Mobiquity Technologies Faces Delisting Concerns
Ticker: MOBQW · Form: 8-K · Filed: May 28, 2024 · CIK: 1084267
| Field | Detail |
|---|---|
| Company | Mobiquity Technologies, Inc. (MOBQW) |
| Form Type | 8-K |
| Filed Date | May 28, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $400,000, $0.50 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-rule
TL;DR
MOBI might get delisted, check exchange rules.
AI Summary
Mobiquity Technologies, Inc. filed an 8-K on May 28, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule. The company's principal executive offices are located at 35 Torrington Lane, Shoreham, New York.
Why It Matters
This filing indicates potential issues with Mobiquity Technologies' compliance with stock exchange listing standards, which could lead to the delisting of its shares.
Risk Assessment
Risk Level: high — The filing explicitly mentions a notice of delisting or failure to satisfy a continued listing rule, which is a significant risk for shareholders.
Key Players & Entities
- Mobiquity Technologies, Inc. (company) — Registrant
- May 21, 2024 (date) — Earliest event reported
- May 28, 2024 (date) — Filing date
- 35 Torrington Lane, Shoreham, New York 11786 (address) — Principal Executive Offices
FAQ
What specific listing rule has Mobiquity Technologies failed to satisfy?
The filing does not specify the exact listing rule that has not been satisfied, only that a notice of delisting or failure to satisfy a continued listing rule has been issued.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is May 21, 2024.
What is the company's principal executive office address?
The company's principal executive offices are located at 35 Torrington Lane, Shoreham, New York 11786.
What is the SEC file number for Mobiquity Technologies, Inc.?
The SEC file number for Mobiquity Technologies, Inc. is 001-41117.
What is the IRS Employer Identification Number for Mobiquity Technologies, Inc.?
The IRS Employer Identification Number for Mobiquity Technologies, Inc. is 11-3427886.
Filing Stats: 570 words · 2 min read · ~2 pages · Grade level 10.1 · Accepted 2024-05-28 16:24:29
Key Financial Figures
- $0.0001 — Section 12(b) of the Act: Common Stock, $0.0001 par value per share; Common Stock Purch
- $400,000 — 21, 2024, the Company raised a total of $400,000 in cash from various accredited investo
- $0.50 — 00 shares of common stock at a price of $0.50 per share price, bringing the total num
Filing Documents
- mobiquity_8k.htm (8-K) — 27KB
- mobiquity_ex9901.htm (EX-99.1) — 7KB
- 0001683168-24-003848.txt ( ) — 199KB
- mobq-20240521.xsd (EX-101.SCH) — 3KB
- mobq-20240521_lab.xml (EX-101.LAB) — 33KB
- mobq-20240521_pre.xml (EX-101.PRE) — 22KB
- mobiquity_8k_htm.xml (XML) — 3KB
01
Item 7.01 Regulation FD Disclosure On May 22, 2023, the Company issued a press release. A copy of the press release is attached as Exhibit 99.1 to this Current Report and is incorporated herein by reference. The Company is furnishing the information in this Item 7.01 and in Exhibit 99.1 to comply with Regulation FD. This information, including Exhibit 99.1, shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in this Item 7.01, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, or the Exchange Act, regardless of any general incorporation language in such filings.
01
Item 3.01 Unregistered Sales of Equity Securities The week of May 21, 2024, the Company raised a total of $400,000 in cash from various accredited investors in conjunction with common stock subscription agreements, resulting in the issuance of a total of 800,000 shares of common stock at a price of $0.50 per share price, bringing the total number of outstanding common shares to 6,590,260.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated May 22, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Dated: May 28, 2024 MOBIQUITY TECHNOLOGIES, INC. By: /s/ Dean L. Julia Dean L. Julia, Chief Executive Officer 3