MOBIQUITY TECHNOLOGIES, INC. UNDERWRITING AGREEMENT 2,481,928 Firm UnitsUnderwriting Agreement • December 14th, 2021 • Mobiquity Technologies, Inc. • Services-advertising • New York
Contract Type FiledDecember 14th, 2021 Company Industry JurisdictionMobiquity Technologies, Inc., a New York State corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell to the underwriters named in Schedule I hereto (the “Underwriters,” or each, an “Underwriter”), for whom Spartan Capital Securities, LLC is acting as representative (the “Representative”), an aggregate of 2,481,928 units (the “Firm Units”), with each unit consisting of one share of common stock, par value $0.0001 per share (the “Common Stock”) of the Company (the “Firm Shares”), and a Warrant to purchase one share of Common Stock, at an exercise price of $4.98 per share and with a term of five (5) years (the “Firm Warrants”). The Company also proposes to sell to the Underwriters, upon the terms and conditions set forth in Section 4 hereof, in the aggregate, up to 372,289 additional shares of Common Stock representing 15% of the Firm Shares sold in the offering from the Company (the “Option Shares”) and/or up to 372,289 additional war