Mobix labs, inc. announces exercise of warrants for $4.5 million gross proceeds

Irvine, calif., sept. 03, 2025 (globe newswire) -- mobix labs, inc. (nasdaq: mobx), a fabless semiconductor company delivering advanced connectivity solutions for wired and wireless 5g, defense, aerospace, and medical applications today announced it has entered into an agreement with a holder of its existing warrants for the immediate exercise of certain of its warrants to purchase up to an aggregate of 5,486,467 shares of class a common stock (“common stock”) of the company at the current exercise price of $0.8202 per share. the shares of common stock issuable upon exercise of the existing warrants are registered for resale pursuant to an effective registration statement on form s-1 (file no. 333-287493). the aggregate gross proceeds from the exercise of the existing warrants is expected to total approximately $4.5 million, before deducting financial advisory fees.
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