MOBIX LABS, INC (MOBX): Entry into a Material Definitive Agreement
MOBIX LABS, INC (MOBX) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-4.1 2 ex4-1.htm EX-4.1 Exhibit 4.1 MOBIX LABS, INC. AMENDED AND RESTATED SENIOR SECURED CONVERTIBLE NOTE Principal Amount: U.S. $2,800,000 Issuance Date: June 22, 2026 Purchase Price: $2,333,333.33 FOR VALUE RECEIVED, Mobix Labs, Inc., a Delaware corporation , its designee or
How this was made
The 30-second read
Why it matters
The disclosed note terms (10% interest, Oct 22, 2026 maturity, secured liens, and VWAP-based conversion with potential principal increase when market price is below conversion price) create a clear dilution/overhang risk profile for MOBX and can affect trading around conversion expectations.
Market read
Convertible financing details are newly disclosed, providing traders concrete inputs for dilution risk, conversion pricing sensitivity, and near-term sentiment.
What to watch
The excerpt doesn’t include the full exchange cap/stockholder approval limitation details or any conversion schedule; those terms can materially change timing and share overhang.
Background
The filing is an SEC Form 8-K reporting entry into a material definitive agreement, including an amended and restated senior secured convertible note issued June 22, 2026.
Ticker impact
Mobix Labs entered an amended and restated senior secured convertible note with $2.8M principal, 10% interest, and conversion at 85% of VWAP.
Likely bearish/volatile around the filing and any subsequent conversion activity; magnitude depends on current share price vs conversion price and any stockholder-approval constraints.
The 8-K discloses a new secured convertible note structure (maturity Oct 22, 2026; 10% coupon; conversion price = min(closing, 85% of lowest 8-day VWAP) plus automatic principal increase when market price is below conversion price). This is typically associated with dilution and potential selling pressure from conversion arbitrage, especially for microcaps.
Market effects
Adds another example of microcap/early-stage convertible financing with VWAP-linked conversion and principal reset features; may reinforce investor caution toward similar capital structures.
None specific beyond US microcap credit/dilution sentiment.
Limited; company-specific financing disclosure.
Counterpoint
If the note’s conversion is constrained by exchange cap/stockholder approval limits (referenced in the excerpt), actual near-term dilution could be slower than typical convertibles, reducing immediate downside.
Key entities
- issuerMOBIX LABS, INC
Subject of the 8-K; borrower under the amended and restated senior secured convertible note.
- lender/holderLeviston Resources, LLC
Holder/purchaser of the convertible note; funds $2.333M purchase price for $2.8M principal.
