(NASDAQ:MOBX) IRVINE, Calif., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (NASDAQ: MOBX), a fabless semiconductor company delivering advanced connectivity solutions for wired and wireless 5G, defense, aerospace, and medical applications today announced it has entered into an agreement with a holder of its existing warrants for the immediate exercise of certain of its warrants to purchase up to an aggregate of 5,486,467 shares of Class A common stock (“common stock”) of the Company at the current exercise price of $0.8202 per share. The shares of common stock issuable upon exercise of the existing warrants are registered for resale pursuant to an effective registration statement on Form S-1 (File No. 333-287493). The aggregate gross proceeds from the exercise of the existing warrants is expected to total approximately $4.5 million, before deducting financial advisory fees.
Related Questions
How will the $4.5 million warrant exercise affect MOBX’s cash position and runway?
What dilution will result from issuing 5,486,467 shares at $0.8202 per share, and how might it impact EPS and the stock price?
Are there any covenants, lock‑up periods, or other restrictions attached to the exercised warrants that could influence future financing or operational flexibility?