Highest-materiality recent filing
Mobivity closes sale of substantially all assets to Mistplay for $5.12M cash and 6.33M shares
Cash consideration $5,118,756 at closing; plus 6,328,991 Class B common shares of Reward Holdings (Mistplay affiliate).
Cash consideration of $5.3M, subject to working capital adjustment; $300K to be awarded to employees.
Mobivity corrects convertible note offering amount to $3.35M from $3.85M
Aggregate principal amount of convertible notes issued is $3.35 million, corrected from previously reported $3.85 million.
Mobivity raises $3.85M convertible debt, plans 1-for-25,000 reverse split to go private
Issued $3.85M senior secured convertible notes at 15% simple interest, maturing July 31, 2028.
Mobivity sells SMS/MMS customer accounts to SMS Factory for earn-out plus $303k prepayment
Sold SMS/MMS text messaging customer accounts (Acquired Assets) to SMS Factory, Inc.
Mobivity extends credit facility maturity to June 2026; interest paid in stock
Maturity extended to June 30, 2026; principal payments deferred to start July 31, 2024 in 24 monthly installments.
Mobivity completes warrant exercise inducement, raising ~$1.6M in gross proceeds
Old warrants exercised at reduced price of $0.82/share, yielding 1,960,976 common shares and 3,921,952 new warrant shares.
CEO Dennis Becker resigns as CEO and Chairman effective Sept 1, 2023; board seeks successor
Dennis Becker steps down as CEO and Chairman effective September 1, 2023; remains a director.
Mobivity CFO Lisa Brennan to depart by mutual agreement effective June 21, 2023
CFO Lisa Brennan and Mobivity mutually agreed to end her employment effective on or around June 21, 2023.
Mobivity completes warrant inducement, raises ~$3.6M in equity
Warrant holders exercised Old Warrants at $1.00/share, receiving 3,587,487 common shares.
Maturity of credit facility and convertible notes extended to December 1, 2025.
Mobivity enters $6M credit facility from director; $4.47M convertible note issued
Entered amended credit facility with director Thomas B. Akin, allowing up to $6M in advances.
Mobivity Q2 revenue down 33% to $1.87M; net loss widens to $1.95M
Revenue fell 33% YoY to $1.87M; gross margin dropped to 36% from 54% due to large customer contract restructuring.
Also on January 21, 2025, the Board elected David J. Simon to fill the newly created vacancy on the Board, effective as of the same date
On January 21, 2025, Mobivity Holdings Corp. (the “Company”) received a letter of resignation from Dennis Becker indicating Mr. Becker’s intent to resign as a member of the Board of Directors (the “Board”) of the Company, effective immediately.
On January 29, 2024, Mobivity Holdings Corp. (the “Company”) announced that Skye Fossey-Tomaske was appointed to serve as the Interim Chief Financial Officer of the Company, effective as of January 29, 2024.
On January 29, 2024, Will Sanchez and the Board of Directors (the “Board”) of Mobivity Holdings Corp. (the “Company”) have mutually agreed that Mr. Sanchez will end his employment as Chief Financial Officer of the Company.
Thomas Akin, a Director of the Company, will assume the position of Chairman of the Board before the next meeting of the Board.
On July 26, 2023, Dennis Becker and the Board of Directors (the “Board”) of Mobivity Holdings Corp. (the “Company”) have mutually agreed that Mr. Becker will resign from his position as the Company’s Chief Executive Officer and Chairman of the Board, effective as of September 1, 2023.
Skye Fossey-Tomaske, who has been serving as the Company’s Interim Chief Financial Officer in addition to her role as Corporate Controller of the Company, will step down from her role as the Interim Chief Financial Officer upon the effectiveness of Mr. Sanchez’s appointment.
On July 17, 2023, Mobivity Holdings Corp. (the “Company”) announced that William T. Sanchez was appointed to serve as the Chief Financial Officer of the Company, effective as of July 17, 2023.
On June 21, 2023, Mobivity Holdings Corp. (the “Company”) announced that Skye Fossey-Tomaske was appointed to serve as the Interim Chief Financial Officer of the Company, effective as of June 21, 2023.
On May 22, 2023, Mobivity Holdings Corp. (the “Company”) and Lisa Brennan mutually agreed to end her employment as Chief Financial Officer of the Company, effective on or around June 21, 2023.
On May 15, 2023, Mobivity Holdings Corp. (the “Company”) announced that Kim Carlson was appointed Chief Operating Officer of the Company, effective May 15, 2023.
On May 23, 2022, Mobivity Holdings Corp. (the “Company”) announced that John Harris, a member of the Board of Directors (the “Board”) of the Company, has resigned and will leave the Board effective May 23, 2022.
Max materiality 0.90 · Median 0.57 · Most common event leadership