Mobix Labs stock rises on deal to acquire SCP Manufacturing (NASDAQ:MOBX)

MT HANNACH
1 Min Read
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  • Mobix Laboratories (NASDAQ:MOBX) stocks jumped 18.6% before marketing Wednesday after announcement an agreement to acquire SCP Manufacturing, a Nevada-based producer of critical electrical components for aerospace, defense and commercial applications.
  • This strategic agreement, the company’s second strategic acquisition in just 60 days, is expected to close in the second quarter of 2025 and will strengthen Mobix Labs’ business (MOBX) operational efficiency, gross margins and market presence in high-growth sectors.

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