other_material
confidence high
sentiment neutral
materiality 0.50
Mobix Labs raises $2.15M through note, loan and equity sale; issues shares and warrants
MOBIX LABS, INC
- Issued $550k secured note to Lendspark with 150k commitment shares; convertible at $0.70/share upon default.
- Borrowed $600k from Maxim under secured loan; issued 93,750 commitment shares and pledged 1.5M shares as collateral.
- Sold 1,052,725 shares at $0.95/share to accredited investor for ~$1.0M; issued warrant for 500,045 shares at $0.96.
- All securities issued exempt under Section 4(a)(2) and Rule 506(b).
item 3.02