Mobiquity Technologies, Inc. Announces Pricing of $10.3 Million Public Offering
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 purchase 2,481,928 shares of common stock.
- 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 purchase 2,481,928 shares of common stock.
- In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 372,289 shares and 372,289 warrants at the public offering price less the underwriting discounts and commissions.
- The offering is expected to close on or about December 13, 2021, subject to satisfaction of customary closing conditions.
- The approval of the Companys listing on the Nasdaq Capital Market is a condition of closing this offering.