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Catalyst IR handles Mobix Labs as it signs a “non-binding letter of intent” to acquire Special Project Delivery LLC, a privately owned platform with positions in US rare earth properties.
A deal would strengthen Mobix’s position of supplying the defense and aerospace sector with rare earth elements.
"Today, rare earths and critical minerals have become one of the defining competitive battlegrounds of the next decade," said Mobix chair James Peterson. “SPD is the right platform at exactly the right moment—federally aligned, technically validated, and assembled by an exceptional team.”
Mobix’s letter of Intent with SPD establishes a framework for due diligence and negotiation of definitive agreements.
There is no assurance that a definitive agreement will be executed or that the proposed transaction will be completed.
Catalyst IR’s Chris Eddy and David Collins handle Mobix.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
