Mobiquity Technologies Inc Stock Price, News & Analysis

Mobiquity Technologies, Inc. (NASDAQ: MOBQ) recently celebrated its Nasdaq listing by ringing the closing bell on December 17, 2021. CEO Dean Julia stated that the company's successful $10.3 million public offering marks a significant growth milestone. The raised funds will enhance its growth initiatives, including expanding its workforce, acquiring digital media inventory, and advancing technology development.

The event reinforces Mobiquity's positioning in the next-generation advertising sector, with its focus on data and programmatic advertising.

Mobiquity Technologies has announced the appointment of three new independent directors to its board: Peter L. Zurkow, Michael A. Wright, and Anthony Iacovone, effective December 8, 2021. This moves comes on the heels of a successful $10.3 million public offering, enhancing the company's position for long-term growth. The board now consists of five members, with an independent majority, aiming to improve corporate governance. The leadership changes are expected to accelerate revenue and scale the business, reflecting Mobiquity's commitment to transforming advertising transactions through its proprietary platforms.

Mobiquity Technologies, Inc. (NASDAQ: MOBQ) has successfully closed its underwritten public offering, raising approximately $10.3 million from the sale of 2,481,928 units at $4.15 per unit. Each unit includes a share of common stock and a warrant, exercisable at $4.98 for five years. The proceeds will be allocated towards hiring sales personnel, purchasing ad space, enhancing technology, repaying debt, and general corporate purposes. The underwriters have a 45-day option for additional shares.

Mobiquity Technologies (NASDAQ: MOBQ) has hired TraDigital IR to enhance its investor relations program. CEO Dean Julia expressed confidence that TraDigital's expertise will improve communication and market awareness for the company. TraDigital aims to increase Mobiquity's exposure in the retail investment community and among microcap funds, emphasizing the company's growth strategy in marketing technology and data intelligence. Mobiquity maintains a strong audience database and offers programmatic advertising technologies through its Advangelists subsidiary.

Mobiquity Technologies, Inc. (NASDAQ: MOBQ) announced an underwritten public offering of units expected to raise approximately $10.3 million. The offering comprises 2,481,928 units priced at $4.15 per unit, each consisting of one share of common stock and a warrant to purchase one share at $4.98. Additionally, underwriters have a 45-day option to purchase an extra 372,289 shares and warrants. The offering is projected to close around December 13, 2021, contingent upon standard closing conditions, and the Company has applied for a Nasdaq listing under MOBQ.

Mobiquity Technologies, Inc. (OTCQB: MOBQ) has launched MobiExchange, a new SaaS platform designed for efficient digital advertising and data services, in collaboration with NationBuilder. This user-friendly service enables clients to quickly initiate digital media campaigns, with the potential to enhance outreach for organizations and political entities. CEO Dean Julia highlighted that ad expenditures using MobiExchange will also serve as database investments, thereby expanding clients' marketing capabilities.

Mobiquity Technologies, Inc. (OTCQB: MOBQ) has launched AdWrap, an innovative reporting tool designed to enhance advertising strategies by providing AI-driven campaign insights. This feature offers detailed reports on various factors affecting ad performance, such as audience demographics and creative effectiveness. CEO Dean Julia emphasizes the importance of merging AI with human intelligence for optimal results. AdWrap is integrated into the Advangelists platform and is available for testing, enabling advertisers to focus on strategic planning.

Mobiquity Technologies (OTCQB:MOBQ) has enhanced its AdCreatr Product Suite by integrating contextual targeting. This feature allows advertisers to deploy varied contextual options efficiently, improving campaign performance and achieving higher Return On Advertising Spend (ROAS). The platform combines creative management with real-time feedback, optimizing advertising strategies. Dean Julia, CEO, emphasizes the need for advertisers to reach audiences effectively while respecting privacy standards. AdCreatr is now available across Mobile, Desktop, and Connected TV.

Mobiquity Technologies (OTCQB:MOBQ) is launching the Advangelists feature 'Why This Ad?' to enhance advertising transparency in 2021. This feature allows users to see the data behind targeted ads, including age, location, and interests. Advertisers will receive feedback if audiences opt-out, facilitating improved audience segmentation. This initiative aims to address privacy concerns highlighted by legislation like CCPA and GDPR. The new feature will be included in all upcoming Advangelists campaigns without additional costs.