Urgent.ly (ULY) Registration Filing summary

Company overview and business model

• Operates a connected mobility assistance software platform matching vehicle owners and operators with service professionals for roadside assistance, maintenance, and repair services.

• Initially focused on direct-to-consumer roadside assistance, later pivoted to business-to-business and business-to-business-to-consumer markets.

• Founded in 2013 and headquartered in Vienna, VA.

Financial performance and metrics

• Has devoted substantial capital resources to development and has incurred losses since inception.

• Audit report includes an explanatory paragraph on ability to continue as a going concern.

Use of proceeds and capital allocation

• Will not receive any proceeds from the sale of shares by selling stockholders; all proceeds go to the selling stockholders.

• Registration expenses are borne by the company, while selling stockholders pay discounts, commissions, and similar expenses.