Recent Updates — MOBXW

Mobix Labs reported that fiscal fourth quarter 2026 revenue is expected to reach the high end of its $1.4 million to $1.8 million guidance range, representing over 100% year-over-year growth. The company also provided an update on its proposed acquisition of Special Project Delivery (SPD), which has agreed to acquire Winner Water Services, a rare earth extraction firm with $53 million in Department of Defense and Energy awards. SPD is building a fully funded $25 million demonstration plant in Alabama, with operations anticipated no later than the first quarter of 2028. Mobix Labs CEO Phil Sansone stated that the combined entity could achieve a $30 million to $50 million annual revenue run rate within a year. The transactions remain subject to stockholder approvals and other closing conditions. Mobix Labs operates in national security technology, wireless systems, and critical minerals.

Mobix Labs stockholders approved four proposals at a Special Meeting held on October 2, 2026. Key approvals include the Reverse Split Amendment Proposal, which authorizes a change in the company's capital structure, as well as amendments to the 2023 Equity Incentive Plan and issuances of securities to Kips and Leviston. The reverse split amendment received 7,680,758 votes for against 1,719,286 against. These actions are part of a broader restructuring effort involving equity incentives and capital raises from specific investors. Mobix Labs operates in the technology sector, focusing on digital health solutions.