micromobility.com Progresses in Potential Acquisition of VanMoof
31 Juillet 2023 - 4:17PM
Business Wire
Sees Value in Brand, Technology and Assets of
VanMoof
VanMoof Fits MCOM Strategy to Consolidate
Micro-mobility Industry
Has Submitted Non-Binding Indicative Offer
micromobility.com Inc. ("micromobility" or the "Company"), a
global pioneer in sustainable transportation and micromobility
services, is pleased to announce that it has submitted a
non-binding bid to acquire VanMoof Amsterdam, an innovative e-bike
startup known for its successful subscription business model.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230731629513/en/
Visit www.micromobility.com
Micromobility's initial non-binding bid, demonstrating the
company's strong commitment to its expansion in the micromobility
market, was positively received. The company is now preparing to
present its binding offer. micromobility's CEO, Salvatore Palella,
expressed his excitement about the potential acquisition, "This
potential acquisition is part of our long-term strategy to
consolidate our leadership in the micromobility market and
diversify our portfolio of solutions. VanMoof's strong brand
reputation, innovative e-bike technology, and its unique
subscription model perfectly align with our vision for the future
of urban transport."
Upon successful acquisition, Micromobility plans to leverage its
advanced e-bike technology and successful subscription model to
enhance the group’s product offerings. The Company intends to
continue investing in the e-bike segment, as it sees significant
potential in this market in the coming years.
"We recognize the challenges the micromobility sector currently
faces, but we are firm believers in the transformative power of
this industry. The potential acquisition of VanMoof, known for its
quality and innovation, is an exciting step towards our vision for
a more sustainable and efficient future of urban transportation,"
Palella added.
The Company will release more information about the acquisition
process as developments progress.
About micromobility.com Inc.
micromobility.com Inc., a disruptive leader in the
micro-mobility sector, founded by Salvatore Palella in 2015,
combines expertise in retail, shared services, and vehicle rentals
to revolutionize urban transportation. With operations spanning
across the US and Europe, the holding group encompasses shared
micro-mobility solutions through Helbiz Inc., vehicle rentals via
Wheels Labs Inc. and e-commerce and planned brick-and-mortar stores
via the micromobility.com brand. Committed to providing
eco-friendly, affordable solutions and enhancing global
accessibility, micromobility.com Inc. sets the standard for
professional excellence in the micro-mobility landscape. For more
information, visit www.micromobility.com.
Forward-Looking Statements:
Certain statements made in this press release are
“forward-looking statements'' within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “believe”, “expect”, “estimate”,
“plan”, “outlook”, and “project” and other similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
reflect the current analysis of existing information and are
subject to various risks and uncertainties. As a result, caution
must be exercised in relying on forward looking statements. Due to
known and unknown risks, actual results may differ materially from
the Company’s expectations or projections. The following factors,
among others, could cause actual results to differ materially from
those described in these forward-looking statements: (i) the
failure to meet projected development and production targets; (ii)
changes in applicable laws or regulations;(iii) the effect of the
COVID-19 pandemic on the Company and its current or intended
markets; and (iv) other risks and uncertainties described herein,
as well as those risks and uncertainties discussed from time to
time in other reports and other public filings with the Securities
and Exchange Commission (the “SEC”) by the Company. Additional
information concerning these and other factors that may impact the
Company’s expectations and projections can be found in its periodic
filings with the SEC, including its Annual Report on Form 10-K for
the fiscal year ended December 31, 2022. The Company’s SEC filings
are available publicly on the SEC’s website at www.sec.gov. Any
forward-looking statement made by us in this press release is based
only on information currently available to Helbiz and speaks only
as of the date on which it is made. Helbiz undertakes no obligation
to publicly update any forward-looking statement, whether written
or oral, that may be made from time to time, whether as a result of
new information, future developments or otherwise, except as
required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230731629513/en/
Media inquiries: press@micromobility.com
Investor inquiries: Gary Dvorchak, CFA The Blueshirt
Group gary@blueshirtgroup.com +1 (323) 240-5796
micromobility com (NASDAQ:MCOM)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024
micromobility com (NASDAQ:MCOM)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024