secwatch.observer — SEC 8-K summary
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Issuer:     MOBIX LABS, INC (MOBX)
CIK:        0001855467
Form:       8-K
Filed at:   2024-03-19T23:59:59+00:00
Accession:  0001213900-24-023741
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mobix Labs enters $100M committed equity facility with B. Riley
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- Up to $100M of Class A common stock can be sold to B. Riley at company's discretion over 36 months.
- Purchase price set at 3% discount to VWAP; threshold price of $0.50 per share applies.
- Commitment fee of $1.5M (1.5% of aggregate commitment) payable to B. Riley.
- Company cites use for growth, M&A, and development of mmWave 5G and C-Band wireless solutions.
- Shares sold will be unregistered, relying on Section 4(a)(2) and Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855467/000121390024023741/0001213900-24-023741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855467/000121390024023741/ea0202079-8k_mobixlabs.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-023741

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