EVmo, Inc.: management transactions · United States · SEC (Form 4)

About EVmo, Inc.

EVmo, Inc. is a US micro-cap listed on the NASDAQ in the United States under the ticker YAYO. The company traces its roots back to YayYo, LLC, which was formed on June 21, 2016 and later converted into a Delaware corporation before completing an IPO on the Nasdaq Capital Market in November 2019. Since then, the business has undergone several brand changes — from YayYo, Inc. to Rideshare Rental, Inc., and then to EVmo, Inc. in early 2021 — to better reflect a strategy focused on electric mobility and fleet-based transportation use cases. SEC filings have shown a California-based headquarters, with references to Manhattan Beach and later Los Angeles, indicating a firmly US-centered operating footprint. Operationally, EVmo sits at the intersection of vehicle rental, urban mobility, and last-mile transportation support. The company has described itself as operating primarily through two wholly owned subsidiaries: Rideshare Car Rentals LLC and Distinct Cars, LLC. Its business model combines an online booking platform, a fleet of passenger vehicles and transit vans, and ancillary services such as insurance coverage and insurance cards issued in the users’ names. This setup is designed to serve drivers in the ridesharing and delivery economy, where access to a vehicle can be a critical bottleneck for working capital and daily operations. From an investor perspective, EVmo’s narrative has been shaped by its stated commitment to transition toward electric vehicles, a theme that helped drive the 2021 name change. That positioning gives the company a sustainability-linked angle, but it remains a small-scale operator rather than a dominant industry player. Its competitive position is best understood as niche and localized: EVmo is trying to solve a practical fleet-access problem for gig workers and urban operators, not to compete head-on with the largest national rental or mobility platforms. Geographically, the business appears concentrated in the United States, with a California corporate base and an exposure to major metropolitan markets where rideshare and delivery demand is structurally stronger. Public disclosures in recent years have emphasized corporate repositioning, business simplification, and regulatory reporting rather than large-scale geographic expansion. For French-speaking investors in Europe, YAYO should therefore be viewed as a small, speculative US transport/logistics name on NASDAQ, with returns likely driven by execution, financing capacity, and the success of its electric-vehicle transition rather than by broad market dominance.