HyreCar Cancels Special Meeting of Stockholders

Rhea-AI Summary

HyreCar Inc. (OTC: HYRE) has announced the cancellation of its virtual special meeting set for March 21, 2023. This decision comes as the company will not present the proposals outlined in its Preliminary Proxy Statement filed on February 1, 2023, to its stockholders. HyreCar operates a national carsharing marketplace that caters to ridesharing, food delivery, and package delivery using its proprietary technology platform. The company focuses on Mobility as a Service (MaaS) and collaborates with individual vehicle owners, dealers, and rental agencies.

Positive

• HyreCar has a strong presence in the growing Mobility as a Service (MaaS) sector.

Negative

• Cancellation of stockholder meeting may signal potential governance issues or lack of action on proposals.

LOS ANGELES, Feb. 28, 2023 (GLOBE NEWSWIRE) -- HyreCar Inc. (OTC: HYRE) (“HyreCar” or the “Company”) today announced cancellation of its virtual special meeting of stockholders that was scheduled for March 21, 2023. The proposals set forth in the Company’s Preliminary Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on February 1, 2023 will not be submitted for the consideration of stockholders.

About HyreCar
HyreCar Inc. (OTC: HYRE) is a national carsharing marketplace for ridesharing, food, and package delivery via its proprietary technology platform. The company has established a leading presence in Mobility as a Service (MaaS) through individual vehicle owners, dealers, rental agencies, and OEMs that wish to participate in new mobility trends. By providing a unique opportunity through a safe, secure, and reliable marketplace, HyreCar is transforming the industry by empowering all to profit from Mobility as a Service. For more information, please visit hyrecar.com.

Investor and Media Inquiries:
HyreCar Investor Relations
investors@hyrecar.com

FAQ

Why was the HyreCar stockholder meeting cancelled?

The HyreCar stockholder meeting was cancelled as the company will not submit the proposals outlined in its Preliminary Proxy Statement for consideration.

What is HyreCar's stock symbol?

HyreCar's stock symbol is HYRE.

When was the HyreCar stockholder meeting originally scheduled?

The HyreCar stockholder meeting was originally scheduled for March 21, 2023.

What does HyreCar do?

HyreCar operates a carsharing marketplace for ridesharing, food, and package delivery through its technology platform.

What is Mobility as a Service (MaaS) in relation to HyreCar?

Mobility as a Service (MaaS) refers to the service HyreCar provides by connecting vehicle owners and users through its platform.