Share Intel Confirms Sustained Imbalances That Do Not Correspond To Daily Trading Activities
micromobility.com Inc.’s CEO and CFO Propose Board to Proceed to Phase 2, strengthening efforts to contact brokers, Broadridge and/or the
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230405005532/en/
Visit www.micromobility.com (Graphic: Business Wire)
The sustained imbalances reveal a long-term trend among firms maintaining these positions, implying that they do not correspond to standard day-to-day trading activities. A comprehensive examination is imperative to determine the root causes of these irregularities. Given that the imbalances do not seem to stem from regulated trading activity, it is crucial to investigate alternative explanations beyond the existing regulatory framework.
The analysis discovered that both the imbalance and market data values have remained stable, without any substantial fluctuations, even after being assessed in conjunction with three prior Share Intel reports. This observation substantiates the idea that these positions result from accounting activities at the firm level rather than market activity.
In light of the persistent nature of these imbalances and their potential ramifications, it is essential to carry out further investigations to guarantee market integrity and adherence to regulatory standards. Consequently, micromobility.com Inc.'s CEO and CFO have proposed the board to proceed to Phase 2, which would focus on addressing these issues and ensuring transparency and fairness within the financial markets while strengthening efforts to contact brokers, Broadridge, and the
About micromobility.com Inc.
micromobility.com Inc., a disruptive leader in the micromobility sector, founded by
View source version on businesswire.com: https://www.businesswire.com/news/home/20230405005532/en/
For media inquiries: email@example.com
Source: micromobillity.com Inc.