":"micromobility.com Inc. entered into Escrow Agreement with Wheels Labs, Inc., Merger Sub, an escrow agent and an authorized representative of certain security holders of Wheels valued at All or a portion of the shares of Series A Convertible Preferred Stock issued pursuant to the Amende (effective 2022-11-18).","evidence_excerpt":"The shares of Series A Convertible Preferred Stock issued pursuant to the Amended Merger Agreement were issued into escrow pursuant to the Escrow Agreement.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1788841/000155335023000075/0001553350-23-000075-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Wheels Labs, Inc., Merger Sub, an escrow agent and an authorized representative of certain security holders of Wheels"},{"label":"Value","value":"All or a portion of the shares of Series A Convertible Preferred Stock issued pursuant to the Amende"},{"label":"Effective","value":"2022-11-18"}],"fact_type":"material_agreement"},{"claim_id":"cb8b5569cd0a13125cdac61ffe98fee0c8576ac6","claim":"micromobility.com Inc. entered into Amended and Restated Agreement and Plan of Merger with Wheels Labs, Inc. valued at Issued approximately 6,751,811 shares of Series A convertible preferred stock equal to 6.99% of the (effective 2022-11-18).","evidence_excerpt":"nd outstanding shares of capital stock of Wheels Labs, Inc. (“Wheels”), and Wheels became our wholly-owned subsidiary when","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1788841/000155335023000075/0001553350-23-000075-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Wheels Labs, Inc."},{"label":"Value","value":"Issued approximately 6,751,811 shares of Series A convertible preferred stock equal to 6.99% of the"},{"label":"Effective","value":"2022-11-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}