STOCK TITAN

Mobix Labs (MOBX) 1-for-10 reverse split also adjusts warrant terms

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Mobix Labs, Inc. implemented a one-for-ten reverse stock split of its Class A and Class B Common Stock, effective at 4:00 p.m. Eastern Time on April 6, 2026. Every 10 shares of common stock were converted into 1 share, with cash paid instead of issuing fractional shares.

The reverse split leaves each stockholder’s percentage ownership essentially unchanged and does not affect the par value or authorized share count. The company is proportionately adjusting shares available under its equity incentive plan and outstanding options and warrants, and each warrant now covers one-tenth of a share at an exercise price of $57.90.

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Insights

Mobix Labs executes a 1-for-10 reverse split and aligns equity-linked instruments without changing ownership percentages.

Mobix Labs has effected a one-for-ten reverse stock split of all outstanding Class A and B common shares. This consolidates the share count so that every 10 existing shares now represent 1 share, while leaving overall ownership percentages for investors essentially the same.

The company will proportionately adjust its equity incentive plan, as well as outstanding stock options and warrants, so that economic terms remain consistent on a per-holder basis. Public and private placement warrants now each represent one-tenth of a share at an exercise price of $57.90 per share, reflecting the new share structure.

The filing describes this as a charter amendment effective on April 6, 2026. Actual market impact depends on how investors respond to the new share price level and consolidated capital structure, which will be observable in subsequent trading and future company disclosures.

Item 3.03 Material Modification to Rights of Security Holders Securities
A change was made that materially affects the rights of existing shareholders (e.g., dividend rights, voting rights).
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Reverse split ratio 1-for-10 Effective at 4:00 p.m. Eastern Time on April 6, 2026
Public warrants pre-split share target 600,000 shares Public warrants to purchase Class A Common Stock before split adjustment
Private placement warrants pre-split share target 340,000 shares Private placement warrants to purchase common stock before split adjustment
Warrant exercise price after split $57.90 per share Exercise price for each Public and Private Placement Warrant post-split
New CUSIP number 60743G209 CUSIP for Mobix Labs Common Stock after reverse stock split
Reverse Stock Split financial
"implemented a one-for-ten (1:10) reverse stock split (the “Reverse Stock Split”)"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
equity incentive plan financial
"The Reverse Stock Split will also proportionately adjust the number of shares available under the Company’s equity incentive plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
warrants financial
"Redeemable warrants, each warrant exercisable for one share of Class A Common Stock"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
par value financial
"Class A Common Stock and Class B Common Stock, each with a par value $0.00001 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
CUSIP number financial
"In connection with the Reverse Stock Split, the CUSIP number for the Common Stock changed to 60743G209."
A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.
false --09-30 0001855467 0001855467 2026-04-06 2026-04-06 0001855467 MOBX:ClassCommonStockParValue0.00001PerShareMember 2026-04-06 2026-04-06 0001855467 MOBX:RedeemableWarrantsEachWarrantExercisableForOneShareOfClassCommonStockMember 2026-04-06 2026-04-06 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): April 6, 2026

 

 

 

MOBIX LABS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-40621   98-1591717
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

 

1 Venture, Suite 220, Irvine, California   92618
(Address of principal executive offices)   (Zip Code)

 

(949) 808-8888

(Registrant’s telephone number, including area code)

 

N/A

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

 

 

 

Check the appropriate box below if the Form 8-K 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
Class A Common Stock, par value $0.00001 per share   MOBX   Nasdaq Capital Market
Redeemable warrants, each warrant exercisable for one share of Class A Common Stock   MOBXW   Nasdaq Capital Market

 

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 3.03 Material Modification to Rights of Security Holders.

 

On April 2, 2026, Mobix Labs, Inc. (the “Company”) filed a Certificate of Amendment to the Company’s Amended and Restated Certificate of Incorporation, as amended, with the Secretary of State of the State of Delaware (the “Certificate of Amendment”), which became effective at 4:00 p.m. Eastern Time on April 6, 2026, and implemented a one-for-ten (1:10) reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of Class A Common Stock and Class B Common Stock, each with a par value $0.00001 per share (together, the “Common Stock”). In connection with the Reverse Stock Split, the CUSIP number for the Common Stock changed to 60743G209. The trading symbol for the Common Stock remains “MOBX”.

