Mobix Labs, Inc. Announces Exercise of Warrants for $4.5 Million Gross Proceeds
1. Mobix Labs agreed to immediate warrant exercise, offering 5.5 million shares. 2. Proceeds from warrant exercise estimated at $4.5 million. 3. New warrants will allow purchase of 8.2 million shares at $1.08. 4. Funds will be used for working capital and corporate purposes. 5. Transaction expected to close on September 4, 2025.