Financing ·
On June 22, 2026, Mobix Labs, Inc. issued a senior secured convertible promissory note to Leviston Resources, LLC with…
MOBXMobix Labs, Inc
On June 22, 2026, Mobix Labs, Inc. issued a senior secured convertible promissory note to Leviston Resources, LLC with an original principal amount of $2.8 million, providing gross proceeds of approximately $2.3 million. The note carries a 10% annual interest rate and matures on October 18, 2026. Subject to stockholder approval, Leviston may convert principal and interest into Class A Common Stock at a price equal to the lesser of the June 22, 2026 closing price or 85% of the lowest eight-day VWAP prior to and including the conversion notice date. Additionally, the company filed a post-effective amendment to its Form S-1 to deregister 950,000 shares of Class A Common Stock previously registered for resale. Mobix Labs operates in the technology industry, providing software and services for the automotive and mobility sectors.