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

Issuer:     Mobiquity Technologies, Inc. (MOBQ)
CIK:        0001084267
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001683168-23-005037
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

- Reverse split proposal passed with 57,308,062 votes in favor, 20,304,193 against, 4,547,955 broker non-votes.
- Series F Preferred Stock cast 51,687,254 votes for and 18,312,746 against the reverse split proposal.
- Auditor Assurance Dimensions ratified for 2023 with 10,335,149 in favor, 1,802,283 against, 36,865 abstain.
- Board granted discretionary authority to amend charter for reverse split to comply with NasdaqCM Listing Rule 5550(a)(2).
- Split intended to raise stock price above $1.00 to avoid delisting; timing and ratio at board's discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823005037/0001683168-23-005037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823005037/mobiquity_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-005037

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