---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-23-009069"
form_type: "8-K"
ticker: "MOBQ"
cik: "0001084267"
company_name: "Mobiquity Technologies, Inc."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T07:44:32.615317+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mobiquity Chairman exchanges preferred shares for Series H convertible at $0.20; lawsuit dismissal granted

## Summary
- Chairman Gene Salkind & parties exchanged 300,789 Series G Preferred ($1.5M issuance value) for 751,730 Series H Preferred convertible into common at $0.20/share.
- Series H auto-converts when common closes above $2.00 for 10 consecutive days or by Dec 31, 2026; no commissions paid.
- Post-exchange, Salkind & associates own 8,068,265 common shares (70.7% of outstanding), excluding warrants.
- Former Co-CEO Michael Trepeta's lawsuit dismissed; defendant's motion granted. He has right to appeal.

## SEC filing metadata
- accession: 0001683168-23-009069
- form_type: 8-K
- ticker: MOBQ
- cik: 0001084267
- company_name: Mobiquity Technologies, Inc.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1084267/000168316823009069/0001683168-23-009069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1084267/000168316823009069/mobiquity_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-23-009069
- JSON: https://secwatch.observer/filing/0001683168-23-009069.json
- Plain text: https://secwatch.observer/filing/0001683168-23-009069.txt

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