Mobix Labs, Inc. (Nasdaq: MOBX) has signed a definitive agreement to acquire Special Project Delivery, Inc. (SPD), a company focused on developing U.S. supply chains for rare earth elements, critical minerals, and energy storage.
The acquisition will be executed as an all-stock transaction, with Mobix Labs issuing up to 4.8 million shares of its common stock to complete the deal.
The transaction is anticipated to be finalized by the end of 2026.
"We are moving decisively to take our NSM initiative from vision to reality," said Jim Peterson, Chairman of Mobix Labs. "The control and development of strategic domestic mineral rights is fundamental to America's long-term industrial strength and security, and the SPD platform allows us to hit the ground running.”