Mobivity Holdings Corp. has entered into an agreement to sell certain assets to Mistplay Inc. and Reward Holdings, ULC. Under the terms of the deal, Mobivity will receive $5.3 million in cash, subject to working capital adjustments, with $300,000 of that amount designated for certain Mobivity employees. In addition, Mobivity will receive 6,328,991 Class B Common Shares of Reward Holdings, as well as potential additional equity interests based on future performance. Part of the cash consideration will be placed in escrow to cover post-closing adjustments and indemnification. The transaction is subject to customary closing conditions, including stockholder approval, and is expected to close in the first quarter of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mobivity Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-002779), on January 20, 2026, and is solely responsible for the information contained therein.