Helbiz Announces Purchase of Shares by its Chief Executive Officer

NEW YORK–(BUSINESS WIRE)—- $HLBZ–Helbiz, Inc. (Nasdaq: HLBZ), a leader in micro-mobility and the first in its industry to be publicly listed on the Nasdaq, announced that today Salvatore Palella, Founder and Chief Executive Officer of Helbiz, purchased 2,044,676 shares of Class A Common Stock (the “Class A Common Stock”) from a seller for an aggregate price of $2,019,935 which represents about 6% of the common stock. “I continue to be excited and hopeful for the future of Helbiz and the impact that w

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