---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-077957"
form_type: "8-K"
ticker: "BEEP"
cik: "0001847874"
company_name: "Mobile Infrastructure Corp"
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:20:20.613390+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# FWAC amends merger with MIC; board expands to 8, operating partnership converts to LLC

## Summary
- First Amendment provides for conversion of Mobile Infra Operating Partnership from Maryland LP to Delaware LLC before closing.
- Surviving pubco board increased from 7 to 8 directors: 7 from MIC, 1 FWAC nominee (Brad Greiwe).
- HS3 Amended Support Agreement confirms consent to conversion; HS3 holds ~10% of operating partnership units.
- No change to deal value, exchange ratio, or other key financial terms.

## SEC filing metadata
- accession: 0001193125-23-077957
- form_type: 8-K
- ticker: BEEP
- cik: 0001847874
- company_name: Mobile Infrastructure Corp
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1847874/000119312523077957/0001193125-23-077957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1847874/000119312523077957/d483633d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-077957
- JSON: https://secwatch.observer/filing/0001193125-23-077957.json
- Plain text: https://secwatch.observer/filing/0001193125-23-077957.txt

## Key facts
- Material Agreements
  Mobile Infrastructure Corp amended Amended and Restated Support Agreement with Fifth Wall Acquisition Corp. III, HSCP Strategic III, L.P. (effective 2023-03-23).
  - Action: amendment
  - Counterparty: Fifth Wall Acquisition Corp. III, HSCP Strategic III, L.P.
  - Effective: 2023-03-23
  source text: On March 23, 2023, FWAC and HS3 entered into the Amended and Restated Support Agreement (the “HS3 Amended and Restated Support Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847874/000119312523077957/0001193125-23-077957-index.htm
- Material Agreements
  Mobile Infrastructure Corp amended First Amendment to the Agreement and Plan of Merger with Mobile Infrastructure Corporation, Fifth Wall Acquisition Corp. III, Queen Merger Corp. I (effective 2023-03-23).
  - Action: amendment
  - Agreement: merger
  - Counterparty: Mobile Infrastructure Corporation, Fifth Wall Acquisition Corp. III, Queen Merger Corp. I
  - Effective: 2023-03-23
  source text: On March 23, 2023, MIC, FWAC and Merger Sub entered into the First Amendment to the Agreement and Plan of Merger (the “First Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1847874/000119312523077957/0001193125-23-077957-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.