Helbiz: scooters on the stock exchange, today debuts on Wall Street

ROME, AUGUST 13 – Helbiz, a micro-sharing company of scooters, mopeds and electric bikes, debuts on the stock exchange: today the start of negotiations on the Nasdaq, on Wall Street. The listing, explains a note from the company, takes place at the end of the business combination process with Greenvision approved by the extraordinary shareholders’ meeting on 11 August 2021. Helbiz, born in New York and active since 2016, is the first company in the sector to be listed and the total value of the resources raised with the operation “is 29.5 million dollars”. Of these, 21.5 million was raised as part of a reserved placement (Pipe) of 2,650,000 newly issued ordinary shares; to the Pipe are to be added the assets held in the GreenVision trust, for a total of 2,308,551 shares exchanged by the shareholders of the SPAC. At the time of the merger, Helbiz will have 29,454,428 outstanding shares (HLBZ) and 10,787,500 outstanding warrants (HLBZW). For Helbiz CEO Salvatore Palella, “the debut at Nasdaq represents an important milestone, not only for our company, but for the entire micro-mobility sector, which is currently growing rapidly. An innovation of mobility, in the name of safety, in support of both public and private services. This allows us to continue to meet the mobility needs of the first and last mile. An innovation that affects all cities in the world and which, above all, has zero impact on the environment ”, he underlined. (HANDLE).

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