---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-002557"
form_type: "8-K"
ticker: "MFON"
cik: "0001447380"
company_name: "MOBIVITY HOLDINGS CORP."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:00:00.792088+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mobivity amends credit facility with director Akin; maturity extended to Dec 2025, interest paid in stock

## Summary
- Maturity of credit facility and convertible notes extended to December 1, 2025.
- Principal payments deferred to 24 monthly installments starting January 1, 2024 through December 1, 2025.
- Interest at 15% per annum now payable quarterly in common stock at 90-day VWAP, instead of cash.
- Amendment applies to existing and future convertible notes under the credit facility.
- Lender is director Thomas B. Akin; reflects insider support and potential dilution for shareholders.

## SEC filing metadata
- accession: 0001437749-23-002557
- form_type: 8-K
- ticker: MFON
- cik: 0001447380
- company_name: MOBIVITY HOLDINGS CORP.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1447380/000143774923002557/0001437749-23-002557-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1447380/000143774923002557/mobv20230203_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-002557
- JSON: https://secwatch.observer/filing/0001437749-23-002557.json
- Plain text: https://secwatch.observer/filing/0001437749-23-002557.txt

## Key facts
- Debt Financings
  MOBIVITY HOLDINGS CORP. amended credit facility with Thomas B. Akin maturing December 1, 2025.
  - Instrument: credit facility
  - Counterparty: Thomas B. Akin
  - Maturity: December 1, 2025
  - Event: amendment
  source text: On January 31, 2023, Mobivity Holdings Corp. (the “Company”) entered into Amendment No. 1 (the “Amendment”) to Amended and Restated Credit Facility Agreement and Convertible Notes which amends our existing Amended and Restated Credit Facility Agreement, dated as of November 11, 2022, between the Company and Thomas B. Akin
  evidence_url: https://www.sec.gov/Archives/edgar/data/1447380/000143774923002557/0001437749-23-002557-index.htm
- Material Agreements
  MOBIVITY HOLDINGS CORP. amended Amendment No. 1 with Thomas B. Akin (effective 2023-01-31).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Thomas B. Akin
  - Effective: 2023-01-31
  source text: On January 31, 2023, Mobivity Holdings Corp. (the “Company”) entered into Amendment No. 1 (the “Amendment”) to Amended and Restated Credit Facility Agreement and Convertible Notes which amends our existing Amended and Restated Credit Facility Agreement, dated as of November 11, 2022, between the Company and Thomas B. Akin, a director of the Company (the “Existing Credit Agreement” and as amended by the Amendment, the “Credit Agreement”) and any convertible notes issued thereunder.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1447380/000143774923002557/0001437749-23-002557-index.htm

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