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Mobivity Holdings ( (MFON) ) has issued an update.
On July 31, 2025, Mobivity Holdings Corp. entered into a convertible promissory note purchase agreement with two investors, raising $3.85 million through the issuance of senior secured convertible promissory notes. The proceeds are intended for general corporate purposes and a proposed reverse stock split. The notes have a maturity date of July 31, 2028, and bear a 15% annual interest rate, with conversion options tied to the company’s stock price. Concurrently, the company announced plans for a 1-for-25,000 reverse stock split, aimed at terminating its public reporting obligations. This move, expected to be voted on in September 2025, could significantly impact stockholders, with an estimated 4.7% of shares being cashed out, costing the company approximately $1.5 million.
Spark’s Take on MFON Stock
According to Spark, TipRanks’ AI Analyst, MFON is a Underperform.
Mobivity Holdings is facing significant financial distress, reflected in its weak income statement, balance sheet, and cash flow. The negative financial health is the primary driver of the low score. Technical indicators also show bearish trends, adding to the concerns. The valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield. Immediate strategic changes are needed for the company to stabilize its financial and operational standing.
To see Spark’s full report on MFON stock, click here.
More about Mobivity Holdings
Average Trading Volume: 9,179
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.73M
See more data about MFON stock on TipRanks’ Stock Analysis page.