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Mobiquity Technologies Enters ELOC Agreement with ClearThink

Tipranks - Thu Jul 10, 2025

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The latest announcement is out from Mobiquity Technologies ( (MOBQ) ).

On June 30, 2025, Mobiquity Technologies entered into an ELOC Purchase Agreement with ClearThink Capital Partners, allowing ClearThink to purchase up to $4,000,000 of Mobiquity’s Common Stock under specific conditions. The agreement includes a commitment fee of 100,000 restricted shares and has a maturity date of 24 months. The agreement outlines various conditions and events of default that could impact the purchase process, including trading suspensions and bankruptcy proceedings. Additionally, a Securities Purchase Agreement was established for ClearThink to purchase 250,000 shares for $250,000, with the first closing on July 1, 2025.

More about Mobiquity Technologies

Average Trading Volume: 16,862

Technical Sentiment Signal: Sell

Current Market Cap: $31.39M

See more insights into MOBQ stock on TipRanks’ Stock Analysis page.

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