Form 8-K - Current report
23 Mai 2024 - 11:20PM
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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):
May 21, 2024
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) |
|
(IRS Employer
Identification No.) |
15420 Laguna Canyon Road, Suite 100
Irvine, California |
|
92618 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (949) 808-8888
N/A
(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 240.13(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 Global 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 3.02 Unregistered Sales of Equity Securities
On May 21, 2024 (the “Closing
Date”), Mobix Labs, Inc., a Delaware corporation (the “Company”) consummated the previously announced transactions pursuant
to the Business Combination Agreement, dated as of May 8, 2024 (the “Business Combination Agreement”), by and among the Company,
RaGE Systems, Inc, a Delaware corporation (“RaGE Systems”), and Mobix Merger Sub III, LLC, a Delaware limited liability company
to acquire RaGE Systems, a leader in radio frequency joint design and manufacturing services for aggregate consideration of approximately
$12.0 million.
Pursuant to the Business Combination
Agreement, the Company will deliver 3,214,045 shares of Class A common stock, par value $0.00001 per share (“Class A Shares”)
to the RaGE Systems stockholders. In addition, RaGE Systems stockholders will be paid an aggregate cash amount of $2.0 million as
follows: (a) $0.2 million was paid on the Closing Date; (b) $1.0 million will be paid on November 15, 2024 and (c) $0.8 million will be
paid on April 15, 2025. Moreover, subject to achievement of certain milestones, the RaGE Systems stockholders will also be entitled to
receive possible earn-out payments of up to $8.0 million over eight fiscal quarters in a combination of cash and stock.
The Class A Shares will be issued
pursuant to and in accordance with the exemption from registration under the Securities Act of 1933, as amended, provided by Section
4(a)(2) thereof as a transaction by an issuer not involving any public offering.
Item 8.01 Other Events
The information regarding the closing of the transactions
contemplated by the Business Combination Agreement and the issuance of the Class A Shares contemplated thereunder set forth in Item 3.02
of this Current Report on Form 8-K is incorporated into this Item 8.01 by reference.
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.
|
Mobix Labs, Inc. |
|
|
Date: May 23, 2024 |
By: |
/s/ Keyvan Samini |
|
Name: |
Keyvan Samini |
|
Title: |
President and Chief Financial Officer |
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May 21, 2024 |
Document Type |
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Document Period End Date |
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|
Entity File Number |
001-40621
|
Entity Registrant Name |
MOBIX LABS, INC.
|
Entity Central Index Key |
0001855467
|
Entity Tax Identification Number |
98-1591717
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
15420 Laguna Canyon Road
|
Entity Address, Address Line Two |
Suite 100
|
Entity Address, City or Town |
Irvine
|
Entity Address, State or Province |
CA
|
Entity Address, Postal Zip Code |
92618
|
City Area Code |
949
|
Local Phone Number |
808-8888
|
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Entity Emerging Growth Company |
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|
Class A Common Stock, par value $0.00001 per share |
|
Title of 12(b) Security |
Class A Common Stock, par value $0.00001 per share
|
Trading Symbol |
MOBX
|
Security Exchange Name |
NASDAQ
|
Redeemable warrants, each warrant exercisable for one share of Class A Common Stock |
|
Title of 12(b) Security |
Redeemable warrants, each warrant exercisable for one share of Class A Common Stock
|
Trading Symbol |
MOBXW
|
Security Exchange Name |
NASDAQ
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