other material
confidence high
sentiment neutral
materiality 0.50
Mobiquity Technologies converts $510K debt into 408K common shares and 204K warrants
Mobiquity Technologies, Inc.
- Dr. Salkind and his wife converted $510,000 secured principal debt into 408,000 restricted common shares at $1.25/share.
- The company issued warrants for 204,000 additional restricted common shares at $4.00 exercise price, expiring September 2029.
- Transaction exempt under Section 3(a)(9) of the Securities Act; no commissions paid.