Mobix Labs, Inc. (NASDAQ:MOBX) ("Mobix Labs"), a rapidly growing fabless semiconductor and connectivity company serving the defense, aerospace, and high-reliability markets, today announced that its board of directors approved the Company's 1-for-10 reverse stock split (the "Reverse Split") of the Company's Class A common stock, par value $0.00001 per share and Class B common stock, par value $0.00001 per share (collectively the "Common Stock") . The Reverse Split was approved by the stockholders of the Company at the annual meeting held on March 23, 2026.

The Reverse Split will legally take effect at 4:00 p.m. Eastern Time, on April 6, 2026. The Reverse Split is intended to increase the per share trading price of the Company's Class A common stock to enable the Company to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market.