Mobiquity Technologies, Inc. Announces Pricing of $3.0 Million Public Offering

NEW YORK, June 29, 2023 (GLOBE NEWSWIRE) — Mobiquity Technologies, Inc.(NASDAQ:MOBQ) (the “Company”), a provider of next-generation data intelligence and advertising technology solutions, announced today the pricing of its “reasonable best efforts” public offering of 30,000,000 shares of common stock (or common stock equivalents in lieu thereof) at an effective price of $0.10 per share for aggregate gross proceeds of approximately $3.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company.

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