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Mobiquity Technologies, Inc. Reports Converting Over $2 Million in Debt into Equity

Globe Newswire - Mon Apr 4, 2022

NEW YORK, April 04, 2022 (GLOBE NEWSWIRE) -- Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”), a leading provider of next-generation advertising, today announced that its Chairman, who is the Company’s Secured Lender, has converted over $2 million of his secured indebtedness into equity on terms specifically described in the Company’s Form 8-K, which was filed with the Securities and Exchange Commission.

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