Mobiquity Technologies Inc Stock Price, News & Analysis

Mobiquity Technologies (NASDAQ: MOBQ) has announced a partnership with UNIFD to expand programmatic advertising on Connected TV (CTV) platforms such as Roku and FireTV. This collaboration aims to enhance brand visibility and performance for marketers, leveraging UNIFD's extensive CTV marketplace, which boasts over 85 million monthly advertising opportunities. The partnership is set to position Mobiquity advantageously as CTV ad spend is projected to reach $19 billion by the end of 2022, offering marketers innovative ways to track and measure campaign effectiveness.

Mobiquity Technologies has appointed Don Walker “Trey” Barrett, III as Chief Operations and Strategy Officer, effective January 4, 2022. Barrett brings over 35 years of experience in data-driven direct marketing and leadership roles, previously serving as COO of Inuvo, where he oversaw operations during substantial revenue growth from $20 million to over $61 million. His new role aims to enhance Mobiquity's operational excellence and strategic focus in advertising and data services, aligning with the company's growth ambitions.

Mobiquity Technologies, Inc. (NASDAQ: MOBQ) has announced the expansion of its MobiExchange SaaS platform by integrating SMS capabilities. This new feature enables marketers to utilize their first-party data in conjunction with SMS for more effective digital marketing campaigns. SMS is recognized as a powerful marketing channel, and its inclusion aims to enhance audience reach and optimize campaign execution. CEO Dean Julia emphasized the platform's design to be affordable and user-friendly for swift implementation, catering primarily to small and medium-sized brands and agencies.

Mobiquity Technologies (NASDAQ: MOBQ) announced enhanced targeting solutions for digital advertising through its MobiExchange platform. The platform, aimed at small and medium-sized advertisers, now includes political audiences alongside existing consumer and automotive segments. This feature allows advertisers to convert offline data into actionable insights quickly, without needing an in-house tech team. CEO Dean Julia highlighted the company's commitment to improving political campaign targeting, anticipating further engagement with agencies seeking innovative tools for micro-targeting voter groups.

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.