Mobix Labs (MOBX) Announces 2.88M Share Offering at $1.39/sh

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Mobix Labs Announces $4 Million Private Placement Priced At-the-Market Under Nasdaq Rules

July 23, 2024 8:00 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Mobix Labs Inc. (Nasdaq: MOBX), a leader in advanced connectivity solutions, today announced that it has entered into definitive agreements for the issuance and sale of an aggregate of 2,877,698 shares of its Class A common stock (or Class A common stock equivalents in lieu thereof), series A warrants to purchase up to 2,877,698 shares of Class A common stock and short-term series B warrants to purchase up to 2,877,698 shares of Class A common stock at a purchase price of $1.39 per share (or per Class A common stock equivalent in... More