Mobiquity terminates COO for cause, appoints new board member and engages IR consultant

Mobiquity Technologies, Inc.

COO Don (Trey) W. Barrett III terminated for cause; forfeits unvested 25,000 restricted shares and options for 150,000 shares.
Director Anthony Iacovone resigns; replaced by Anne S. Provost as independent director and financial expert.
Jed Weissberg named SVP of Operations and Finance, assuming Barrett's responsibilities.
Columbia Marketing Group hired for IR and business development consulting.
Board approves $1,000 monthly compensation per director for board and committee service.

item 1.02 item 5.02 item 7.01 item 8.01 item 9.01

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Departed

Don (Trey) W. Barrett III

Chief Operating Officer

MOBQ · Mobiquity Technologies, Inc.

Filed: March 23, 2022, 7:59 PM ET

As a result of his termination, Mr. Barrett forfeited his right to retain 25,000 shares of restricted common stock and options to purchase 150,000 shares which had not vest ed .

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.75

Don (Trey) W. Barrett III was terminated as Chief Operating Officer at Mobiquity Technologies, Inc..

Action: terminated
Role: Chief Operating Officer

Exact text from the filing

As a result of his termination, Mr. Barrett forfeited his right to retain 25,000 shares of restricted common stock and options to purchase 150,000 shares which had not vest ed .

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Mobiquity Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001683168-22-001878

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