Helbiz Receives $7.2 Million From the Exercise of Warrants – Purchases 2,500 E-mopeds With the Proceeds
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Helbiz Receives
The Company has used the proceeds from the exercise of the Warrants to purchase 2,500 e-mopeds: 2,000 of which will be used to support our current Italian cities and expand our European presence into other countries. The remaining 500 e-mopeds will be used for new markets in the
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
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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
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Helbiz Contacts
For media inquiries, contact: https://www.helbiz.com/pressroom
Global Head of Communications: +1 (917) 675-7157
Davide D’Amico - email: davide.damico@helbiz.com
PR and Communication Manager:
Chiara Garbuglia - email: chiara.garbuglia@helbiz.com
Agent of Change
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