---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-027675"
form_type: "8-K"
ticker: "MFON"
cik: "0001447380"
company_name: "MOBIVITY HOLDINGS CORP."
filed_at: "2022-11-17T23:59:59+00:00"
generated_at: "2026-06-21T16:36:09.228935+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mobivity enters $6M credit facility from director; $4.47M convertible note issued

## Summary
- Entered amended credit facility with director Thomas B. Akin, allowing up to $6M in advances.
- Issued $4,466,043 convertible note at 15% interest; conversion at 85% of 30-day VWAP.
- Paid $151,398 outstanding interest in kind with 140,185 shares at $1.08 per share.
- Principal and interest payable in 24 monthly installments starting Jan 31, 2023.
- Automatic conversion upon listing on national exchange five days prior.

## SEC filing metadata
- accession: 0001437749-22-027675
- form_type: 8-K
- ticker: MFON
- cik: 0001447380
- company_name: MOBIVITY HOLDINGS CORP.
- filed_at: 2022-11-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1447380/000143774922027675/0001437749-22-027675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1447380/000143774922027675/mobv20221117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027675
- JSON: https://secwatch.observer/filing/0001437749-22-027675.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027675.txt

## Key facts
- Debt Financings
  MOBIVITY HOLDINGS CORP. amended credit facility of up to $6.0 million in advances with Thomas B. Akin at Not provided maturing Not provided.
  - Instrument: credit facility
  - Principal: up to $6.0 million in advances
  - Counterparty: Thomas B. Akin
  - Rate: Not provided
  - Maturity: Not provided
  - Event: amendment
  source text: The A&R Credit Agreement amends and restates the Credit Facility Agreement, dated as of June 30, 2021, between the Company and Mr. Akin, and allows for the Company to borrow up to $6.0 million in advances.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1447380/000143774922027675/0001437749-22-027675-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.