---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-001031"
form_type: "8-K"
ticker: "MOBQ"
cik: "0001084267"
company_name: "Mobiquity Technologies, Inc."
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T07:47:05.931038+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mobiquity Technologies closes $3.75M public offering; shares and warrants priced at $0.465

## Summary
- Gross proceeds of $3.75M from offering of 8,064,517 shares/pre-funded warrants and Series 2023 Warrants for 12,096,776 shares.
- Net proceeds to company approximately $2.95M after underwriting discounts and expenses.
- Proceeds to be used to expand product offerings and enhance AI technology.
- Underwriter: Spartan Capital Securities; offering closed on February 16, 2023.
- Series 2023 Warrants exercisable for five years at $0.465 per 1.5 shares, with alternative cashless exercise trigger.

## SEC filing metadata
- accession: 0001683168-23-001031
- form_type: 8-K
- ticker: MOBQ
- cik: 0001084267
- company_name: Mobiquity Technologies, Inc.
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084267/000168316823001031/0001683168-23-001031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084267/000168316823001031/mobiquity_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-001031
- JSON: https://secwatch.observer/filing/0001683168-23-001031.json
- Plain text: https://secwatch.observer/filing/0001683168-23-001031.txt

## Key facts
- Material Agreements
  Mobiquity Technologies, Inc. entered into Underwriting Agreement with Spartan Capital Securities, LLC valued at approximately $2,950,000 (effective 2023-02-13).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Spartan Capital Securities, LLC
  - Value: approximately $2,950,000
  - Effective: 2023-02-13
  source text: On February 13, 2023, Mobiquity Technologies, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the Spartan Capital Securities, LLC (the “Underwriter”) relating to the public offering of 3,777,634 shares of common stock and pre-funded warrants to purchase 4,286,883 shares of common stock, accompanied by Series 2023 Warrants to purchase 12,096,776 shares of common stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084267/000168316823001031/0001683168-23-001031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.