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Micromobility.com Inc. Enters New Equity Purchase Agreement and Issues Convertible Note
MCOM
Debt Issuance
- Micromobility.com Inc. entered into a new Standby Equity Purchase Agreement (SEPA) with YA II PN, LTD. on October 20, 2025, enabling it to sell up to $25 million in newly issued Common Shares to the investor.
- Concurrently, the company issued a Convertible Promissory Note to YA II PN, LTD. with an original principal amount of $2,500,000 on October 20, 2025, which matures on October 20, 2026.
- This new SEPA replaces a previous agreement between the parties that was terminated on August 25, 2025.
- The company's Common Shares are listed for trading on the OTC QB under the symbol "MCOM".
Oct 24, 2025, 9:24 PM
Quarterly earnings call transcripts for micromobility.com.
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