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Helbiz announces plan to issue digital dividend coupons to ‘reward investors’
The Fly

Helbiz announces plan to issue digital dividend coupons to ‘reward investors’

Helbiz announced its plans to issue digital dividend coupons to its shareholders. The idea to issue a special type of dividend-in-property was proposed by the company’s founder and CEO, Salvatore Palella, as an innovative way to reward its genuine investors for their continued support."Our commitment to driving innovation and shaping the future is on full display with this historic move, and we look forward to working closely with regulators in our efforts to innovate in the capital markets."…Helbiz is collaborating with a specialized advisory firm to establish the correct digital dividend coupon structure and guarantee a secure, transparent, and robust implementation through a selection of channels amongst which Blockchain Technology… Helbiz intends to distribute a fixed dollar amount per share dividend in-property, in the form of digital discount coupons, the details of which will be disclosed at a later date. These coupons will provide shareholders with exclusive discounts and benefits on a range of services, including micro mobility, ride-sharing, car rentals, food delivery, and early access and purchasing of retail vehicles like the Wheels One.The distribution of the digital dividend coupon will provide the company with a way to track the number of shares, allowing for a better understanding of the company’s shareholder base.

Published first on TheFly

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