Mobiquity raises $1.037M in oversubscribed offering; converts notes to equity at $0.50/share

Mobiquity Technologies, Inc.

Converted $187,000 demand notes plus $25,000 for legal services into convertible notes at $0.50/share, due Dec 31, 2024.
Oversubscribed Regulation D offering raised $1,037,000 vs. $1M target; $435,000 cash raised since prior filing.
Chairman Dr. Salkind holds $160,000 of the convertible notes.
Total outstanding common shares increased to 7,447,816.

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