Mobiquity Technologies, Inc., a company incorporated in New York and previously known as Ace Marketing & Promotions Inc., has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice for an equity offering. The filing, dated May 31, 2024, reports that the first sale has yet to occur, with the date of first sale expected to be May 16, 2024. The offering aims to raise $1,000,000, with $602,000 already sold and $398,000 remaining. The company has declined to disclose its revenue range or aggregate net asset value. Mobiquity Technologies has claimed an exemption under Rule 506(b) and has not paid any sales commissions or finder's fees. The proceeds from the offering, estimated at $300,000, are proposed to be used for payments...Show More

Mobiquity Technologies, Inc., a company incorporated in New York and previously known as Ace Marketing & Promotions Inc., has filed a Form D Notice of Exempt Offering of Securities with the SEC, indicating a new notice for an equity offering. The filing, dated May 31, 2024, reports that the first sale has yet to occur, with the date of first sale expected to be May 16, 2024. The offering aims to raise $1,000,000, with $602,000 already sold and $398,000 remaining. The company has declined to disclose its revenue range or aggregate net asset value. Mobiquity Technologies has claimed an exemption under Rule 506(b) and has not paid any sales commissions or finder's fees. The proceeds from the offering, estimated at $300,000, are proposed to be used for payments to executive officers, directors, or promoters. The filing includes the names and roles of related persons, including Dean L. Julia, Sean McDonnell, Sean Trepeta, Paul Bauersfeld, Gene Salkind, Deepanker Katyal, Nate Knight, Anne S. Provost, and Byron Booker, all of whom hold executive and/or director roles within the company. Mobiquity Technologies operates within the 'Other Technology' sector as per the industry group classification.