Summary by Moomoo AI
Micromobility.com Inc. has filed a Form 8-K with the United States Securities and Exchange Commission on March 29, 2024. The filing indicates that the company's Compensation Committee, with the approval of the board of directors, has revised the employment agreements for Salvatore Palella, the Chief Executive Officer, and Gian Luca Spriano, the Chief Financial Officer. The amendments to the agreements set the annual salary for both executives at $1.00 per annum, effective from April 1, 2024. All other terms of the Amended Agreements remain unchanged. The company, which is classified as an emerging growth company, has not registered any securities under Section 12(b) of the Act and has not indicated the use of the extended transition period for complying with new or revised financial accounting standards. The report was officially dated April 1, 2024.