Mobiquity Technologies, Inc. (MOBQ) Prices 2.48M Unit Offering at $4.15/unit

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Mobiquity Technologies, Inc. Announces Pricing of $10.3 Million Public Offering

December 9, 2021 8:00 AM EST

NEW YORK, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Mobiquity Technologies, Inc.(NASDAQ: MOBQ) (the Company), a leading provider of next-generation advertising, announced today an underwritten public offering of units for gross proceeds of approximately $10.3 million, prior to deducting underwriting discounts and commissions and offering expenses payable by the company and excluding any exercise of the underwriters' option to purchase any additional securities as described herein.

The public offering is comprised of 2,481,928 units, priced at a public offering price of $4.15 per unit, consisting of an aggregate of 2,481,928 shares of common stock and warrants to... More