IRVINE, Calif., Sept. 26, 2025 (GLOBE NEWSWIRE) -- Mobix Labs, Inc. (Nasdaq: MOBX), a fabless semiconductor company developing next-generation connectivity solutions for defense, aerospace, and high-reliability markets, today announced that it has once again received the prestigious Gold Tier Supplier Award from BAE Systems’ Partner 2 Win program. This marks the second consecutive year that Mobix Labs has been recognized as a top-performing supplier to BAE Systems’ Electronic Systems sector. BAE Systems’ Pa ...

Core Viewpoint - Mobix Labs, Inc. has entered into an agreement for the immediate exercise of existing warrants, allowing the purchase of up to 5,486,467 shares of Class A common stock at an exercise price of $0.8202 per share, expected to generate approximately $4.5 million in gross proceeds [1][3]. Group 1: Transaction Details - The transaction involves the immediate exercise of existing warrants for cash, with new unregistered warrants to be issued for up to 8,229,701 shares at an exercise price of $1.08 per share, subject to stockholder approval [2]. - The expected closing date for the transaction is around September 4, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [3]. Group 3: Company Overview - Mobix Labs is a fabless semiconductor company based in Irvine, California, specializing in advanced connectivity solutions for various high-reliability markets, including aerospace, defense, and medical applications [6].