secwatch.observer — SEC 8-K summary
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Issuer:     MOBIX LABS, INC (MOBX)
CIK:        0001855467
Form:       8-K
Filed at:   2023-06-27T23:59:59+00:00
Accession:  0001104659-23-075247
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chavant Capital issues $500K promissory note to sponsor for extension and working capital
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- Up to $500K unsecured note issued to sponsor Chavant Capital Partners LLC, bearing 10% annual interest.
- Funds support working capital and deposit into trust to extend business combination deadline to Jan 22, 2024.
- Note matures on earlier of business combination closing or one year from June 22, 2023.
- Loan from entity affiliated with existing sponsor investor; repayment from trust only if deal closes.
- Proposed business combination with Mobix Labs remains pending; shareholders to vote on extension.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855467/000110465923075247/0001104659-23-075247-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855467/000110465923075247/tm2319746d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-075247

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