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Helbiz, Inc. (NASDAQ: HLBZ) has secured an agreement for up to $30 million in investments through 5.0% convertible notes. The funding aims to purchase approximately 25,000 new vehicles, including e-scooters, e-bikes, and e-mopeds, to expand Helbiz's presence in the U.S. market. This capital raise is considered an important milestone for the company and will aid in its dramatic growth plans. The offering involves a $15 million note issued on October 12, 2021, with additional funds contingent upon filing a registration statement.
Helbiz (NASDAQ: HLBZ), a leader in micro-mobility, has announced the integration of Google Workspace to enhance user data security and improve operational efficiency. Key features include multi-layered security options, data loss prevention, advanced anti-phishing, and two-step verification. This initiative supports Helbiz's commitment to technological innovation and aims to create a transparent work environment, ultimately benefiting both employees and users. This move reflects Helbiz's ambition to effectively manage its diverse fleet of mobility vehicles.
Helbiz Inc. (NASDAQ: HLBZ) has entered an agreement with the NFL to broadcast NFL content on its Helbiz Live platform in Italy. This initiative will enhance Helbiz Live's offerings, providing subscribers access to NFL GameDay highlights, the documentary series 'Undiscovered', and more, all included in the current subscription at no additional cost. The deal aims to increase visibility for the NFL in Italy and spans the current season.
Helbiz Media has secured exclusive rights to stream the German Cup in
Helbiz Inc. (NASDAQ: HLBZ) expands its partnership with Moovit, an Intel company (NASDAQ: INTC), to integrate its electric vehicles into the Moovit app. This collaboration will provide users access to Helbiz's micro-mobility vehicles in over 35 cities across the United States and Europe, including upcoming expansions to Spain, France, and Serbia. The integration aims to promote sustainable travel options and gather mobility data to alleviate urban congestion. Helbiz continues to enhance its services, contributing to smart city initiatives and the growth of green transportation.
Helbiz Inc. (NASDAQ: HLBZ) is retrofitting its fleet of e-scooters with lock-to technology in response to new regulations in Washington D.C., effective October 1st. This initiative aims to minimize e-scooter clutter on public sidewalks and streets. The lock-to mechanism will secure parked scooters to bicycle racks and other infrastructure, enhancing compliance with pedestrian walkway standards. The company is further educating users through email notifications and campaigns across D.C. to ensure a smooth transition to these new regulations.
Helbiz, Inc. (NASDAQ: HLBZ) announced that CEO Salvatore Palella purchased 200,000 units in a PIPE offering, comprising 200,000 shares of Class A Common Stock and warrants for an additional 200,000 shares at $11.50 each. This $2 million investment signifies his commitment to the company's growth. Helbiz is a leader in micro-mobility and operates in 35 cities, offering e-scooters, e-bicycles, and e-mopeds. The company also plans to expand into food delivery and live streaming services, enhancing urban lifestyle convenience.
Helbiz Inc. (NASDAQ: HLBZ) has announced the availability of its first electric scooter, Helbiz One, for consumer pre-order. Designed by Pininfarina, the scooter represents a blend of sustainability, efficiency, and safety, featuring multiple driving modes and a smartphone app. Retailing at $1,299 with a $15 deposit, it is expected to launch in the U.S. market by early 2022. This launch aims to capitalize on the rapidly growing micro-mobility market, enhancing Helbiz's offerings that include e-scooters, e-bicycles, and more.
Helbiz, a leader in micro-mobility, announced it is compliant with Nasdaq Listing Rule IM-5101-2 as of September 29, 2021. This compliance allows its common stock to remain listed on The Nasdaq Stock Market. The company also reminds warrant holders that they can exercise their warrants following the effectiveness of its Form S-1 filing. Helbiz, headquartered in New York City, operates in 35 global cities, offering e-scooters, e-bicycles, and e-mopeds, utilizing proprietary technology to enhance its services.
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