Brief: Helbiz Provides Transparency On Filed Proxy Statement

micromobility.com

27/01/2023 23:03

Jan 27 (Reuters) - Helbiz Inc  HLBZ.O :
    * HELBIZ PROVIDES TRANSPARENCY ON FILED PROXY STATEMENT
    * HELBIZ INC - ALSO SIGNED A NEW STANDBY EQUITY PURCHASE
AGREEMENT
(SEPA) WITH YORKVILLE ADVISORS GLOBAL LP
    * HELBIZ INC - REVERSE STOCK SPLIT IS BEING CONSIDERED BY
COMPANY
IF ITS STOCK PRICE DOES NOT APPRECIATE BEYOND $1.00 BY NECESSARY
TIME TO DO SO
    * HELBIZ INC -  NEW STANDBY EQUITY PURCHASE AGREEMENT WILL
ALLOW
COMPANY TO RAISE UP TO $20 MILLION THROUGH SALES OF SHARES OF
COMMON STOCK
    * HELBIZ INC - FUNDING WILL BE USED PRIMARILY TO FOLLOW
COMPANY'S
STRATEGIC GROWTH PLAN

Source text for Eikon:  ID:nBwVYLlVa 
Further company coverage:  HLBZ.O 
 ((Reuters.Briefs@thomsonreuters.com;))