Mobix Labs prices $6 million stock offering
Mobix Labs Inc. (NASDAQ: MOBX) announced the pricing of a public offering of 30 million shares of common stock for aggregate gross proceeds of approximately $6 million, prior to deducting placement agent fees and other offering expenses.
The offering is expected to close on January 7, 2026, subject to customary closing conditions. D. Boral Capital is serving as the sole placement agent for the offering.
The connectivity solutions provider plans to use net proceeds for working capital and general corporate purposes, including accelerating growth initiatives and advancing its merger and acquisition strategy as it expands product capabilities across military, defense, aerospace and connectivity markets.
"This oversubscribed offering is a strong vote of confidence in Mobix Labs and the momentum we're building," said Phil Sansone, chief executive officer. "With this additional capital, we gain greater flexibility to move faster on strategic opportunities—particularly M&A—that can expand our technology portfolio, accelerate our roadmap, and amplify our ability to create long-term value for shareholders."
The information is based on a company press release.
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