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.
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.
Max materiality 0.90 · Median 0.60 · Most common event m_and_a