Company: MFON
Filing Date: 2025-09-09
Form Type: PRER14A
Source: 0001140361-25-034415
Chunk: 18

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-09-09
Form: PRER14A
Chunk 18
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 stockholders and answers to each of those questions. Where and when is the Special Meeting? The Special Meeting will be held at on , 2025 at local time. What am I being asked to vote on at the Special Meeting? Our stockholders will consider and vote upon a proposal to approve the Reverse Stock Split. If the proposal is approved, at the effective time of the Reverse Stock Split, each share of common stock held by a stockholder owning immediately prior to the Reverse Stock Split fewer than 25,000 shares in any one account will be automatically converted into the right to receive the Cash Payment for each share owned immediately prior to the Reverse Stock Split, and such stockholders will no longer be stockholders of the Company. For stockholders that hold both restricted and unrestricted shares in one account, such shares will be considered in the aggregate for purposes of determining whether they own fewer than 25,000 shares. Stockholders holding 25,000 or more shares of our common stock immediately before the Reverse Stock Split would receive one share for each 25,000 common shares held, and, as applicable, any resulting (post-split) fractional shares consisting of less than one (1.0) whole share will be cancelled and converted into the right to receive from the Company the Cash Payment for each such share owned before the Reverse Stock Split. To the extent any stockholder owns pre-split shares greater than 25,000 but not evenly divisible by 25,000, then the fractional shares of such stockholder resulting from the proposed Reverse Stock Split would be cashed out at the Cash Payment. The Reverse Stock Split is a “Rule 13e-3 transaction” under the federal securities laws, defined as any transaction or series of transactions (involving a securities purchase, tender offer, or specified proxy solicitation) by an issuer or an affiliate of the issuer, which has a reasonable likelihood or purpose of directly or indirectly (i) causing any registered class of equity securities to be eligible for termination of registration, or eligible for termination or suspension of reporting obligations; or (ii) causing any listed class of equity securities to cease to be listed on a national securities exchange. Our stockholders will also consider and vote upon a proposal to adjourn 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. What is the purpose of the Reverse Stock Split? The primary purpose of the Reverse Stock Split is to enable the Company to reduce and maintain the