{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-028871","form_type":"8-K","ticker":"MFON","cik":"0001447380","company_name":"MOBIVITY HOLDINGS CORP.","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.012113+00:00","generated_at":"2026-05-17T20:36:05.769096+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Mobivity raises $3.85M convertible debt, plans 1-for-25,000 reverse split to go private","bullets":["Issued $3.85M senior secured convertible notes at 15% simple interest, maturing July 31, 2028.","Notes sold to director Thomas B. Akin ($2.35M) and 5% holder Bruce E. Terker ($1.5M) for working capital.","Board approved 1-for-25,000 reverse split; cash out small holders (<25,000 shares) at $0.29/share.","Reverse split is part of plan to deregister SEC reporting and go private; special meeting expected Sept 2025.","Directors/executives (~37% ownership) will vote FOR; aggregate cost ~$1.5M including ~$1.01M for cashed-out shares."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-028871","json":"https://secwatch.observer/filing/0001140361-25-028871.json","markdown":"https://secwatch.observer/filing/0001140361-25-028871.md","text":"https://secwatch.observer/filing/0001140361-25-028871.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1447380/000114036125028871/0001140361-25-028871-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1447380/000114036125028871/ef20053071_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T20:36:05.769096+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad1bad15d5ccfe42ed77f202bab733ca4657499d","claim":"MOBIVITY HOLDINGS CORP. incurred convertible notes of aggregate principal amount of $3.85 million with Thomas B. Akin and Bruce E. Terker at simple rate equal to 15% per annum maturing July 31, 2028.","evidence_excerpt":"Pursuant to the Agreement, the Company received $3.85 million in proceeds and issued senior secured convertible promissory notes (each a “Convertible Note” and collectively, the “Convertible Notes”) in the aggregate principal amount of $3.85 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1447380/000114036125028871/0001140361-25-028871-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"aggregate principal amount of $3.85 million"},{"label":"Counterparty","value":"Thomas B. Akin and Bruce E. Terker"},{"label":"Rate","value":"simple rate equal to 15% per annum"},{"label":"Maturity","value":"July 31, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}