Company: MFON
Filing Date: 2025-09-09
Form Type: PRER14A
Source: 0001140361-25-034415
Chunk: 58

Company: MOBIVITY HOLDINGS CORP.
Filing Date: 2025-09-09
Form: PRER14A
Chunk 58
---
 Income Tax Consequences to Stockholders Who Receive Cash in the Reverse Stock Split and Who Will Own, or Will Be Considered under the Code to Own, Shares of Common Stock After the Reverse Stock Split. When determining whether you are considered to continue to hold shares of our common stock, for United States federal income tax purposes, immediately after the Reverse Stock Split, you will be treated as owning shares actually or constructively owned by you and certain family members and entities in which you, or a member of your family, have an interest (such as trusts and estates of which you are beneficiary and corporations and partnerships of which you are an owner, and shares you have an option to acquire). Accordingly, in some instances the shares of common stock you own in another capacity, or which are attributed to you, may remain outstanding. If you receive cash as a result of the Reverse Stock Split, but you own, or are treated as continuing to own shares of common stock through attribution as described above, or if you are a Continuing Shareholder who receives cash for fractional shares (but who does not own, or treated as continuing to own shares of common stock through attribution as described above), you will generally recognize capital gain for United States federal income tax purposes as described in “— United States Federal Income Tax Consequences to Stockholders Who Receive Cash in the Reverse Stock Split and Who Will Not Own, or Will Not Be Considered under the Code to Own, Shares of Common Stock After the Reverse Stock Split,” provided that the receipt of cash either is “not essentially equivalent to a dividend,” or the Reverse Stock Split constitutes a “substantially disproportionate redemption of stock,” with respect to you, as described below. The receipt of cash is “not essentially equivalent to a dividend” if the reduction in your proportionate interest in us resulting from the Reverse Stock Split (taking into account for this purpose shares of common stock which you are considered to own under the attribution rules described above) is considered a “meaningful reduction” given your particular facts and circumstances. The receipt of cash in the Reverse Stock Split will be a “substantially disproportionate redemption of stock” if (a) you own less than 50% of the total combined voting power of all classes of stock entitled to vote, and (b) the percentage of our voting stock owned by you immediately after the Reverse Stock Split is less than 80% of the percentage of shares of voting stock owned by you immediately before the Reverse Stock Split. For purposes of these percentage ownership tests, you are considered to own common