Form 4: Mobiquity Technologies Director Salkind Acquires Shares Through Conversion
SEC Form 4 Filing
Gene Salkind, a director and 10% owner of Mobiquity Technologies, acquired shares through the conversion of Series H Preferred Stock.
Summary
- On August 6, 2024, Gene Salkind, a director and 10% owner of Mobiquity Technologies, engaged in a transaction involving the company's securities.
- Salkind acquired 7,675,160 shares of Common Stock through conversion at a price of $0.2.
- Following the transaction, Salkind directly owns 8,223,695 shares of Common Stock.
- Additionally, 751,973 shares of Series H Preferred Stock were converted into 7,519,730 shares of Common Stock.
- After the transaction, Salkind owns 616,201 shares of Series H Preferred Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a transaction by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company insiders.
Stakeholder Impact
- The transaction may provide stakeholders with insights into the confidence of a key insider in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 12/15/2023 | Expiration Date of Series H Preferred Stock |
| 08/06/2024 | Date of transaction: Acquisition of Common Stock and conversion of Series H Preferred Stock |
| 08/08/2024 | Date of signature for the Form 4 filing |
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