Certain Preferred stock of Mobiquity Technologies, Inc. are subject to a Lock-Up Agreement Ending on 14-AUG-2023. These Preferred stock will be under lockup for 181 days starting from 14-FEB-2023 to 14-AUG-2023.

Details:
The executive officers and directors, other than Chairman and independent directors, have agreed with the Representative to follow the lock-up restrictions as described below for 180 days following the effective date of the registration statement for this offering. In addition, the Company has agreed that for a period of 180 days after the closing of this offering, company and any of successors will not, without the prior written consent of the representative, which may be withheld or delayed in the representative?s sole discretion: offer, issue, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly; enter into any swap or other arrangement that transfers to another entity, in whole or in part, any of the economic consequences of ownership of any of common stock or such other securities, whether any such transaction described above is to be settled by delivery of shares of capital stock or such other securities, in cash or otherwise; complete any offering of debt securities of the Company, other than entering into a line of credit with a traditional bank; or file with the SEC a registration statement under the Securities Act relating to, any shares of common stock or any securities convertible into or exercisable or exchangeable for common stock.