Mobiquity Technologies Inc Stock Price, News & Analysis

Mobiquity Technologies (Nasdaq: MOBQ) has integrated OpenAI's ChatGPT technology into its MobiExchange platform, enhancing its AI capabilities in digital advertising. This integration allows advertisers to target audiences more effectively with contextually relevant messages, leveraging real-time data for optimized campaigns. CEO Dean Julia expressed excitement over this innovation, which aims to provide users with quicker and more effective advertising solutions. Mobiquity Technologies operates a comprehensive data services division and is committed to advancing its platform’s functionality to meet client needs.

Mobiquity Technologies, Inc. (NASDAQ: MOBQ) has completed an underwritten public offering, raising approximately $3.75 million before expenses. The offering included shares of common stock, pre-funded warrants, and Series 2023 Warrants. The funds will be utilized to expand product offerings and enhance the company's Artificial Intelligence technology. A final prospectus detailing the offering was filed with the Securities and Exchange Commission on February 15, 2023. Spartan Capital Securities, LLC acted as the sole bookrunner for this offering.

Mobiquity Technologies (Nasdaq: MOBQ) has announced a successful financing round aimed at launching its innovative Platform for Publishers. The platform addresses challenges faced by publishers, including rising costs due to privacy laws and declining revenue from inadequate audience targeting. Key features include a Consent Manager for compliance, an Audience Builder for targeted marketing, a Direct Purchase Interface for increased revenue, and an Inventory Enhancer for improved audience engagement. The timing is seen as ideal for this launch, according to CEO Dean Julia.

Mobiquity Technologies, Inc. (Nasdaq: MOBQ) is launching the Mobiquity Suite for Publishers, addressing challenges in the AdTech ecosystem amid tightening privacy regulations. This new SaaS solution aims to help publishers regain control of their first-party data and improve revenue through direct advertiser sales. Key features include an advanced consent management platform, detailed audience builder, a direct purchase interface, and an inventory enhancer for high CPM targeting. CEO Dean Julia emphasizes the need for publishers to adapt to market shifts.

Mobiquity Technologies, Inc. (Nasdaq: MOBQ) has filed its Form 10-Q for the period ending September 30, 2022, restoring compliance with Nasdaq Listing Rule 5250 (c)(1). The delay in filing was due to an overstatement of losses for the fiscal years 2020 and 2021. Additionally, an amended 10-K/A has been filed to correct these net losses. Mobiquity is a provider of data intelligence and advertising technologies, maintaining a robust audience database and offering programmatic advertising solutions through its Advangelists subsidiary.

Mobiquity Technologies, Inc. (Nasdaq: MOBQ) announced on November 25, 2022, that it received a deficiency notification from Nasdaq for failing to file its Form 10-Q for the period ending September 30, 2022. The Company has 60 days to submit a compliance plan, with the Form 10-Q expected to be filed by December 9, 2022. Additionally, the Company revealed that its previously filed Form 10-K/A is no longer reliable due to an overstatement of net loss by approximately $3.3 million for 2020, necessitating a restatement of financials for both 2020 and 2021.

Mobiquity Technologies (NASDAQ: MOBQ) has expanded its digital advertising portfolio by adding audio ads. This enhancement allows advertisers to reach audiences through platforms like Spotify and Tunein. The automated programmatic audio ads can be played pre-roll, mid-roll, or post-roll during streaming content. With digital audio expected to account for over 12% of media time in 2022, and ad spending projected to hit $6 billion in the US for 2023, this move aims to boost engagement and targeting for brands.

Mobiquity Technologies, Inc. (NASDAQ: MOBQ) announced the mutual resolution of an employment dispute with Don (Trey) Barrett III regarding his separation from the company, effective March 17, 2022. This agreement, reported in the quarterly 10-Q, states that the termination is not for cause and prevents any significant early termination penalties for the company. Mobiquity Technologies specializes in data and advertising solutions, leveraging one of the largest audience databases through its data services division and programmatic advertising technologies via its Advangelists subsidiary.