Mobile Infrastructure Corp 8-K

What Happened
Mobile Infrastructure Corporation (BEEP) filed an 8-K reporting that on March 24, 2026 it entered into a Third Amendment to its Credit Agreement with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd., extending the loan maturity date from March 31, 2026 to June 30, 2026. The filing also discloses that on March 24, 2026 the Board authorized monthly preferred stock dividends to be paid on or about April 13, 2026. The amendment is reported as a related‑party transaction because Board co‑chair Jeffrey Osher is managing member of No Street Capital LLC, the investment manager for the Harvest funds.

Key Details

• Third Amendment to Credit Agreement executed March 24, 2026; maturity extended from March 31, 2026 to June 30, 2026.
• Lenders named: Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd.
• Related‑party disclosure: Jeffrey Osher (Board co‑chair) is managing member of the manager for the Harvest funds.
• Preferred dividends declared March 24, 2026: Series A — $4.791 per share; Series 1 — $4.583 per share; payable on or about April 13, 2026. Record dates: Series A — March 29, 2026; Series 1 — March 24, 2026.

Why It Matters
The credit amendment gives the company an additional three months before the credit facility matures, which affects near‑term liquidity planning and obligations. The related‑party note is material governance information investors should be aware of. The declared preferred dividends are cash obligations to preferred shareholders and will reduce available cash when paid; future dividends remain at the Board’s discretion based on financial condition and applicable law. Keywords: credit agreement, maturity extension, related‑party transaction, preferred dividends.