Company: MFON
Filing Date: 2025-06-06
Form Type: 10-Q
Source: 0001641172-25-014006
Chunk: 70

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-06-06
Form: 10-Q
Item: Part I, Item 8
Chunk 70
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 Note is fully paid, and will be
payable in a single installment at maturity three years from the date the Convertible Note was issued.

During the first quarter 2024 the Company
issued 8 Convertible Notes payable to Thomas B. Akin for $1,950,000.
As an inducement we issued 3,249,997
warrants to purchase shares of our common stock at $.60
per share. Simple interest on the unpaid principal balance of this Note will accrue at the rate of 8.0%
per annum. Accrual of interest will commence on the date of The Convertible  Note, will continue until this Note is fully paid, and will be
payable in a single installment at maturity three years from the date the Convertible Note was issued.

During the second quarter of 2024 the Company issued
8 Convertible Notes payable to Thomas B. Akin for $2,100,000. As an inducement we issued 3,499,997 warrants to purchase shares of our
common stock at $.60 per share. Simple interest on the unpaid principal balance of this Note will accrue at the rate of 8.0% per annum.
Accrual of interest will commence on the date of The Convertible Note, will continue until this Note is fully paid, and will be payable in a single
installment at maturity three years from the date the Convertible Note was issued.

During the third quarter of 2024 the Company issued
4 Convertible Notes payable to Thomas B. Akin for $1,275,000. As an inducement we issued 2,124,999 warrants to purchase shares of our
common stock at $.60 per share. Simple interest on the unpaid principal balance of this Note will accrue at the rate of 8.0% per annum.
Accrual of interest will commence on the date of The Convertible Note, will continue until this Note is fully paid, and will be payable in a single
installment at maturity three years from the date the Convertible Note was issued.

During the fourth quarter of 2024 the Company issued
5 Convertible Notes payable to Thomas B. Akin for $1,525,000. As an inducement we issued 2,541,664 warrants to purchase shares of our
common stock at $.60 per share. Simple interest on the unpaid principal balance of this Note will accrue at the rate of 8.0%