4Mobility to debut on NewConnect on May 7

The Warsaw Stock Exchange has set the first trading day for 4Mobility on the NewConnect market for May 7, the stock exchange reported. The issue price of equity shares of 4Mobility has been set at PLN 25, and the final number of shares offered is 44.166 units. The company said that the funds will be spent on extending the scope of car sharing services. 4Mobility is a network of self-service car rental companies.  The company makes car fleet available to private users and companies, in exchange for fees paid based on the time of using the vehicle and the distance travelled. The 4Mobility business model is based on the use of a mobile application, thanks to which customers can securely reservation a car.