Ortoli Rosenstadt LLP Announces Closing A Multi-Million Debt Offering For Its Client Helbiz, Inc.

The $15 Million Debt Financing Deal Will Help Helbiz Continue Business Expansion Plans Across North America and Europe

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Mar 29, 2021, 17:00 ET

NEW YORK, March 29, 2021 /PRNewswire/ -- Ortoli Rosenstadt LLP, a New York based full-service international law firm, announces closing a $15 million debt financing deal with multiple European based hedge funds for its client Helbiz, Inc. This financing gives Helbiz the necessary funds to continue its business expansion plans while preparing to close its merger with GreenVision Acquisition Corp., a special purpose acquisition company ("Merger").

Announced by GreenVision on February 8, 2021, the Merger will make the combined business the first public micro-mobility company. Helbiz currently operates in more than 30 cities in Europe and North America.

About Ortoli Rosenstadt LLP

Founded in 2006, Ortoli Rosenstadt LLP is a New York law firm representing domestic and international clients worldwide with vision and ambition. With its attorneys' abilities to speak nine languages, the firm provides cutting-edge and solution-oriented legal advice to international clients globally. Our practice areas include corporate & securities, merger and acquisitions, real estate, immigration and employment, intellectual property and commercial litigation.

SOURCE Ortoli Rosenstadt LLP