According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Mobix Labs Inc. issued a senior secured convertible note worth 2.8 million USD to Leviston Resources on June 22, 2026.
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This financing arrangement provides Mobix Labs with a new channel of capital. Convertible notes typically grant holders the right to convert the notes into company equity under specific conditions. This issuance features "senior" and "secured" terms, meaning this debt has priority in repayment order and is backed by specific assets, offering additional risk protection to investor Leviston Resources. The specific terms of the deal, such as conversion price, interest rate, and maturity date, are expected to be detailed in the relevant SEC filing documents.
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