ADDED
The number of outstanding shares of the registrant s Class A Common Stock and Class B Common Stock, as of November 30, 2025, was 64,308,034 and 2,004,901 , respectively.
Our solutions are used in the defense, aerospace, commercial, industrial and other markets.
Our wireless systems solutions include products for advanced RF and millimeter wave ( mmWave ) communications, mmWave imaging, software defined radio and custom RF integrated circuits ( ICs ) targeting the defense, aerospace, commercial and industrial sectors.
We were founded with the goal of simplifying the development and maximizing the performance of mmWave wireless products by designing and developing high performance system-level solutions used for signal processing applications in wireless devices.
Market Opportunity As a global provider of a diverse portfolio of advanced capability products, we believe that we are well positioned to capitalize upon the strong growth trends within the defense, aerospace, commercial, industrial and other markets worldwide.
As the world becomes more and more connected, we will seek to provide wireless systems solutions and LEO SATCOM connectivity designed to offer an attractive solution for keeping consumers connected anywhere in the world.
We expect our chipset IP and technology will feature a design which minimizes the number of semiconductor chips needed to enable mmWave wireless devices, and therefore we expect that our products will reduce the cost of such devices.
4 Strong acquisition and integration track record Since our founding in 2020, we have strategically expanded our portfolio through the acquisition and integration of other businesses, including RaGE Systems and EMI Solutions, each of which aimed at broadening our operational capabilities and enhancing our financial metrics.
Superior, scalable wireless technology We expect to base our mmWave ICs on a complementary metal-oxide-semiconductor ( CMOS ) process.
U.S.-based supplier of interconnect products We believe certain of our customers, particularly those serving the defense industry, prefer to source interconnect products from U.S.-based suppliers like us.
REMOVED
The number of outstanding shares of the registrant s Class A Common Stock and Class B Common Stock, as of December 6, 2024, was 33,681,049 and 2,129,901 , respectively.
Our solutions are used in the consumer commercial, industrial, automotive, medical, aerospace, defense and other markets.
Our wireless systems solutions include products for advanced RF and millimeter wave ( mmWave ) 5G communications, mmWave imaging, software defined radio and custom RF integrated circuits ( ICs ) targeting the commercial, industrial, and defense and aerospace sectors.
Our True Xero active optical cables ( AOCs ) are designed to meet customer needs for high-quality active optical cable solutions at an affordable price.
We were founded with the goal of simplifying the development and maximizing the performance of wireless mmWave 5G products by designing and developing high performance, cost-effective and ultra-compact semiconductor components and solutions used for signal processing applications in wireless products.
In 2021, we completed the acquisition of substantially all of the assets including intellectual property of Cosemi, an Irvine, California-based global supplier of high-speed connectivity solutions.
The acquired products and intellectual property included a broad range of AOCs and optical engines that deliver optimal connectivity to a wide range of applications including home entertainment, gaming, augmented reality and virtual reality, video conferencing, medical, mobile devices and monitors and built the foundation for our current connectivity business.
We believe the patented cable technology and AOC optical chip solutions from Cosemi along with our innovative wireless semiconductor technologies provide more opportunities in the wireless C-Band and mmWave 5G market as the need for faster, more reliable data transmission becomes ever more apparent, whether it is for the data center, infrastructure, home entertainment or consumer electronics market.
Consideration for the acquisition of EMI Solutions consisted of 964,912 shares of Legacy Mobix common stock and $2,200 in cash.
We valued the common stock at $8,856, based on the fair value of the Legacy Mobix common stock at the time of the acquisition.