Mobile Infrastructure Corp 8-K

What Happened

• On June 29, 2026 Mobile Infrastructure Corporation entered into a Fourth Amendment to its Credit Agreement with Harvest Small Cap Partners, L.P. and Harvest Small Cap Partners Master, Ltd. The Fourth Amendment extends the Credit Agreement maturity from June 30, 2026 to September 30, 2026 and adds a provision allowing the Lenders, beginning August 1, 2026 and through the new maturity date, to require that accrued interest for the preceding month be paid in cash. Such a demand may be made on the first business day of each calendar month and, if made, cash payment is due within five business days of the written demand.
• The filing discloses this is a related‑party transaction because Jeffrey Osher, co‑chair of the company’s board, is the managing member of No Street Capital LLC, the investment manager of the Lenders.

Key Details

• Amendment date: June 29, 2026.
• New maturity date: September 30, 2026 (previously June 30, 2026).
• Cash interest demand: Lenders may, on the first business day of each month from Aug 1, 2026 through Sept 30, 2026, require payment of accrued interest for the prior month; payment due within five business days of demand.
• Related party: Lenders are managed by an entity connected to director Jeffrey Osher (Item 404 related‑party disclosure). The amendment creates a continuing financial obligation (Item 2.03).

Why It Matters

• The extension gives the company a short-term runway to September 30, 2026 by postponing the credit maturity date.
• However, the new cash-interest demand feature could increase near-term cash needs if the Lenders exercise their option in August or September, which investors should watch.
• The related‑party nature of the amendment is disclosed under SEC rules and may be relevant to governance considerations. Investors should monitor future disclosures for any further amendments, lender demands, or changes to the company’s liquidity position.