Peter Zurkow
In our Form 10-k filed on March 31, 2023, we announced that Peter Zurkow resigned from the Board as planned for personal reasons.
Highest-materiality recent filing
Mutually terminated Stephano Slack as independent auditor on June 18, 2026; no accounting disagreements.
Mobiquity enters $4M equity line with ClearThink, issues 250K shares for $250K
Up to $4M common stock ELOC; purchase price at 91% of three lowest daily VWAPs over 8-day valuation period.
Mobiquity raises $1.037M in oversubscribed offering; converts notes to equity at $0.50/share
Converted $187,000 demand notes plus $25,000 for legal services into convertible notes at $0.50/share, due Dec 31, 2024.
Raised $400,000 via 800,000 shares at $0.50/share; total outstanding shares now 6,590,260.
Chairman Gene Salkind & parties exchanged 300,789 Series G Preferred ($1.5M issuance value) for 751,730 Series H Preferred convertible into common at $0.20/share.
Nasdaq delists Mobiquity Technologies for equity non-compliance; trading suspended Dec 7
Nasdaq Panel concluded stockholders' equity likely below $2.5M minimum despite company's claim, citing burn rate.
Mobiquity raises $1.5M in Series G preferred stock from Chairman and affiliates
Cash proceeds of $1,200,000 plus conversion of $303,495 in principal and interest from October 2023 loan.
Mobiquity grants Chairman 150k shares, secures $300k convertible loan
Consulting agreement with Chairman Gene Salkind: 150,000 restricted shares for 12-month term; focus on growth strategy and partnerships.
Mobiquity implements 1-for-15 reverse split; Nasdaq panel grants grace period for listing compliance
Reverse stock split at 1-for-15 ratio effective August 7, 2023; shares trade under same symbol MOBQ.
Mobiquity shareholders approve reverse stock split to meet Nasdaq minimum bid price
Reverse split proposal passed with 57,308,062 votes in favor, 20,304,193 against, 4,547,955 broker non-votes.
Mobiquity receives Nasdaq hearing notice for bid price non-compliance; stock continues trading
Nasdaq letter dated July 13, 2023, states bid-price deficiency will be considered at hearing; company to present compliance plan.
Mobiquity Tech receives Nasdaq delisting notice for failing equity requirement; plans appeal
On June 1, 2023, Nasdaq notified Mobiquity that it failed to meet the $2.5M minimum stockholders' equity requirement for continued listing (Rule 5550(b)).
Mobiquity stockholders reject reverse stock split; Nasdaq listing at risk
Reverse split proposal failed: 6,643,440 in favor vs 8,525,946 needed (majority of outstanding).
Mobiquity Technologies converts $265,563 debt into 1,562,133 restricted shares
Dr. Gene Salkind converted $235,563 debt into 1,385,663 shares; family now holds 4,478,017 shares.
Mobiquity Technologies closes $3.75M public offering; shares and warrants priced at $0.465
Gross proceeds of $3.75M from offering of 8,064,517 shares/pre-funded warrants and Series 2023 Warrants for 12,096,776 shares.
Mobiquity Technologies receives Nasdaq bid-price deficiency; 180-day cure period until July 12, 2023
Nasdaq notified Mobiquity on Jan 13, 2023 that common stock bid price closed below $1.00 for 30 consecutive days.
Mobiquity Technologies receives Nasdaq deficiency notice for failure to hold annual meeting
Deficiency notification received Jan 4, 2023 for noncompliance with Nasdaq Rule 5620(a).
Issued a $1,437,500 senior secured note (20% OID, nine-month maturity) with a warrant exercisable after July 1, 2023.
Mobiquity Technologies receives Nasdaq deficiency notice for equity below $2.5M
Nasdaq notified Mobiquity on Dec 14, 2022 of noncompliance with Listing Rule 5550(b)(1) requiring minimum stockholders' equity of $2.5M.
Audit committee determined prior financials for 2020 and 2021 cannot be relied upon due to erroneously recorded non-cash expenses.
Mobiquity converts $2.05M debt to equity at $1.50/sh; Chairman's ownership rises to 40.6%
Converted $2,052,500 of secured debt held by Chairman Salkind into 1,368,333 restricted shares at $1.50/sh, replacing $4.00 conversion.
Mobiquity appoints Trey Barrett as COO & Strategy Officer; salary $275k plus equity
Don (Trey) W. Barrett III named Chief Operations and Strategy Officer effective Jan 4, 2022.
Mobiquity raises $10.3M in public offering; expands board with three independent directors
Gross proceeds of $10.3M from offering of 2,481,928 units at $4.15/unit (1 share + 1 warrant per unit).
In our Form 10-k filed on March 31, 2023, we announced that Peter Zurkow resigned from the Board as planned for personal reasons.
On April 4, 2023 our Board elected Byron Booker as an independent director to fill the vacancy resulting from Mr. Zurkow’s resignation and to serve as a member of the Company’s Audit Committee, Nominating Committee and Executive Compensation Committee.
As a result of his termination, Mr. Barrett forfeited his right to retain 25,000 shares of restricted common stock and options to purchase 150,000 shares which had not vest ed .
On January 4, 2022 Don (Trey) W. Barrett III accepted the position of Chief Operations and Strategy Officer of Mobiquity Technologies, Inc.
we fixed the size of our Board of Directors at five directors and appointed the following three independent directors to fill the vacancies on the board resulting from the expansion of the board size and Mr. Trepeta’s resignation as a director: Name Age Peter L. Zurkow 68 Michael A. Wright 59 Anthony Iacovone 48
we fixed the size of our Board of Directors at five directors and appointed the following three independent directors to fill the vacancies on the board resulting from the expansion of the board size and Mr. Trepeta’s resignation as a director: Name Age Peter L. Zurkow 68 Michael A. Wright 59 Anthony Iacovone 48
we fixed the size of our Board of Directors at five directors and appointed the following three independent directors to fill the vacancies on the board resulting from the expansion of the board size and Mr. Trepeta’s resignation as a director: Name Age Peter L. Zurkow 68 Michael A. Wright 59 Anthony Iacovone 48
Sean Trepeta advised the Company that he was resigning as a director of the Company effective the date our shares and warrants became approved for listing on the Nasdaq Capital Market
Max materiality 0.90 · Median 0.60 · Most common event other_material