RideShare Rental, Inc, formerly YayYo, Inc, announces that its CEO has increased his common stock position in YAYO by 5,000,000 shares
BEVERLY HILLS, Calif., Jan. 13, 2021 (GLOBE NEWSWIRE) -- RideShare Rental, Inc., formerly YayYo, Inc (“RSR” or the “Company”) (Other OTC:YAYO), which, acting through its wholly-owned subsidiary, Rideshare Car Rentals, LLC, is a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced that its Chief Executive Officer, Ramy El-Batrawi, has increased his ownership position in YAYO common stock by five million (5,000,000) shares. Mr. El-Batrawi received these shares through an exchange transaction (valued at $3 a share for a total of $15,000,000) with RSR’s largest stockholder, the Gray Mars Venus Trust, Arizona 2015 (the “Trust”). The shares will be held as an asset of X, LLC, a Delaware limited liability company, of which Mr. El-Batrawi is managing member and Mr. El-Batrawi will have sole voting and dispositive power over the shares received from the Trust. Mr. El-Batrawi commented, “I feel our stock is undervalued at present. Given the Company
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YAYO
News
- John Gray, principal of one of the largest shareholders of Rideshare Rental, Inc. (formerly YayYo, Inc.) (ticker symbol: YAYO) has loaned the Company $500,000 in return for a convertible noteGlobeNewswire
- RideShare Rental, Inc, formerly YayYo, Inc, announces its entrance into the last mile logistics space through the rentals of transit high roof top cargo vansGlobeNewswire
- RideShare Rental, Inc., formerly YayYo, Inc Announces the launch of its Electric Vehicle strategyGlobeNewswire
- Rideshare Rental, Inc., Formerly YayYo, Inc., Announces Results for Q3 2020GlobeNewswire
- Rideshare Rental, Inc. Announces Results for Q3 2020GlobeNewswire
- More
YAYO
SEC Filings
- 1/14/21 - Form 8-K
- 1/12/21 - Form 4
- 1/12/21 - Form 4
- YAYO's page on the SEC website
- More