other material
confidence medium
sentiment positive
materiality 0.75
Mobiquity raises $400k via equity sale; announces political ad collaboration with ~$7M revenue potential
Mobiquity Technologies, Inc.
- Raised $400,000 via 800,000 shares at $0.50/share; total outstanding shares now 6,590,260.
- Strategic collaboration with MW Political for CTV/OTT political advertising campaigns.
- Anticipated new campaigns valued at ~$7 million over four years starting mid-July 2024.
- PAC agreement earmarks $5M budget for 2024 cycle; 60-70% directed to Mobiquity's digital efforts starting June 2024.