Mobix Labs, Inc. (NASDAQ:MOBX) today announced that it has fully extinguished its $4 million convertible note with Leviston Resources, LLC. All shares issued upon conversion have been registered and resold by Leviston pursuant to the Company's effective Registration Statement on Form S-1.

The Company also entered into an Investor Rights Agreement granting Leviston the right, but not the obligation, to acquire up to $4 million in additional convertible notes over a seven-month period on substantially similar terms.

Additional information is available in the Company's Current Report on Form 8-K filed today with the Securities and Exchange Commission.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.