Mobile Infrastructure Corp 8-K

What Happened

• Mobile Infrastructure Corporation (BEEP) filed a Form 8‑K on December 23, 2025 reporting two material actions: it entered into a Second Amendment to its Credit Agreement to extend the loan maturity date, and its Board declared monthly dividends on two series of preferred stock.
• The Second Amendment (to the original Credit Agreement dated September 11, 2024, and the First Amendment dated September 5, 2025) extends the maturity date from December 31, 2025 to March 31, 2026. The amendment is with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd.
• The Board authorized payment of the December dividend: Series A Preferred Stock at $4.791 per share and Series 1 Preferred Stock at $4.583 per share, payable on or about January 12, 2026 to holders of record as of December 28, 2025 (Series A) and December 24, 2025 (Series 1).

Key Details

• Credit amendment extends maturity date to March 31, 2026 (previously Dec 31, 2025).
• Lender counterparty: Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd.; the amendment is a related‑party transaction because Board co‑chair Jeffrey Osher is managing member of the investment manager for those Harvest entities.
• Dividends declared: Series A = $4.791/share; Series 1 = $4.583/share; payment on/around Jan 12, 2026; record dates Dec 28, 2025 (Series A) and Dec 24, 2025 (Series 1).
• The Second Amendment is filed as Exhibit 10.1 to the 8‑K.

Why It Matters

• The loan maturity extension gives Mobile Infrastructure additional time (three months) before the Credit Agreement comes due, which can ease near‑term refinancing or liquidity pressure. Investors should note the company remains obligated under the credit facility until the new maturity date.
• The amendment is a related‑party transaction, which may be relevant for governance considerations because a board member has ties to the lender.
• Declared preferred dividends represent a cash outflow and a contractual payment priority for preferred holders; future dividends remain at the Board’s discretion and depend on the company’s financial condition.