Summary by Futu AI
On December 31, 2023, a Schedule 13G amendment was filed with the SEC by Lind Global Fund II LP, Lind Global Partners II LLC, and Jeff Easton, collectively referred to as the Reporting Persons, indicating a significant ownership stake in Mobiquity Technologies, Inc. The filing, which was made public on February 13, 2024, shows that the Reporting Persons collectively own 405,000 shares of Mobiquity Technologies' common stock, representing 9.9% of the company's class of securities. This ownership includes 8,000 Publicly Traded Warrants and 1,720,430 2023 Warrants. However, due to exercise limitations on the warrants, the beneficial ownership is capped at 405,000 shares. The Reporting Persons have sole voting and dispositive power over these shares. The address listed for the Reporting Persons is 444 Madison Ave, Floor 41, New York, NY 10022. The filing asserts that the shares were not acquired for the purpose of changing or influencing the control of Mobiquity Technologies, nor were they held in connection with any transaction having that purpose or effect.