Mobivity Holdings Corp. Completes Acquisition of 06 Technology
Ticker: MFON · Form: 8-K · Filed: Oct 1, 2024 · CIK: 1447380
Sentiment: neutral
Topics: acquisition, material-definitive-agreement
TL;DR
Mobivity just bought 06 Technology, big deal for their software biz.
AI Summary
Mobivity Holdings Corp. announced on September 25, 2024, the completion of its acquisition of 06 Technology. This transaction is considered a material definitive agreement. The company's principal executive offices are located at 3133 West Frye Road, Suite 215, Chandler, Arizona.
Why It Matters
The acquisition of 06 Technology by Mobivity Holdings Corp. signifies a strategic move to expand its business operations and potentially enhance its service offerings in the software industry.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, market reception, and financial performance.
Key Players & Entities
- Mobivity Holdings Corp. (company) — Registrant
- 06 Technology (company) — Acquired Company
- September 25, 2024 (date) — Date of earliest event reported
- 3133 West Frye Road, Suite 215, Chandler, Arizona (location) — Principal executive offices
- Nevada (jurisdiction) — State of incorporation
FAQ
What is the nature of the material definitive agreement announced by Mobivity Holdings Corp.?
The material definitive agreement pertains to the completion of the acquisition of 06 Technology by Mobivity Holdings Corp.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 25, 2024.
Where are Mobivity Holdings Corp.'s principal executive offices located?
Mobivity Holdings Corp.'s principal executive offices are located at 3133 West Frye Road, Suite 215, Chandler, Arizona.
In which state was Mobivity Holdings Corp. incorporated?
Mobivity Holdings Corp. was incorporated in Nevada.
What is the SIC code for Mobivity Holdings Corp.?
The Standard Industrial Classification (SIC) code for Mobivity Holdings Corp. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 624 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-10-01 17:17:57
Key Financial Figures
- $303,000 — ayment of the Earn-Out Payment equal to $303,000. The Asset Purchase Agreement include
Filing Documents
- form8-k.htm (8-K) — 38KB
- ex2-1.htm (EX-2.1) — 124KB
- 0001493152-24-039056.txt ( ) — 350KB
- mfon-20240925.xsd (EX-101.SCH) — 3KB
- mfon-20240925_lab.xml (EX-101.LAB) — 33KB
- mfon-20240925_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 1, 2024 MOBIVITY HOLDINGS CORP. By: /s/ Bryce D. Daniels Bryce D. Daniels Chief Executive Officer