Mobix Labs, Inc. is actively negotiating a potential acquisition of Vision Aerial, Inc., which has reported increasing revenue and backlog. The company also expects to file a Form S-1 registration statement to register the resale of approximately 3,300,000 shares for Kips Bay Select LP and 1,239,613 shares for five other stockholders. Additionally, the company has settled two lawsuits and satisfied approximately $3.74 million in debt liabilities. Mobix Labs, Inc. operates in the technology and aerial solutions industry.
