Mobiquity Technologies, Inc., a company incorporated in New York, reported on July 3, 2024, the conversion of demand promissory notes into convertible notes due December 31, 2024. The total amount converted is $212,000, which includes $187,000 cash and an additional $25,000 issued for legal services. These notes are convertible at $.50 per share, with Dr. Salkind, the Chairman of the company, holding $160,000 of the convertible notes. The company also announced the successful over-subscription of its offering, initially seeking to raise one million dollars as per the Form 10-Q filed on May 20, 2024. The offering raised $1,037,000, with $435,000 in cash from various accredited investors since the last filing, increasing the total outstanding common shares to 7,447,816. The transactions were exempt from registration under Rule 506, Section 4(2) or Section 3(a)(9) of the Securities Act of 1933, with no commissions paid.

Mobiquity Technologies, Inc., a company incorporated in New York, reported on July 3, 2024, the conversion of demand promissory notes into convertible notes due December 31, 2024. The total amount converted is $212,000, which includes $187,000 cash and an additional $25,000 issued for legal services. These notes are convertible at $.50 per share, with Dr. Salkind, the Chairman of the company, holding $160,000 of the convertible notes. The company also announced the successful over-subscription of its offering, initially seeking to raise one million dollars as per the Form 10-Q filed on May 20, 2024. The offering raised $1,037,000, with $435,000 in cash from various accredited investors since the last filing, increasing the total outstanding common shares to 7,447,816. The transactions were exempt from registration under Rule 506, Section 4(2) or Section 3(a)(9) of the Securities Act of 1933, with no commissions paid.