EVmo, Inc. (YAYO)

EVmo Enters Into Letter of Intent to Merge with micromobility.com Inc.

LOS ANGELES, June 07, 2023 (GLOBE NEWSWIRE) -- EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced it has signed a Letter of Intent (LOI) regarding a merger with micromobility.com Inc. (NASDAQ: MCOM), a pioneering global micromobility ecosystem. The merger is intended to strengthen each company’s market position and accelerate growth. Stephen Sanchez, CEO of EVmo, commented, “The combined company will be in a strong position