Welcome to our dedicated page for Micromobility.com news (Ticker: MCOM), a resource for investors and traders seeking the latest updates and insights on Micromobility.com stock.
Micromobility.com Inc. (MCOM) provides innovative transportation solutions through its blockchain-integrated mobility platform. This news hub offers investors and industry observers centralized access to official announcements and market developments.
Track strategic updates including technology partnerships, service expansions, and financial disclosures. Our curated collection features press releases on vehicle sharing innovations, cryptocurrency payment integrations, and regulatory compliance milestones.
Key content categories include quarterly financial results, platform feature launches, strategic alliances in urban transportation, and blockchain technology implementations. Users benefit from timestamped updates that maintain context for evolving market strategies.
Bookmark this page for streamlined monitoring of MCOM's progress in transforming urban transportation through decentralized technology solutions. Verify publication dates and consult multiple sources when making financial decisions.
micromobility.com has announced a significant leadership transition with the appointment of Gian Luca Spriano as CEO and board member, effective December 9, 2024. Mr. Spriano succeeds Salvatore Palella, the controlling shareholder, who has stepped down from his executive and board roles.
Mr. Spriano has been with the company since July 2018, serving in key roles such as Head of Business Development and most recently as CFO since December 2023. His leadership has been pivotal in expanding the company’s brand presence across Europe, the U.S., and Canada, and in fostering relationships with government entities.
Mr. Spriano also holds significant leadership positions in organizations where Mr. Palella has majority equity interest, including CFO of Palella Holdings and Chairman of Everli S.p.A. His extensive background includes working with the United Nations on climate action and sustainable development. He holds a J.D. in International European Law and a Master in International Financial Law.
Mr. Spriano is committed to repositioning the company in 2025 and creating shareholder value. The company thanks Mr. Palella for his dedicated service and accomplishments in the micromobility sector.
micromobility.com Inc. (MCOM) has announced the sale of its subsidiary, Wheels Labs, Inc., to Overseas Moped Investment and Holding Pte , a Singapore-based The transaction, completed on August 19, 2024, involves the sale of all Wheels' capital stock for a nominal price of $1.00. The purchaser will assume all of Wheels' assets, liabilities, and future contingencies.
This strategic move allows MCOM to streamline operations and focus on core business areas. The deal includes standard representations, warranties, and termination provisions. MCOM's CEO, Salvatore Palella, views this as a significant step towards refocusing on high-potential growth areas.
Micromobility.com (OTCQB: MCOM) has upgraded from the OTC Pink Market to the OTCQB® Venture Market, effective immediately. This move reflects the company's commitment to transparency, improved financial standards, and enhanced shareholder value. The OTCQB Venture Market is recognized as the premier marketplace for early-stage and developing U.S. and international companies.
CEO Salvatore Palella expressed enthusiasm about meeting the OTCQB requirements, highlighting the potential for greater liquidity and broader access to capital. CFO Gian Luca Spriano emphasized the implementation of rigorous financial controls and enhanced reporting processes, noting that these efforts are already yielding positive results in the company's financial performance.
micromobility.com, a leader in urban mobility solutions, announced a significant change in control. On June 10, 2024, Palella Holdings acquired 51% of micromobility.com’s (MCOM) common stock. The acquisition involved converting $705,441.98 of a convertible note into 47,029,465 shares at $0.015 per share, slightly above the closing price on June 10, 2024. This strategic move aims to foster growth, improve efficiencies, and drive long-term value. Palella Holdings is controlled by micromobility.com's CEO, indicating a related-party transaction.
