Mobix Labs Signs Definitive $15 Million Deal to Acquire Vision Aerial - Mobix Labs (NASDAQ:MOBX)

Mobix Labs Inc.

(NASDAQ:MOBX) stock is down on Friday after announcing the signing of a definitive agreement to acquire Montana-based Vision Aerial Inc., expanding into U.S.-built drones and aerial intelligence. • Mobix Labs stock is showing downward bias.

What's ahead for MOBX stock?

Deal Terms The $15 million cash-and-stock transaction is expected to close this quarter, subject to financing, stockholder approval and other customary conditions.

U.S.-Built Drone Expansion Vision Aerial manufactures NDAA-compliant unmanned aerial systems for national security, government, energy, public safety and critical infrastructure markets.