secwatch.observer — SEC 8-K summary
======================================

Issuer:     Mobiquity Technologies, Inc. (MOBQ)
CIK:        0001084267
Form:       8-K
Filed at:   2023-01-04T23:59:59+00:00
Accession:  0001683168-23-000016
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mobiquity Technologies secures $1.44M senior secured note with 20% OID and warrant to Walleye Opportunities
--------------------------------------------------------------------------------

- Issued a $1,437,500 senior secured note (20% OID, nine-month maturity) with a warrant exercisable after July 1, 2023.
- Issued 522,727 shares of common stock (~5.3% of outstanding) as an incentive to the investor.
- Placement agent received $103,500 fee and warrants to purchase 26,136 shares at $0.484 per share.
- Proceeds used in part to retire a $150,000 SBA loan; assets and subsidiaries collateralized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823000016/0001683168-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823000016/mobiquity_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer