--- title: "Mobix Labs Raises $2.8 Million Via 10% Convertible Note With Leviston, Maturing Oct 2026" type: "News" locale: "en" url: "https://longbridge.com/en/news/291009652.md" description: "Mobix Labs raised $2.8 million via a senior secured convertible note from Leviston Resources, maturing Oct 2026 with 10% interest. Gross proceeds were ~$2.3M. The note converts to Class A shares at the lesser of the June 2026 closing price or 85% of the lowest eight-day VWAP. Concurrently, Mobix amended its registration rights agreement to cover potential resale of converted shares, enhancing liquidity." datetime: "2026-06-26T21:13:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291009652.md) - [en](https://longbridge.com/en/news/291009652.md) - [zh-HK](https://longbridge.com/zh-HK/news/291009652.md) generator: "portal-rs" --- # Mobix Labs Raises $2.8 Million Via 10% Convertible Note With Leviston, Maturing Oct 2026 Mobix Labs executed two related financing agreements with Leviston Resources. The company issued a $2.8 million senior secured convertible note bearing 10% interest and maturing on October 18, 2026, generating approximately $2.3 million in gross proceeds. Subject to stockholder approval, the note is convertible into Class A shares at the lesser of the June 22, 2026 closing price or 85% of the lowest eight-day VWAP. Concurrently, Mobix Labs amended its registration rights agreement to cover potential resale of shares issuable upon conversion, enhancing flexibility and potential liquidity around future conversions. **Agreement 1: Mobix Labs Raises $2.8 Million Via 10% Convertible Note With Leviston, Maturing Oct 2026** - **Agreement type**: Senior secured convertible promissory note - **Counterparty**: Leviston Resources - **Signed / Effective**: Jun 22 2026 / Jun 22 2026 - **Duration / Termination**: Through Oct 18 2026 - **Reason**: Strengthen liquidity and funding flexibility **Agreement 2: Mobix Labs Amends Registration Rights to Cover Shares From Leviston Convertible Note** - **Agreement type**: Second amendment to registration rights agreement - **Counterparty**: Leviston Resources - **Signed / Effective**: Jun 22 2026 / Jun 22 2026 - **Duration / Termination**: At will - **Reason**: Facilitate resale registration for conversion shares Original SEC Filing: MOBIX LABS, INC \[ MOBX \] - 8-K - Jun. 26, 2026 **Disclaimer** 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. ### Related Stocks - [MOBX.US](https://longbridge.com/en/quote/MOBX.US.md) - [MOBXW.US](https://longbridge.com/en/quote/MOBXW.US.md) ## Related News & Research - [Mobix Labs Raises New Funding and Amends Agreements](https://longbridge.com/en/news/297373049.md) - [MobileX Secures Strategic Investment from CONX to Fuel Next Phase of Growth | CNXX Stock News](https://longbridge.com/en/news/296831493.md) - [Systemair corrects dividend record date to Aug. 31, 2026 from Sept. 31 error](https://longbridge.com/en/news/297344953.md) - [Perma-Pipe International - Enters 2026 Credit Agreement With JPMorgan Chase Bank On August 25, 2026 - SEC Filing](https://longbridge.com/en/news/297184704.md) - [AgroGalaxy delays 2025 results release to Nov. 30, 2026](https://longbridge.com/en/news/297440664.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**