Micromobility.Com Inc. Secures $2.5 Million Financing from Yorkville Under New Equity Agreement

Reuters10-25

Micromobility.Com Inc. Secures $2.5 Million Financing from Yorkville Under New Equity Agreement

Micromobility.Com Inc. has entered into a new financing arrangement with Yorkville through an agreement known as the October SEPA. Under this agreement, Yorkville advanced a total of $2,500,000 to the company in exchange for a promissory note of the same amount. Of the funds, $1,300,000 was initially advanced and placed in escrow to settle a judgment with Bernheim Investment Fund SICAV, while the remaining $1,200,000 was advanced following the settlement's conclusion. Portions of these funds were allocated to repay a previous promissory note issued to Yorkville, cover an implementation fee, and provide working capital for the company. This new agreement follows the mutual termination of a prior equity purchase agreement between the two parties, with Yorkville waiving associated fees.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Micromobility.Com Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001079973-25-001639), on October 24, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Secures $2.5 Million Financing from Yorkville Under New Equity Agreement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-10-25 05:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Micromobility.Com Inc. Secures $2.5 Million Financing from Yorkville Under New Equity Agreement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Micromobility.Com Inc. has entered into a new financing arrangement with Yorkville through an agreement known as the October SEPA. Under this agreement, Yorkville advanced a total of $2,500,000 to the company in exchange for a promissory note of the same amount. Of the funds, $1,300,000 was initially advanced and placed in escrow to settle a judgment with Bernheim Investment Fund SICAV, while the remaining $1,200,000 was advanced following the settlement's conclusion. Portions of these funds were allocated to repay a previous promissory note issued to Yorkville, cover an implementation fee, and provide working capital for the company. 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