Helbiz Announces Purchase of PIPE Units By Its Chief Executive Officer

NEW YORK–(BUSINESS WIRE)– #Helbiz–Helbiz, Inc. (“Helbiz” or the “Company”) (Nasdaq: HLBZ), a leader in micro-mobility and the first in its industry to be publicly listed on The Nasdaq Stock Market, today announced that on August 9, 2021, Salvatore Palella, Founder and Chief Executive Officer of Helbiz, purchased 200,000 units of the PIPE offering which consisted of 200,000 shares of Class A Common Stock (the “Class A Common Stock”) and warrants to purchase an additional 200,000 shares of Class A Commo

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