Welcome to our dedicated page for YayYo news (Ticker: YAYO), a resource for investors and traders seeking the latest updates and insights on YayYo stock.
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Rideshare Rental, Inc. has announced a significant leadership change. Terren Peizer of Acuitas Group Holdings will be appointed as Executive Chairman, while Stephen M. Sanchez transitions to Chief Executive Officer. This follows an agreement where Acuitas will acquire 6,000,000 shares, establishing it as the controlling stockholder with over 10 million shares. Peizer aims to uplist Rideshare Rental's common stock to a national exchange. The transition is expected to finalize around February 15. Mr. El-Batrawi will resign from his roles with the company as part of this change.
YayYo, Inc. (YAYO) has partnered with Aioi Nissay Dowa Insurance Services USA (AIS) to enhance safety in Mobility as a Service (MaaS) fleets. The collaboration involves deploying AI dash cams in 300 vehicles of YayYo's rideshare rental fleet, utilizing AIS’s MOTER™ platform for advanced risk analytics and data collection. This initiative aims to improve driver and passenger safety while reducing insurance costs for fleet operators. YayYo continues to position itself as a key player in the gig economy by bridging the gap between rideshare drivers and vehicle availability.