secwatch.observer — SEC 8-K summary
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Issuer:     Mobiquity Technologies, Inc. (MOBQ)
CIK:        0001084267
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0001683168-23-004540
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823004540/0001683168-23-004540-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823004540/mobiquity_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004540

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