---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-004540"
form_type: "8-K"
ticker: "MOBQ"
cik: "0001084267"
company_name: "Mobiquity Technologies, Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:38:25.735203+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mobiquity prices $3M public offering of 30M shares at $0.10; net proceeds to pay secured debt

## Summary
- Public offering of 30,000,000 shares (or pre-funded warrants) at $0.10/share for gross proceeds of ~$3.0M.
- Net proceeds expected ~$2.385M after placement agent fees and expenses.
- Up to $1,437,500 of net proceeds to repay secured debt; remainder for working capital.
- Closing expected June 30, 2023; Spartan Capital Securities acting as placement agent.
- Offering pursuant to effective Form S-1 registration statement (File No. 333-272572).

## SEC filing metadata
- accession: 0001683168-23-004540
- form_type: 8-K
- ticker: MOBQ
- cik: 0001084267
- company_name: Mobiquity Technologies, Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084267/000168316823004540/0001683168-23-004540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084267/000168316823004540/mobiquity_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-004540
- JSON: https://secwatch.observer/filing/0001683168-23-004540.json
- Plain text: https://secwatch.observer/filing/0001683168-23-004540.txt

## Key facts
- Material Agreements
  Mobiquity Technologies, Inc. entered into Placement Agent Agreement with Spartan Capital Securities, LLC valued at approximately $2,385,000 (effective 2023-06-29).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Spartan Capital Securities, LLC
  - Value: approximately $2,385,000
  - Effective: 2023-06-29
  source text: On June 29, 2023, Mobiquity Technologies, Inc. (the “Company”) entered into a Placement Agent agreement (the “Placement Agent Agreement”) with the Spartan Capital Securities, LLC (the “Placement Agent”) relating to the public offering of up to 30 million shares of common stock (or common stock equivalents in lieu thereof in the form of pre-funded warrants).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1084267/000168316823004540/0001683168-23-004540-index.htm

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