BRIEF-Greenvision Acquisition Corp. Announces Merger Agreement With Helbiz, Inc. To Become The First Micro-Mobility Company Listed On Nasdaq

Reuters
09 Feb 2021

Feb 8 (Reuters) - Greenvision Acquisition Corp :

* GREENVISION ACQUISITION CORP. ANNOUNCES MERGER AGREEMENT WITH HELBIZ, INC. TO BECOME THE FIRST MICRO-MOBILITY COMPANY LISTED ON NASDAQ

* GREENVISION ACQUISITION CORP. ANNOUNCES MERGER AGREEMENT WITH HELBIZ, INC. TO BECOME THE FIRST MICRO-MOBILITY COMPANY LISTED ON NASDAQ

* GREENVISION ACQUISITION CORP - TRANSACTION VALUED COMBINED COMPANY AT AN ESTIMATED EQUITY VALUE OF APPROXIMATELY $408 MILLION

* GREENVISION ACQUISITION CORP - TRANSACTION INCLUDES PROPOSED $30 MILLION PIPE ANCHORED BY INSTITUTIONAL INVESTORS

* GREENVISION ACQUISITION CORP - SURVIVING COMPANY WILL BE HELBIZ, INC. AND WILL BE LISTED ON NASDAQ UNDER PROPOSED NEW TICKER SYMBOL HLBZ

* GREENVISION ACQUISITION CORP - HELBIZ FOUNDER AND CEO, SALVATORE PALELLA, AND EXISTING HELBIZ LEADERSHIP TEAM TO LEAD COMBINED COMPANY

* GREENVISION ACQUISITION CORP - EXISTING HELBIZ SHAREHOLDERS WILL BE ROLLING 100% OF THEIR EQUITY INTO COMBINED CO

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