secwatch.observer — SEC 8-K summary
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Issuer:     Mobiquity Technologies, Inc. (MOBQ)
CIK:        0001084267
Form:       8-K
Filed at:   2024-07-03T23:59:59+00:00
Accession:  0001683168-24-004645
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Mobiquity Technologies raises $1.04M in oversubscribed placement; converts notes
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- Converted $212,000 in demand promissory notes (plus $25,000 for legal services) into convertible notes due Dec 31, 2024 at $0.50/share.
- Chairman Dr Salkind holds $160,000 of the convertible notes.
- Private placement oversubscribed at $1,037,000; $435,000 cash raised since last filing from accredited investors.
- Total outstanding common shares now 7,447,816.
- Exemption claimed under Rule 506 and Section 4(2)/3(a)(9); no commissions paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084267/000168316824004645/0001683168-24-004645-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084267/000168316824004645/mobiquity_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-24-004645

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