Helbiz Announces Up To $30 Million Investment Supporting Dramatic Expansion In The United States

Oct 18, 2021•almost 4 years ago

Amount Raised

$30 Million

Description

Helbiz, Inc. (“Helbiz” or the “Company”) (Nasdaq: HLBZ), a leader in micro-mobility and the first in its industry to be publicly listed on The Nasdaq Stock Market, today announced that it has entered into an agreement with a qualified institutional investor for up to $30 million aggregate principal investment of 5.0% convertible notes (the “Notes”).

Company Information

Company

Helbiz

About

Helbiz is a global leader in micro-mobility services. Launched in 2015 and headquartered in New York City, the Company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform in 35 cities around the world. Helbiz utilizes a customized, proprietary fleet management technology, artificial intelligence and environmental mapping to optimize operations and business sustainability. Helbiz is expanding its urban lifestyle products and services to include live streaming services, food delivery and more, all accessible within its mobile app.

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Helbiz Announces Up To $30 Million Investment Supporting Dramatic Expansion In The United States

Description

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Company Information