Salvatore Palella rang the bell to open negotiations in New York
Helbiz lands on Wall Street. The CEO of the micro mobility company, Salvatore Palella, rang the bell to open the negotiations in New York. The company, after the business combination with the Spac listed on the GreenVision stock exchange, lands on the Nasdaq technology list. “When I started I knew we were going to do it. I decided to base this company in the United States because the US is the land of dreams, ”said Palella. “And let me say – he continued – that I am happy to be here now, celebrating with all of you. I want to thank all the advisors who brought us here and the team that runs this company with me 24 hours a day. We did it: it’s time to celebrate “.
Helbiz, Inc. (‘Helbiz’), a global leader in micro-mobility, has announced that it has terminated its business combination with the publicly traded SPAC GreenVision Acquisition Corp. (Nasdaq: GRNV, GRNVR, GRNVU, GRNVW) (‘GreenVision’). GreenVision shareholders approved the business combination at an extraordinary meeting held on 11 August 2021. The combined company will retain the Helbiz name and the start of trading on the Nasdaq Capital Market (‘Nasdaq’) took place today 13 August, with new tickers ‘NASDAQ: HLBZ’ for Helbiz common stock and ‘NASDAQ: HLBZW’ for Helbiz warrants. It is the first sharing micro-mobility company listed on the stock exchange. Through the business combination with the Spac listed on the stock exchange GreenVision Acquisition Corp, the company landed on Wall Street, on the Nasdaq. The transaction brought in cash receipts of approximately $ 24.5 million before deductions for fees due to the placement agent and other expenses related to the offer. The listing will allow Helbiz to implement its plan to expand safe and efficient micromobility services in other cities in Italy, Europe and the United States. At the same time, it will allow the development of activities related to the other business lines of the Group: Helbiz Kitchen with its food delivery services and Helbiz Media with its live streaming services. All accessible through the mobile apps of the Helbiz group. The Helbiz app is a widespread platform that allows users to easily access the required services, safely and quickly. This will lead the group to continuous investments to increase the presence of new offers and services.
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