secwatch / observer
8-K filed July 21, 2023, 7:59 PM ET ticker MOBQ CIK 0001084267
other material confidence high sentiment neutral materiality 0.60

Mobiquity shareholders approve reverse stock split to meet Nasdaq minimum bid price

Mobiquity Technologies, Inc.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Mobiquity Technologies, Inc. shareholders approved Ratification of Assurance Dimensions, Inc. as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-07-21 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-07-21
Exact text from the filing
Proposal 2: The Company’s stockholders ratified the appointment of Assurance Dimensions, Inc. as the Company’s independent registered public accounting firm for the year ending December 31, 2023, by the following vote: Number of Votes Cast in Favor Number of Votes Cast Against Number of Votes Abstain 10,335,149 1,802,283 36,865
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Mobiquity Technologies, Inc. shareholders approved Granting the Board of Directors discretionary authority to amend the Company’s Restated Certificate of Incorporation to effect a reverse stock split of the Company’s common stock for the purpose of meeting the NasdaqCM Listing Rule 5550(a)(2) minimum price for continued listing of at least $1.00 per at the 2023-07-21 meeting.

Proposal
reverse split
Outcome
passed
Meeting
2023-07-21
Exact text from the filing
Proposal 1: The Company’s stockholders granted the Board of Directors discretionary authority to amend the Company’s Restated Certificate of Incorporation to effect a reverse stock split of the Company’s common stock for the purpose of meeting the NasdaqCM Listing Rule 5550(a)(2) minimum price for continued listing of at least $1.00 per share. The affirmative vote of a majority of all the Company’s shares of voting capital stock issued and outstanding (as opposed to a majority of the shares present at the meeting in person or by proxy) was required to approve this proposal. The vote of the shares that were present on proposal 1 was as follows: Common stock Number of Votes Cast in Favor Number of Votes Cast Against Number of Votes Abstain Broker Non-Vote 5,620,808 1,991,447 14,087 4,547,955 Series F Preferred Stock Number of Votes Cast in Favor Number of Votes Cast Against 51,687,254 18,312,746 Combined voting capital Stock Number of Votes Cast in Favor Number of Votes Cast Against Numb
View on SEC.gov

1181 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Mobiquity Technologies, Inc. filing history →

Source: SEC EDGAR
accession 0001683168-23-005037
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