YayYo, Inc. Common Stock to be Quoted on the OTC Pink Market Beginning February 20, 2020
February 19 2020 - 8:50PM
YayYo, Inc. (NASDAQ: YAYO) (“YayYo” or the “Company”), a leading
vehicle provider to gig economy rideshare and delivery drivers
through its wholly-owned subsidiary, Rideshare Rentals, has been
notified that its common stock will be quoted on the OTC Pink
Market beginning February 20, 2020, following the voluntary
delisting of its common stock from the NASDAQ Capital Market. The
Company will continue trading under the ticker symbol “YAYO.”
About YayYo, Inc.YayYo, Inc. is a
holding company with a mission to bridge the gap between gig
economy drivers who need vehicles and transportation network and
delivery companies that depend on attracting and keeping drivers.
One of the company’s wholly-owned subsidiaries, RideShare Rental,
is a proprietary platform that rents vehicles with approved gig
economy insurance to rideshare drivers and provides fleet operators
with a platform to manage their vehicle rental fleets. Distinct
Cars, another wholly-owned subsidiary, maintains a growing fleet of
new standard passenger vehicles and rents these vehicles directly
to rideshare drivers. Through RideShare Rental and Distinct Cars,
YayYo seeks to become the preeminent provider of rental vehicles to
drivers in the gig economy.
Caution Regarding Forward-Looking
StatementsThis press release contains forward-looking
statements. Words such as “anticipates,” “believes,” “estimates,”
“expects,” “forecasts,” “intends,” “is likely,” “plans,”
“predicts,” “projects,” “may,” “could,” “look forward,” “continue”,
“future” and variations of such words and similar expressions are
intended to identify such forward-looking statements. The Company’s
forward-looking statements include, without limitation, the
Company’s expectations that its shares are expected to commence or
continue to trade on the OTC Pink Market and that quotes for the
Company’s Common Stock will continue on the OTC
Pink Market in the future. These statements reflect current
beliefs as to the expected outcomes of future events and are not
guarantees of future performance. These statements involve certain
risks, uncertainties and assumptions that are difficult to predict
with regard to timing, extent, likelihood and degree of occurrence.
Therefore, actual results and outcomes may materially differ from
what may be expressed, implied or forecasted in such
forward-looking statements. These risks and uncertainties are
further defined in filings and reports by the Company with the U.S.
Securities and Exchange Commission (SEC).
Company Contact:Boyd
BishopPresidentinvestors@yayyo.com
Investor Relations Contact:Sean Mansouri, CFA
or Cody CreeGateway Investor
Relations949-574-3860YAYO@gatewayir.com
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