Mobix Labs, Inc. (NasdaqGM:MOBX) signed a definitive agreement to acquire RaGE Systems, Inc. for $20 million on May 9, 2024. Total consideration consisted of approximately $2 million in cash, approximately $10 million worth of Mobix Labs stock and possible earn-out payments of up to $8 million over eight fiscal quarters in a combination of cash and stock upon satisfaction of certain financial metrics. The transaction is expected to close in May 2024.
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5-day change | 1st Jan Change | ||
2.21 USD | -5.96% | -10.53% | -45.02% |
05-21 | Mobix Labs, Inc. completed the acquisition of RaGE Systems, Inc. | CI |
05-14 | Mobix Labs, Inc. Provides Revenue Guidance for the Third Quarter and Fourth Quarter of Fiscal Year 2024 | CI |
1st Jan change | Capi. | |
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-45.02% | 56.86M | |
+114.99% | 2,619B | |
+46.54% | 698B | |
+26.12% | 652B | |
+12.86% | 269B | |
+45.45% | 235B | |
+16.85% | 181B | |
+51.73% | 143B | |
-38.87% | 131B | |
+52.56% | 119B |
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- Mobix Labs, Inc. signed a definitive agreement to acquire RaGE Systems Inc for $20 million.