4/A: Mobix Labs Director Amends Filing to Correctly Report Option Acquisition

Frederick Goerner, a director at Mobix Labs, filed an amended Form 4 to correct a previous report, clarifying the acquisition of options rather than shares.

Summary

• Frederick Goerner, a director of Mobix Labs, Inc. (MOBX), filed an amendment to a previous Form 4.
• The amendment corrects a misreporting from December 26, 2023, where the acquisition of 153,416 shares was incorrectly stated.
• The corrected filing clarifies that Goerner acquired options to purchase 153,416 shares of Class A Common Stock, not the shares themselves.
• The transactions relate to the business combination between Chavant Capital Acquisition Corp. and Mobix Labs, Inc. which closed on December 21, 2023.
• Goerner also acquired 20,000 options at \$4.18 and 133,416 options at \$6.84, both fully vested and exercisable.
• Following the reported transactions, Goerner beneficially owns 263,445 shares of Class A Common Stock and options for 153,416 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't inherently indicate positive or negative sentiment, but the correction ensures transparency, which is generally viewed favorably.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The correction of the Form 4 filing ensures accurate information is available to shareholders regarding insider ownership.
• This promotes transparency and trust in the company's reporting practices.

Key Dates

Keywords

Form 4, Amendment, Beneficial Ownership, Mobix Labs, Options, Director, Goerner, MOBX