other material
confidence high
sentiment neutral
materiality 0.65
Mobivity completes warrant inducement, raises ~$3.6M in equity
MOBIVITY HOLDINGS CORP.
- Warrant holders exercised Old Warrants at $1.00/share, receiving 3,587,487 common shares.
- Holders received New Warrants to purchase 1,525,620 shares at $2.00/share for 3 years.
- Director Thomas B. Akin participated in the offering.
- Shares and warrants issued under private placement exemption (Section 4(a)(2)).