debt
confidence high
sentiment neutral
materiality 0.60
Mobivity corrects convertible note offering amount to $3.35M from $3.85M
MOBIVITY HOLDINGS CORP.
- Aggregate principal amount of convertible notes issued is $3.35 million, corrected from previously reported $3.85 million.
- Thomas B. Akin invested $1.85 million; Bruce E. Terker invested $1.5 million in the offering.
- Proceeds will be used for working capital, general corporate purposes, and proposed reverse stock split.
- No other changes were made to the original 8-K report other than correcting the principal amount error.
item 1.01