Mobix Labs (MOBX) Announces 4.88M Share Offering at $0.82/sh
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Mobix Labs Announces $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
April 4, 2025 9:03 AM EDTIRVINE, Calif.--(BUSINESS WIRE)-- Mobix Labs, Inc. (Nasdaq: MOBX, Mobix Labs or the Company), a leading provider of advanced connectivity solutions, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of an aggregate of 4,876,860 shares of the Companys Class A common stock (the common stock) (or common stock equivalents in lieu thereof) at a purchase price of $0.8202 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering priced at-the-market under Nasdaq rules. In addition, in a concurrent private placement, the Company will issue... More
