Mobix Labs Files S-1/A for IPO

TL;DR

Mobix Labs (fka Chavant Capital) filed S-1/A for IPO. Going public soon.

AI Summary

Mobix Labs, Inc. filed an S-1/A amendment on August 26, 2024, for its initial public offering. The company, formerly known as Chavant Capital Acquisition Corp. until April 6, 2021, is incorporated in Delaware and operates in the semiconductors & related devices industry. Its principal executive offices are located at 15420 Laguna Canyon Road, Suite 100, Irvine, California.

Why It Matters

This filing indicates Mobix Labs is moving forward with its plan to become a publicly traded company, which could bring new investment and scrutiny to its semiconductor operations.

Risk Assessment

Risk Level: medium — As an S-1/A filing for an IPO, the company is seeking public investment, which inherently carries risks associated with market volatility and the company's future performance.

Key Numbers

• 333-281492 — SEC File Number (Identifies the specific SEC registration)
• 0001855467 — Central Index Key (Unique identifier for the company in SEC filings)

Key Players & Entities

• MOBIX LABS, INC (company) — Registrant
• Chavant Capital Acquisition Corp. (company) — Former company name
• 20210406 (date) — Date of name change
• August 26, 2024 (date) — Filing date
• 15420 Laguna Canyon Road, Suite 100 Irvine, California (location) — Principal executive offices
• Keyvan Samini (person) — President and Chief Financial Officer

FAQ

Key Financial Figures

• $0.00001 — on stock of Mobix Labs, Inc., par value $0.00001 per share (the "Class A Common Stock"),
• $8.4 million — n gross proceeds to us of approximately $8.4 million. However, we cannot predict when and in
• $1.06 — mon Stock as reported on the Nasdaq was $1.06 per share and the last sale price of th
• $0.16 — Warrants as reported on the Nasdaq was $0.16 per Public Warrant. The shares being o

Filing Documents

• ea0210553-02.htm (S-1/A) — 11259KB
• ea021055302ex23-1_mobix.htm (EX-23.1) — 2KB
• ea021055302ex23-2_mobix.htm (EX-23.2) — 2KB
• tmobix_logo.jpg (GRAPHIC) — 41KB
• 0001213900-24-072588.txt ( ) — 24758KB
• mobix-20240630.xsd (EX-101.SCH) — 89KB
• mobix-20240630_cal.xml (EX-101.CAL) — 70KB
• mobix-20240630_def.xml (EX-101.DEF) — 490KB
• mobix-20240630_lab.xml (EX-101.LAB) — 819KB
• mobix-20240630_pre.xml (EX-101.PRE) — 495KB
• ea0210553-02_htm.xml (XML) — 3819KB

USE OF PROCEEDS

USE OF PROCEEDS 33 MARKET PRICE OF THE CLASS A COMMON STOCK AND DIVIDENDS 34 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL STATEMENTS 35

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF MOBIX LABS

MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF MOBIX LABS 40

BUSINESS

BUSINESS 56 MANAGEMENT 65 EXECUTIVE AND DIRECTOR COMPENSATION 71

DESCRIPTION OF SECURITIES

DESCRIPTION OF SECURITIES 79 SECURITIES ACT RESTRICTIONS ON RESALE OF SECURITIES 91

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 93 SELLING SECURITYHOLDERS 95 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 97 PLAN OF DISTRIBUTION 104 LEGAL MATTERS 106 EXPERTS 106 WHERE YOU CAN FIND ADDITIONAL INFORMATION 106 INDEX TO FINANCIAL STATEMENTS F-1 You should rely only on the information contained in this prospectus. No one has been authorized to provide you with information that is different from that contained in this prospectus. This prospectus is dated as of the date set forth on the cover hereof. You should not assume that the information contained in this prospectus is accurate as of any date other than that date. i Table of Contents EXPLANATORY NOTE On December 21, 2023 (the "Closing Date"), Mobix Labs, Inc., a Delaware corporation (f/k/a Chavant Capital Acquisition Corp., a Cayman Islands exempted company incorporated with limited liability) ("Mobix Labs," the "Company," "we," "us" or "our"), consummated the previously announced merger pursuant to the Business Combination Agreement, dated November 15, 2022 (as amended, the "Business Combination Agreement"), by and among the Company, CLAY Merger Sub II, Inc., a Delaware corporation and newly -formed , wholly -owned direct subsidiary of Chavant ("Merger Sub"), and Legacy Mobix, following the approval at an extraordinary general meeting of the Company's shareholders held on December 18, 2023 (the "Special Meeting"). Pursuant to the terms of the Business Combination Agreement, the Company changed its jurisdiction of incorporation by deregistering as an exempted company incorporated with limited liability in the Cayman Islands and continuing and domesticating as a corporation incorporated under the laws of the State of Delaware (the "Domestication"), upon which the Company changed its name to "Mobix Labs, Inc.," and a business combination between the Company and Legacy Mobix was effected through the merger of Merger Sub with and into Legacy Mobix, with L

View Full Filing

View this S-1/A filing on SEC EDGAR