Mobile Infrastructure (BEEP) extends credit maturity in related party deal

Rhea-AI Filing Summary

Mobile Infrastructure Corporation entered into a First Amendment to its existing Credit Agreement on September 5, 2025 with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd. The amendment extends the credit facility’s maturity date from September 11, 2025 to December 31, 2025, giving the company additional time before the debt becomes due.

The counterparties to the Credit Agreement are affiliated with Mr. Jeffrey Osher, co-chair of the company’s board of directors, through No Street Capital LLC, which serves as their investment manager. Because of this affiliation, the amended credit arrangement is treated as a related party transaction under Item 404 of Regulation S-K.

Insights

Credit & governance analyst

Maturity extension aids near-term flexibility but involves a related party.

The company has amended its Credit Agreement to extend the maturity date from September 11, 2025 to December 31, 2025. This pushes out the timing of repayment, which can ease short-term liquidity pressure and provide more time to manage refinancing or other capital plans, though the filing does not detail the facility size or any revised pricing terms.

The lenders, Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd., are managed by No Street Capital LLC, whose managing member is board co-chair Jeffrey Osher. That connection makes the amendment a related party transaction under Item 404 of Regulation S-K, highlighting the importance of board oversight and process. Future company filings may provide additional detail on any further changes to this facility or its eventual refinancing.

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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 5, 2025

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 5, 2025, Mobile Infrastructure Corporation (the “Company”) entered into a First Amendment to Credit Agreement (the “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, the “Credit Agreement”), to extend the maturity date of the Credit Agreement from September 11, 2025 to December 31, 2025.

Mr. Jeffrey Osher, co-chair of the Company’s board of directors, 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 Amendment is not intended to be complete and is qualified in its entirety by reference to the Amendment attached as Exhibit 10.1 hereto.

Item 2.03 Creation 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 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number		Description
10.1		First Amendment to Credit Agreement, dated September 5, 2025
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 9, 2025	By:	/s/ Stephanie Hogue
	Name:	Stephanie Hogue
	Title:	Chief Executive Officer and President

FAQ

What did Mobile Infrastructure Corporation (BEEP) change in its credit agreement?

Mobile Infrastructure Corporation entered into a First Amendment to its existing Credit Agreement, extending the maturity date from September 11, 2025 to December 31, 2025.

Who are the lenders under Mobile Infrastructure Corporation’s amended Credit Agreement?

The counterparties are Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd., which are investment funds managed by No Street Capital LLC.

Why is this amendment a related party transaction for BEEP?

Jeffrey Osher, co-chair of Mobile Infrastructure Corporation’s board, is the managing member of No Street Capital LLC, the investment manager for the Harvest funds, so the amendment is treated as a related party transaction under Item 404 of Regulation S-K.

How does the credit amendment affect Mobile Infrastructure Corporation’s debt maturity?

The amendment moves the Credit Agreement’s maturity date from September 11, 2025 to December 31, 2025, delaying when the outstanding obligations under that agreement come due.

Where can investors find the full terms of BEEP’s amended Credit Agreement?

The complete First Amendment to the Credit Agreement, dated September 5, 2025, is filed as Exhibit 10.1 to the report.

What SEC form did Mobile Infrastructure Corporation file for this amendment?

Mobile Infrastructure Corporation reported the First Amendment to its Credit Agreement in a Form 8-K under Item 1.01 and incorporated it by reference into Item 2.03.