Mobix Labs, Inc. announced that at a Special Meeting of Stockholders on October 2, 2026, all four proposals presented were approved. The approvals grant the company authority to enact a reverse stock split, amend its 2023 Equity Incentive Plan, and proceed with two separate share issuances.
Key Details
- Reverse Stock Split: Stockholders approved the "Reverse Split Amendment Proposal," authorizing the company to implement a reverse stock split.
- Equity Plan Amendment: The proposal to amend the 2023 Equity Incentive Plan was approved.
- Share Issuances: The "Kips Issuance Proposal" and the "Leviston Issuance Proposal" were both approved, authorizing the company to issue shares for these specific matters.
- Meeting Quorum: The meeting had a quorum with approximately 52.45% of the voting power represented.