secwatch.observer — SEC 8-K summary
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Issuer:     MOBIVITY HOLDINGS CORP. (MFON)
CIK:        0001447380
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001437749-22-027675
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.03, 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1447380/000143774922027675/0001437749-22-027675-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1447380/000143774922027675/mobv20221117_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027675

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