secwatch.observer — SEC 8-K summary
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Issuer:     MOBIVITY HOLDINGS CORP. (MFON)
CIK:        0001447380
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001493152-24-018354
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mobivity extends credit facility maturity to June 2026; interest paid in stock
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- Maturity extended to June 30, 2026; principal payments deferred to start July 31, 2024 in 24 monthly installments.
- Interest at 15% per annum paid quarterly in kind in common stock at 90-day VWAP.
- Amendment applies to existing convertible notes and future notes under the credit agreement.
- Lender is director Thomas B. Akin; securities issued as accredited investor exemption.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1447380/000149315224018354/0001493152-24-018354-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1447380/000149315224018354/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018354

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