Company: MFON
Filing Date: 2025-04-07
Form Type: 10-K
Source: 0001641172-25-002942
Chunk: 239

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-04-07
Form: 10-K
Item: Item 1A
Chunk 239
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 reasonable. The lack of an active market may also reduce the fair market value of your shares. An inactive market may
also impair our ability to raise capital by selling shares of capital stock and may impair our ability to acquire other companies or
technologies by using common stock as consideration.

The
market price of our common stock may be, and is likely to continue to be, highly volatile and subject to wide fluctuations. The
market price of our common stock is likely to be highly volatile and could be subject to wide fluctuations in response to a number of
factors some of which are beyond our control, including:

    ●
    dilution
    caused by our issuance of additional shares of common stock and other forms of equity securities, which we expect to make in connection
    with future acquisitions or capital financings to fund our operations and growth, to attract and retain valuable personnel and in
    connection with future strategic partnerships with other companies;

    ●
    announcements
    of new acquisitions or other business initiatives by our competitors;

    ●
    our
    ability to take advantage of new acquisitions or other business initiatives;

    ●
    quarterly
    variations in our revenues and operating expenses;

    ●
    changes
    in the valuation of similarly situated companies, both in our industry and in other industries;

    ●
    changes
    in analysts’ estimates affecting us, our competitors and/or our industry;

    ●
    changes
    in the accounting methods used in or otherwise affecting our industry;

    ●
    additions
    and departures of key personnel;

    ●
    announcements
    by relevant governments pertaining to additional quota restrictions; and

    ●
    fluctuations
    in interest rates and the availability of capital in the capital markets.

Some
of these factors are beyond our control, and the impact of these risks, singly or in the aggregate, may result in material adverse changes
to the market price of our common stock and/or our results of operations and financial condition.

We
do not expect to pay dividends in the foreseeable future. We do not intend to declare dividends for the foreseeable future, as
we anticipate that we will reinvest any future earnings in the development and growth of our business. Therefore, investors will not
receive any funds unless they sell their common stock, and stockholders may be unable to sell their shares on favorable terms or at all.
Investors cannot be assured of a positive return on investment or that they will not lose the entire amount of their investment in the