Mobiquity Technologies announces that it is implementing a 1-for-15 reverse stock split of its common stock. The reverse split is designed to maintain the Company’s compliance with the minimum bid price requirement for listing its common stock on The Nasdaq Capital Market. The Company filed an Amendment to its Certificate of Incorporation to effectuate the reverse split with the New York Secretary of State on August 2, 2023. Mobiquity Technology’s common stock will begin trading on Nasdaq on a split-adjusted basis as of the market open on August 7, 2023, under the same “MOBQ” symbol. The new CUSIP number for the common stock following the reverse split will be 60743F607.
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