Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 874

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 6
Chunk 874
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 then entered into Amendment No. 2 (the “Amendment”) signed
on May 3,2024, which amends the terms of the Credit Facility Agreement, between the Company and Thomas B. Akin, and any convertible notes
issued thereunder. The Amendment amends the existing Credit Facility Agreement to extend the maturity of the agreement and related convertible
notes thereunder until June 30, 2026. Principal payments have been deferred to a period beginning on July 31, 2024 and ending June 30,
2026.

On
August 13, 2024 amended terms were agreed upon and the Company then entered into Amendment No. 3 (the “Amendment”) signed
on August 13, 2024, which amends the terms of the Credit Facility Agreement, between the Company and Thomas B. Akin, and any convertible
notes issued thereunder. The Amendment amends the existing Credit Facility Agreement to extend the maturity of the agreement and related
convertible notes thereunder until October 31, 2026. Principal payments have been deferred to a period beginning on October 31, 2024
and ending September 30, 2026.

On
November 21, 2024 amended terms were agreed upon and the Company then entered into Amendment No. 4 (the “Amendment”) signed
on November 21, 2024, which amends the terms of the Credit Facility Agreement, between the Company and Thomas B. Akin, and any convertible
notes issued thereunder. The Amendment amends the existing Credit Facility Agreement to extend the maturity of the agreement and related
convertible notes thereunder until June 30, 2026. Principal payments have been deferred to a period beginning on April 30, 2025 and ending
March 31, 2027.

-56-

During the twelve months ended
December 31, 2024, a total of $1,258,093 of accrued interest from equity payable was converted into 2,395,511 shares
of common stock. As of December 31, 2024, the Company had
a principal total of $5,873,125, a debt discount balance of $180,977 for a net principal balance of $5,692,148 and accrued interest
of $895,652 that was recorded to Equity Payable.

Unsecured
Promissory Note

On
July 1, 2021, we entered