 

As a result of the Reverse Stock Split, every ten (10) shares of Common Stock issued and outstanding were converted into one (1) share of Common Stock. No fractional shares will be issued in connection with the Reverse Stock Split. Cash will be paid in lieu of fractional shares for any fractional shares of Common Stock resulting from the Reverse Stock Split. The Reverse Stock Split affects all stockholders uniformly and does not alter any stockholder’s percentage ownership interest in the Company, except for adjustments related to fractional shares. The Reverse Stock Split will also proportionately adjust the number of shares available under the Company’s equity incentive plan and the exercise price and number of shares underlying stock options and warrants outstanding on the day the Reverse Stock Split was effective, in each case in accordance with their terms. The Reverse Stock Split did not change the par value of the Common Stock or the authorized number of shares of Common Stock.

 

Additionally, the Company has instructed Continental Stock Transfer and Trust Company (“Continental”) to send a notice to the holders of the Company’s outstanding: (i) public warrants to purchase up to 600,000 shares of Class A Common Stock; and (ii) private placement warrants to purchase up to 340.000 shares of common stock (the “Private Placement Warrants”), in each case, pursuant to that certain Warrant Agreement between Chavant Capital Acquisition Corporation and Continental, as warrant agent, dated December 21, 2023, informing the holders that, as a result of the Reverse Stock Split, each Public Warrant and Private Placement Warrant will become exercisable for 1/10th of a share of common stock at an exercise price of $57.90 per share.

 

The foregoing description of the Certificate of Amendment is a summary of the material terms thereof, does not purport to be complete and is qualified in its entirety by reference to the full text of the Certificate of Amendment, which is filed with this Current Report on Form 8-K as Exhibit 3.1 and is incorporated herein by reference.

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

The information set forth in Item 3.03 is hereby incorporated by reference into this Item 5.03.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
     
3.1   Certificate of Amendment of Amended and Restated Certificate of Incorporation of Mobix Labs, Inc.
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

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.

 

  MOBIX LABS, INC.
     
  By:

/s/ Keyvan Samini

  Name: Keyvan Samini
  Title: President and Chief Financial Officer

 

Date: April 9, 2026

 

 

 

FAQ

What did Mobix Labs (MOBX) change with its April 2026 reverse stock split?

Mobix Labs implemented a one-for-ten reverse stock split of its Class A and Class B Common Stock. Every 10 shares became 1 share, effective April 6, 2026, mainly consolidating the share count while keeping each investor’s ownership percentage essentially the same, aside from fractional share adjustments.

How does the Mobix Labs 1-for-10 reverse stock split affect existing MOBX shareholders?

Each Mobix Labs stockholder now holds one share for every ten previously owned. Percentage ownership remains largely unchanged; however, no fractional shares are issued. Instead, holders receive cash in lieu of any fractional share resulting from the reverse stock split, slightly adjusting very small positions.

Did Mobix Labs change its authorized shares or par value in this reverse split?

The reverse stock split did not change the par value or the authorized number of shares of Mobix Labs’ Common Stock. Only the number of issued and outstanding shares was reduced on a one-for-ten basis, leaving the company’s overall authorized capital structure parameters formally unchanged.

How were Mobix Labs warrants affected by the reverse stock split?

Public and private placement warrants of Mobix Labs were proportionately adjusted. Each warrant is now exercisable for one-tenth of a share of common stock at an exercise price of $57.90 per share, preserving the warrants’ economic value relative to the company’s new, post-split share count and price structure.

What happens to Mobix Labs equity incentive plan and stock options after the reverse split?

The number of shares available under Mobix Labs’ equity incentive plan, and the exercise price and share amounts for outstanding stock options and warrants, will be proportionately adjusted. These changes keep the overall economic value of awards consistent with the one-for-ten reverse stock split implemented on April 6, 2026.

Did Mobix Labs change its trading symbol or CUSIP with the reverse split?

Mobix Labs kept its trading symbol “MOBX” on the Nasdaq Capital Market after the reverse split. However, the CUSIP number for its common stock changed to 60743G209, reflecting the new share structure while maintaining continuous trading under the same stock market ticker symbol.

Filing Exhibits & Attachments

5 documents