<div><div></div><div>Mobix Labs expanded its financing with Leviston Resources by amending its senior secured convertible note to $4 million on May 13, 2026 and establishing an Investor Rights Agreement that allows up to $4 million in additional notes over seven months. Subsequently, between May 12 and May 18, 2026, Leviston converted all outstanding principal and accrued interest into 2,500,000 shares of Class A Common Stock, and Mobix Labs terminated the note, the Securities Purchase Agreement, and the Registration Rights Agreement without exit fees. The actions bolster liquidity while preserving flexibility for potential follow-on funding.Agreement 1: Mobix Labs Expands Convertible Note With Leviston to $4 Million via First Amendment<ul><li>Agreement type: First Amendment increasing senior secured convertible promissory note</li><li>Counterparty: Leviston Resources</li><li>Signed / Effective: May 13 2026 / same</li><li>Duration / Termination: At will</li><li>Reason: Increase liquidity and raise additional capital</li></ul>Agreement 2: Mobix Labs Grants Leviston Option for Up to $4 Million in Additional Notes<ul><li>Agreement type: Investor Rights Agreement for additional secured convertible notes</li><li>Counterparty: Leviston Resources</li><li>Signed / Effective: May 13 2026 / same</li><li>Duration / Termination: Seven months</li><li>Reason: Provide potential follow-on funding flexibility</li></ul>Agreement 3: Mobix Labs Fully Converts and Terminates $4 Million Convertible Note With Leviston<ul><li>Agreement terminated: Senior secured convertible promissory note</li><li>Counterparty: Leviston Resources</li><li>Original agreement date: Mar 31 2026</li><li>Termination date: May 18 2026</li><li>Termination type: Early</li><li>Exit fees / payments: None</li><li>Reason: Obligations satisfied through conversion into common stock</li></ul>Agreement 4: Mobix Labs Ends Securities Purchase Agreement With Leviston Following Note Conversion<ul><li>Agreement terminated: Securities Purchase Agreement (as amended)</li><li>Counterparty: Leviston Resources</li><li>Original agreement date: Mar 31 2026</li><li>Termination date: May 18 2026</li><li>Termination type: Early</li><li>Exit fees / payments: None</li><li>Reason: Terminated upon full conversion and satisfaction of note</li></ul>Agreement 5: Mobix Labs Terminates Registration Rights Agreement After Conversion and Resale<ul><li>Agreement terminated: Registration Rights Agreement</li><li>Counterparty: Leviston Resources</li><li>Original agreement date: Mar 31 2026</li><li>Termination date: May 18 2026</li><li>Termination type: Early</li><li>Exit fees / payments: None</li><li>Reason: No longer needed following conversion and resale</li></ul>Original SEC Filing: MOBIX LABS, INC [ MOBX ] - 8-K - May. 19, 2026<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

MOBX

Mobix Labs amended its senior secured convertible note with Leviston Resources to $4 million and established an Investor Rights Agreement for an additional $4 million in notes. Leviston converted the note into 2,500,000 shares of Class A Common Stock, leading to the termination of the note and related agreements without exit fees. These actions enhance liquidity and maintain funding flexibility.

Mobix Labs Lifts Note to $4M, Adds $4M Option; Terminates Note After Share Conversion