-+ 0.00%
-+ 0.00%
-+ 0.00%

Mobix Labs Extinguishes $4M Convertible Note With Leviston Resources; Enters Rights Agreement For Up To $4M Additional Convertible Debt Purchase

Benzinga·05/19/2026 13:43:25
Listen to the news

Mobix Labs, Inc. (NASDAQ:MOBX) today announced that it has fully extinguished its $4 million convertible note with Leviston Resources, LLC. All shares issued upon conversion have been registered and resold by Leviston pursuant to the Company's effective Registration Statement on Form S-1.

The Company also entered into an Investor Rights Agreement granting Leviston the right, but not the obligation, to acquire up to $4 million in additional convertible notes over a seven-month period on substantially similar terms.

Additional information is available in the Company's Current Report on Form 8-K filed today with the Securities and Exchange Commission.