secwatch.observer — SEC 8-K summary
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Issuer:     Mobiquity Technologies, Inc. (MOBQ)
CIK:        0001084267
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001683168-23-007117
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mobiquity grants Chairman 150k shares, secures $300k convertible loan
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- Consulting agreement with Chairman Gene Salkind: 150,000 restricted shares for 12-month term; focus on growth strategy and partnerships.
- Unsecured $300,000 loan from Marital Trust GST, due Nov 30, 2023, at 15% annual interest.
- Lender may convert principal into common stock at $0.70/share or into terms of any private financing completed before maturity.
- Either party may terminate the consulting agreement on 30 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823007117/0001683168-23-007117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084267/000168316823007117/mobiquity_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-007117

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