.
On June 30, 2022,
Dr. Salkind and his wife converted their secured principal debt in the amount of $510,000 at a conversion price of $1.25 per share.
A total of 408,000 restricted common shares were issued and per his loan agreement, the Company issued warrants to purchase 204,000
additional restricted common shares at an exercise price of $4.00 per share through September 2029. No commissions were paid in
connection with this transaction which is exempt under Section 3 (a) (9) of the Securities Act of 1934, as amended.
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SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: July 6, 2022
MOBIQUITY TECHNOLOGIES, INC.
By:
/s/ Dean L. Julia
Dean L. Julia, Chief Executive Officer
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