Company: MFON
Filing Date: 2025-09-09
Form Type: PRER14A
Source: 0001140361-25-034415
Chunk: 21

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-09-09
Form: PRER14A
Chunk 21
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ourn the Special Meeting, if necessary or appropriate, to solicit additional proxies if there are insufficient votes at the time of the Special Meeting to approve the Reverse Stock Split.

As of July 31, 2025, we expect the Reverse Stock Split will cause insider ownership, defined as the percentage of shares owned by directors and executive officers of the Company, to increase from 37% to 38%.

The Company’s Chairman of the Board, Thomas B. Akin, and members of senior management of the Company may purchase or sell shares of common stock of the Company in the open market following the public announcement of the Reverse Stock Split. Any such purchases or sales will be reported on Form 4 and Schedule 13D as required by law. These purchases and sales may increase or decrease the price of the Company’s common stock.

Thomas B Akin.

Thomas B. Akin serves as Chairman of the Board of Directors of the Company.

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As of July 31, 2025, Mr. Thomas B. Akin beneficially owned, or otherwise controlled, directly or indirectly, 27,654,113 shares of common stock of the Company (excluding shares issuable upon the exercise of common stock warrants and the settlement of restricted stock units), which represents approximately 37% of the total voting power of the outstanding common stock of the Company.

**What if I hold fewer than 25,000 shares of common stock and hold all of my shares in “street name”?**

If you hold fewer than 25,000 shares of our common stock in “street name,” your broker, bank or other nominee is considered the stockholder of record with respect to those shares, and you are not. It is possible that the bank, broker or other nominee also holds shares for other beneficial owners of our common stock and that it may hold 25,000 or more total shares. Therefore, depending upon their procedures, they may not be obligated to treat the Reverse Stock Split as affecting beneficial holders’ shares. We intend to treat stockholders holding our common stock in “street name” in the same manner as record holders. Prior to the Reverse Stock Split, we will conduct an inquiry of all brokers, banks and other nominees that hold shares of our common stock in “street name,” ask them to provide us with information on how many shares held by beneficial holders will be cashed out, and request that they effect the Reverse Stock Split for those beneficial holders. However, these banks,