Mobix Labs Cancels Potential Share Issuance — Approximately 900,000 Shares Being Deregistered
Mobix Labs Cancels Potential Share Issuance — Approximately 900,000 Shares Being Deregistered
IRVINE, Calif.--(BUSINESS WIRE)--Mobix Labs, Inc. (Nasdaq: MOBX) today announced that it has terminated its equity line of credit offering and is filing a post-effective amendment to deregister approximately 900,000 shares previously registered for potential sale.
The shares were never issued — and will not be issued under the terminated equity line of credit.
Mobix Labs believes this decisive action removes a potential source of future dilution, simplifies its capital markets profile, and reflects its continued focus on disciplined capital management and long-term stockholder value.
Forward-Looking Statements: This release contains forward-looking statements subject to risks and uncertainties described in Mobix Labs’ filings with the U.S. Securities and Exchange Commission. Actual results may differ materially. Mobix Labs undertakes no obligation to update except as required by law.
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Contacts
Mobix Labs Investor Relations Contacts
Chris Eddy or David Collins
Catalyst IR
mobx@catalyst-ir.com or 212-924-9800
