Company: MFON
Filing Date: 2025-09-09
Form Type: PRER14A
Source: 0001140361-25-034415
Chunk: 12

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-09-09
Form: PRER14A
Chunk 12
---
 and Reasons for the Reverse Stock Split” beginning on page 16and “ Special Factors — Fairness of the Reverse Stock Split” beginning on page 21. Disadvantages of the Reverse Stock Split If the Reverse Stock Split occurs, there will be certain disadvantages to stockholders, including the following:

| • | Cashed Out Stockholders will no longer have any ownership interest in the Company and will no longer participate in our potential future earnings and growth. |

| • | After we have completed the SEC deregistration process, we will cease to file annual, quarterly, current, and other reports and documents with the SEC, and stockholders will cease to receive annual reports and proxy statements. Thus, Continuing Stockholders will have significantly less information about the Company and our business, operations, and financial performance than they have currently. Following the Reverse Stock Split, we currently intend to continue to have our financial statements audited by a public accounting firm to the extent required by the Company’s contractual agreements, but we do not intend to make such financial statements available to our stockholders, unless required by law or otherwise agreed to by the Company. We will continue to hold stockholder meetings, as required under Nevada law, or to take actions by written consent of our stockholders in lieu of meetings. |

| • | Any trading in our common stock after the Reverse Stock Split and deregistration under the Exchange Act will only occur in privately negotiated sales and potentially on the OTC Pink Market, if one or more brokers chooses to make a market for our common stock there and complies with applicable regulatory requirements; however, there can be no assurances regarding any such trading. Because of the possible limited liquidity for our common stock, the termination of our obligation to publicly disclose financial and other information following the Reverse Stock Split, and the deregistration of our common stock under the Exchange Act, Continuing Stockholders may experience a significant decrease in the value of their common stock. |

| • | We will no longer be subject to the provisions of the Sarbanes-Oxley Act or the liability provisions of the Exchange Act. |

| • | Our executive officers, directors and 10% stockholders will no longer be required to file reports relating to their transactions in our common stock with the SEC. In addition, our executive officers, directors and 10% stockholders will no longer be subject to the recovery of profits provision of the Exchange Act, and persons acquiring 5% of our common stock will no longer be required to report their beneficial ownership under the Exchange Act. |

|