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Mobile Infrastructure extends credit deadline to Dec. 31

The credit agreement's maturity is December 31, 2026, and preferred dividend eligibility uses separate September record dates.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mobile Infrastructure Corporation (BEEP) amended its credit agreement with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd., extending its maturity from September 30, 2026, to December 31, 2026. The amendment is a related party transaction: Jeffrey Osher, the Company’s co-chair, is managing member of No Street Capital LLC, the investment manager of the two lenders.

The Company declared monthly dividends of $4.791 per share on Series A Preferred Stock and $4.583 per share on Series 1 Preferred Stock, payable on or about October 12, 2026. The respective record dates are September 27, 2026, and September 24, 2026. Future dividends remain subject to the Board’s discretion and the Company’s financial condition, applicable law and other considerations it deems relevant.

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Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Credit agreement maturity December 31, 2026 Extended from September 30, 2026
Series A Preferred Stock dividend $4.791 per share Monthly dividend payable on or about October 12, 2026
Series 1 Preferred Stock dividend $4.583 per share Monthly dividend payable on or about October 12, 2026
Series A dividend record date September 27, 2026 Holders of record are eligible for the declared dividend
Series 1 dividend record date September 24, 2026 Holders of record are eligible for the declared dividend
Credit Agreement financial
"to extend the maturity date of the Credit Agreement"
A credit agreement is a written loan contract between a borrower and a bank or other lender that lays out how much money can be borrowed, the interest rate, repayment schedule, fees, and the rules the borrower must follow. For investors, it matters because those terms affect a company’s cash costs, borrowing flexibility and risk of default — similar to how a mortgage’s rules determine a homeowner’s monthly budget and freedom to make changes.
holders of record financial
"respective holders of record of the Series A Preferred Stock"
Names listed on a company’s official register at a specific cut-off date who are legally entitled to receive dividends, vote on corporate matters, or participate in other shareholder actions. Think of it like a guest list for an event: only those on the list at the snapshot time get the invitation or benefits, so investors watch the record date to know whether they will receive payouts or voting rights for a given corporate action.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When does BEEP's amended credit agreement mature?

The amended credit agreement matures on December 31, 2026, extended from September 30, 2026. The amendment was entered into with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd.

What preferred dividends did BEEP declare, and who qualifies?

BEEP declared monthly dividends of $4.791 per Series A Preferred Stock share and $4.583 per Series 1 Preferred Stock share, payable on or about October 12, 2026. Holders of record on September 27, 2026, for Series A and September 24, 2026, for Series 1 are eligible.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 22, 2026

 

MOBILE INFRASTRUCTURE CORPORATION

(Exact name of registrant as specified in its charter)

 

Maryland   001-40415   32-0777356
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

30 W. 4th Street

Cincinnati, Ohio

  45202
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (513) 834-5110

 

Not applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.0001 par value per share   BEEP   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 1.01

Entry into a Material Definitive Agreement.

 

On September 22, 2026, Mobile Infrastructure Corporation (the “Company”) entered into a Fifth Amendment to Credit Agreement (the “Fifth Amendment”) with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd., which amends the terms of that certain Credit Agreement, dated as of September 11, 2024, as amended by that certain First Amendment to Credit Agreement, dated as of September 5, 2025, that certain Second Amendment to Credit Agreement, dated as of December 22, 2025, that certain Third Amendment to Credit Agreement, dated as of March 24, 2026 and that certain Fourth Amendment to Credit Agreement, dated as of June 29, 2026 (as amended, the “Credit Agreement”), to extend the maturity date of the Credit Agreement from September 30, 2026 to December 31, 2026.

 

Mr. Jeffrey Osher, co-chair of the Company’s board of directors (the “Board”), is the managing member of No Street Capital LLC, which serves as the investment manager of Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd. Accordingly, the Amendment constitutes a related party transaction for the Company pursuant to Item 404 of Regulation S-K.

 

The foregoing description of the Fifth Amendment is not intended to be complete and is qualified in its entirety by reference to the Fifth Amendment attached as Exhibit 10.1 hereto.

 

Item 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement

 

The information contained in the disclosure set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.

 

Item 8.01Other Events.

 

Payment of Preferred Stock Dividends

 

On September 22, 2026, the Board authorized and the Company declared the payment of monthly dividends on (i) the shares of Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), of the Company, which will be paid at a rate of $4.791 per share on or about October 12, 2026 (the “Payment Date”) and (ii) the shares of Series 1 Preferred Stock, par value $0.0001 per share (the “Series 1 Preferred Stock”), of the Company, which will be paid at a rate of $4.583 per share on or about the Payment Date (collectively, the “September Dividend”). The September Dividend will be payable to the respective holders of record of the Series A Preferred Stock and the Series 1 Preferred Stock as of the close of business on September 27, 2026 and September 24, 2026, respectively.

 

The declaration and payment of future dividends is subject to the Board’s discretion and will be determined by the Board based on the Company’s financial condition, applicable law and such other considerations as the Board deems relevant.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit

Number

  Description
     
10.1   Fifth Amendment to Credit Agreement dated September 22, 2026
     
104   Cover Page Interactive Data file (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  MOBILE INFRASTRUCTURE CORPORATION
     
Date: September 23, 2026 By: /s/ Stephanie Hogue
  Name: Stephanie Hogue
  Title: President and Chief Executive Officer

 

 

 

Filing Exhibits & Attachments

4 documents

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