Summary by Moomoo AI
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