Business Context and Reporting Period
Company: Mobix Labs, Inc. (MOBX)
Filing Type: Form 8-K (Current Report)
Date of Report: April 6, 2026
Event Date: April 2, 2026 (Filing of Amendment); Effective April 6, 2026
Context: The Company, an emerging growth company incorporated in Delaware, reported the implementation of a one-for-ten (1:10) reverse stock split of its Class A and Class B Common Stock.
Key Financial Metrics
This filing is a current report regarding a corporate action and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for these metrics.
Material Changes
- Reverse Stock Split: A 1:10 reverse stock split was implemented effective April 6, 2026. Every ten (10) shares of Common Stock were converted into one (1) share.
- Fractional Shares: No fractional shares were issued; cash was paid in lieu of fractional shares.
- Ownership Interest: The split affects all stockholders uniformly and does not alter percentage ownership interests, except for adjustments related to fractional shares.
- Equity Incentives: The number of shares available under the equity incentive plan, as well as the exercise price and number of shares underlying outstanding stock options and warrants, were proportionately adjusted.
- Warrant Adjustments:
- Public Warrants: 600,000 outstanding warrants are now exercisable for 1/10th of a share of common stock.
- Private Placement Warrants: 340,000 outstanding warrants are now exercisable for 1/10th of a share of common stock.
- Exercise Price: The exercise price for both Public and Private Placement Warrants is now $57.90 per share.
- Identifiers: The CUSIP number for the Common Stock changed to 60743G209. The trading symbol remains "MOBX".
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, or outlook. It notes that the description of the Certificate of Amendment is a summary and is qualified by reference to the full text filed as Exhibit 3.1. No specific risks or contingencies beyond the standard corporate action details were disclosed in this text.
Investor Verification Checklist
- Verify the new CUSIP number (60743G209) for trading and settlement purposes.
- Confirm the adjusted exercise price ($57.90) and share quantity (1/10th share) for any held Public or Private Placement Warrants.
- Review the impact of the reverse split on outstanding stock options and equity incentive plan shares.
- Check for cash payments received in lieu of fractional shares if applicable.
- Confirm that the trading symbol remains "MOBX" on the Nasdaq Capital Market.