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8-K

micromobility.com Inc. (MCOM)

8-K 2023-06-16 For: 2023-06-15
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  June 15,2023


micromobility.com Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware 001-39136 84-3015108
(State or Other Jurisdictionof Incorporation) (Commission File Number) (I.R.S. EmployerIdentification No.)
32 Old Slip, New York, NY 10005
---
(Address of Principal Executive Offices, and Zip Code)<br><br> <br>****
(917) 675-7157
Registrant’s Telephone Number, Including Area Code<br><br> <br><br><br> <br>
(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Class A Common Stock, $0.00001 par value MCOM The Nasdaq Stock Market LLC
Redeemable warrants, each warrant exercisable for one share of Class A Common Stock MCOMW The Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued ListingRule or Standard; Transfer of Listing.

On June 15, 2023, we received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating we were not in compliance with the continued listing requirement that we maintain a minimum bid price of $1.00 per share. We have 180 days from receipt of such notice (until December 12, 2023) to remedy such non-compliance. To regain compliance, the Company must maintain a closing bid price of $1.00 or more for ten consecutive business days. In the event we do not regain compliance within the 180-day period, our Class A Common Stock and publicly traded warrants may be subject to delisting.

The notification from Nasdaq has no effect at this time on the listing of our Class A Common Stock or publicly traded warrants, and our Class A Common Stock and publicly traded warrants will continue to trade uninterrupted under the respective symbols “MCOM” and “MCOMW”. We are considering options to regain compliance with the Nasdaq listing standards and are confident that this will be resolved within the required timeframe.

Item 9.01  FinancialStatements and Exhibits


(d) Exhibits

Exhibit Number Description
104 Cover page Interactive Data File (embedded within the Inline XBRL<br>document).


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 16, 2023

micromobility.com Inc.
By: /s/ Salvatore Palella
Name:<br><br> <br>Title: Salvatore Palella<br><br>Chief Executive Officer