Company: MFON
Filing Date: 2025-09-09
Form Type: PRER14A
Source: 0001140361-25-034415
Chunk: 48

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-09-09
Form: PRER14A
Chunk 48
---
 business development and revenue enhancing activities.

Financial Effect of the Reverse Stock Split. Based on information we have received as of July 31, 2025, from our transfer agent, Colonial Stock Transfer Co, Inc., we estimate that the cost of payment to Cashed Out Stockholders, Continuing Stockholders (but only with respect to any post-split fractional shares that would otherwise be held by such Continuing Stockholders), professional fees and other expenses will total approximately $1,500,000. This total amount could be larger or smaller depending on, among other things, the number of fractional shares that will be outstanding after the Reverse Stock Split as a result of purchases, sales and other transfers of our shares of common stock by our stockholders. The consideration to be paid to the Cashed Out Stockholders, Continuing Stockholders (but only with respect to any post-split fractional shares that would otherwise be held by such Continuing Stockholders), and the costs of the Reverse Stock Split will be paid from cash on hand and proceeds obtained from the Offering. See “ Special Factors — Source of Funds and Expenses .” These costs will be offset over time by the cost savings of approximately $1,000,000 per year we expect to realize as a result of the Reverse Stock Split. See “ Special Factors — Purpose of and Reasons for the Reverse Stock Split .”

Conduct of our Business after the Reverse Stock Split. We expect our business and operations following the Reverse Stock Split to continue substantially as they are currently conducted, and except as described in this proxy statement, the Reverse Stock Split is not expected to have any material effect upon the conduct of our business. See “ Conduct of the Company’s Business After the Reverse Stock Split .”

Aggregate Stockholders’ Deficit. Our aggregate stockholders’ deficit will increase from approximately $19,239,007 as of July 31, 2025 to approximately $21,498,789 on a pro forma basis (after giving effect to payment of Reverse Stock Split costs in the amount of $1,500,000, consisting of approximately $1,009,685 for the cash out of the shares of Cashed Out Stockholders, and approximately $450,000 representing the remaining amount of unpaid other Reverse Stock Split costs that have not been included in our historical financial statements. No Reverse Stock Split costs were paid as of and for the three months ended March 31, 2025.

Book Value Per Share. Our book value per share of our common stock will change from $(0.25) as of July 31,