Mobix Labs Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Requirement

Core Viewpoint - Mobix Labs, Inc. has received a 180-calendar-day extension from Nasdaq to regain compliance with the minimum bid price requirement, allowing the company until April 27, 2026, to maintain a closing bid price of at least $1.00 per share for ten consecutive business days [1][3][4] Summary by Sections Compliance Status - The company was first notified of non-compliance with the minimum bid price requirement on April 17, 2025, and was initially given until October 14, 2025, to regain compliance [2] - During the Initial Compliance Period, the company's Class A Common Stock achieved a closing bid price of at least $1.00 for ten consecutive trading days starting September 11, 2025 [2] Extension Details - Nasdaq has extended the compliance period, allowing the company until April 27, 2026, to meet the requirement [3] - If the stock closes at or above $1.00 for ten consecutive business days during this extension, Nasdaq will confirm compliance and close the matter [4] Potential Consequences - If the company fails to meet the minimum bid price requirement during the extension, it may face delisting, but it has the option to appeal the decision to a Nasdaq Hearings Panel [5] - The company remains committed to regaining compliance and will monitor its share price closely [6]