Sabby Fund Discloses 144,867 Share Stake in Mobiquity Technologies
Ticker: MOBQW · Form: SC 13G · Filed: Jan 3, 2024 · CIK: 1084267
| Field | Detail |
|---|---|
| Company | Mobiquity Technologies, Inc. (MOBQW) |
| Form Type | SC 13G |
| Filed Date | Jan 3, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, SC-13G, stake-disclosure
TL;DR
**Sabby Fund just revealed a 144,867 share stake in Mobiquity Technologies.**
AI Summary
Sabby Volatility Warrant Master Fund, Ltd., a Cayman Islands-based entity, reported beneficial ownership of 144,867 shares of Mobiquity Technologies, Inc. common stock as of December 31, 2023. This represents a significant stake, indicating a notable investment by Sabby Management, LLC, which is the filing entity. For current or prospective shareholders of Mobiquity Technologies, Inc. (MOBQ), this filing signals that a sophisticated institutional investor sees value in the company, potentially boosting confidence or suggesting future strategic involvement.
Why It Matters
This filing reveals a new or updated significant ownership stake by an institutional investor, which can influence stock price and signal confidence (or lack thereof) in the company's future.
Risk Assessment
Risk Level: low — This filing indicates an institutional investment, which is generally seen as a positive or neutral development, not inherently risky.
Analyst Insight
A smart investor would monitor future filings from Sabby Management, LLC and Sabby Volatility Warrant Master Fund, Ltd. for any changes in their stake, as well as research Mobiquity Technologies, Inc.'s fundamentals to understand why this institutional investor took a position.
Key Numbers
- 144,867 — Shares Beneficially Owned (Total shares of Mobiquity Technologies, Inc. common stock owned by Sabby Volatility Warrant Master Fund, Ltd.)
- December 31, 2023 — Date of Event (The date that triggered the requirement for this Schedule 13G filing.)
- 60743F508 — CUSIP Number (Identifier for Mobiquity Technologies, Inc. Common Stock)
Key Players & Entities
- Mobiquity Technologies, Inc. (company) — subject company of the filing
- Sabby Management, LLC (company) — filing entity
- Sabby Volatility Warrant Master Fund, Ltd. (company) — reporting person beneficially owning shares
- Cayman Islands (company) — place of organization for Sabby Volatility Warrant Master Fund, Ltd.
- 07 Trade & Services (company) — organization name associated with Mobiquity Technologies, Inc.
Forward-Looking Statements
- Sabby Volatility Warrant Master Fund, Ltd. may increase its stake in Mobiquity Technologies, Inc. (Sabby Volatility Warrant Master Fund, Ltd.) — low confidence, target: Q2 2024
- Mobiquity Technologies, Inc.'s stock price may see a short-term positive reaction due to institutional interest. (Mobiquity Technologies, Inc.) — medium confidence, target: January 2024
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person is Sabby Volatility Warrant Master Fund, Ltd., as stated in Item 1 of the filing.
What is the total number of shares of Mobiquity Technologies, Inc. common stock beneficially owned by the reporting person?
The aggregate amount beneficially owned by Sabby Volatility Warrant Master Fund, Ltd. is 144,867 shares, as indicated in Row 9 of the cover page.
What is the date of the event that required this filing?
The date of the event which requires the filing of this statement is December 31, 2023, as specified on the cover page.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(c), as indicated by the 'X' in the appropriate box on the cover page.
What is the place of organization for Sabby Volatility Warrant Master Fund, Ltd.?
The place of organization for Sabby Volatility Warrant Master Fund, Ltd. is the Cayman Islands, as stated in Row 4 of the cover page.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on January 3, 2024 regarding Mobiquity Technologies, Inc. (MOBQW).