https://techcrunch.com/2023/09/27/bird-spin-acquisition-will-it-help/

It’s been over a year since shared micromobility startup Bird warned shareholders that it might get delisted from the New York Stock Exchange. On Monday, that warning became a reality.

The news comes about a week after Bird closed a deal to acquire fellow e-scooter company Spin from German operator Tier, a move that Bird says will help it achieve long-term sustainable profitability, which Bird has been unable to accomplish on its own.