M&A
confidence high
sentiment positive
materiality 0.70
Mobix Labs closes acquisition of RaGE Systems for ~$12M in stock and cash
MOBIX LABS, INC
- Consideration includes 3,214,045 Class A shares and $2M cash payable over three tranches; up to $8M earn-out.
- RaGE Systems is a leader in radio frequency joint design and manufacturing services.
- Cash payments: $0.2M at closing (May 21, 2024), $1M due Nov 15, 2024, $0.8M due Apr 15, 2025.
- Shares issued under Section 4(a)(2) exemption from registration; earn-out up to $8M based on milestone achievement.