Company: MFON
Filing Date: 2025-08-01
Form Type: PRE 14A
Source: 0001140361-25-028385
Chunk: 40

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-08-01
Form: PRE 14A
Chunk 40
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 Split, and for the previous 30, 60, 90 and 180 trading days prior to the Record Date (as can be shown in the tables below).

Furthermore, the Special Committee considered that, with extremely limited liquidity in the public market for our common stock, only a small portion of our stockholders would have been able to attain the historical closing prices before the stock price decreased measurably. The proposed transaction price of $0.29 per pre-split share does not include any discount for the lack of liquidity of our common stock or for the minority status of the shares of our common stock owned by unaffiliated stockholders.

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TABLE OF CONTENTS

In addition, the following table sets forth historical trading volume averages and average closing prices for the associated number of trading days prior to July 30, 2025, the day before the Special Committee approved the Reverse Stock Split:

| Number of Trading Days Average |     | Average 
 Closing 
   Price |     | Average 
   Daily 
  Volume |     |  Volume- 
 Weighted 
  Average 
    Price 
 (“VWAP”) |
| 30                             |     |   $0.28 |     |   2,713 |     |    $0.28 |
| 60                             |     |   $0.28 |     |   3,395 |     |    $0.27 |
| 90                             |     |   $0.30 |     |   4,120 |     |    $0.29 |
| 180                            |     |   $0.30 |     |   3,232 |     |    $0.30 |

From April 29, 2025, through July 30, 2025, inclusive (60 trading days), the average daily trading volume has been 3,395 shares with a VWAP of $0.27. The Cash Payment represents a premium of 6.9% over the VWAP from April 29, 2025 through July 30, 2025, inclusive. From March 21, 2025, through July 30, 2025, inclusive (90 trading days), the VWAP has been 4,120 shares with an average closing price of $0.29. The cash payment of $0.29 per pre-split share to stockholders whose shares will be cashed out is equal to the VWAP from March 21, 202