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Mobix Labs, Inc., currently trading at $0.70 with a market capitalization of $27.65 million, has received notification from Nasdaq regarding non-compliance with the exchange’s listing requirements. On April 28, 2025, the company was alerted that it failed to meet the minimum bid price and market value of listed securities standards necessary for continued listing on the Nasdaq Capital Market. According to InvestingPro data, the stock has lost over 58% of its value year-to-date.
The specific rules in question are Nasdaq Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5550(b)(2), which requires a minimum market value of listed securities of $35 million. Mobix Labs’ common stock has traded below these thresholds for 30 consecutive business days. InvestingPro analysis reveals concerning financial health indicators, with a current ratio of 0.13 suggesting significant liquidity challenges.
While these notices do not affect the current listing or trading of Mobix Labs’ common stock, they start the clock on a 180-day period ending October 27, 2025, during which the company must regain compliance. To meet the minimum bid price requirement, the company’s stock must close at $1.00 per share or higher for at least ten consecutive business days within this period. A similar ten-day period applies to the market value requirement.
If Mobix Labs fails to comply by the deadline, it may be eligible for an additional 180-day period to meet the bid price requirement. However, failure to meet the market value requirement by October 27, 2025, could lead to delisting, although the company would have the right to appeal.
Mobix Labs has stated its intention to monitor its stock performance closely and may consider options to regain compliance. However, there is no guarantee that the company will achieve compliance with Nasdaq’s listing standards.
This news is based on a press release statement. InvestingPro subscribers have access to 10 additional key insights about Mobix Labs, including detailed analysis of its cash flow position and market performance. Get the complete financial picture with InvestingPro’s comprehensive research report, available for over 1,400 US stocks.
In other recent news, Mobix Labs Inc. reported a strong performance in the first quarter of fiscal year 2025, with revenue reaching $3.17 million, marking an 11-fold increase compared to the same quarter last year. The company also improved its adjusted operating loss by 28.9%, reducing it to $2.5 million. In a strategic move to bolster its position in the aerospace and defense markets, Mobix Labs announced plans to acquire Spacecraft Components Corp and SCP Manufacturing, with expectations to close these acquisitions in the coming months. Additionally, Mobix Labs secured $4 million through a registered direct offering and concurrent private placement involving the sale of approximately 4.9 million shares of Class A common stock and warrants. Shareholders recently approved the election of board members Kurt Busch, William Carpou, and Fabrizio Battaglia, along with the ratification of the company’s independent registered public accounting firm. Mobix Labs is withholding near-term revenue guidance due to ongoing acquisition strategies but maintains long-term financial goals of achieving a gross margin of 60% and an adjusted operating margin of 30%. The company has been actively pursuing additional financing to support strategic acquisitions and meet rising customer demand. These developments highlight Mobix Labs’ ongoing efforts to drive growth and enhance shareholder value.
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