11 Best Semiconductor Penny Stocks to Buy According to Hedge Funds

Page 2 of 10

9. Mobix Labs, Inc. (NASDAQ:MOBX)

Share Price: $0.77

Number of Hedge Fund Holders: 5

Mobix Labs, Inc. (NASDAQ:MOBX) is one of the best semiconductor penny stocks to buy according to hedge funds. On June 26, Mobix Labs, Inc. (NASDAQ:MOBX) reported that it made an unsolicited, non-binding offer to acquire Peraso, Inc. (PRSO).

The proposal involves a premium stock-for-stock transaction where Mobix Labs, Inc. (NASDAQ:MOBX) will exchange newly issued common shares for each PRSO share. The exchange rate offers a 20% premium based on PRSO’s 30-day average closing share price through June 10, 2025.

Peraso is known for its 5G/mmWave chipsets and software, which can complement Mobix Labs, Inc.’s (NASDAQ:MOBX) existing work in defense, aerospace, AI data centers, and 5G markets.

According to the report by Mobix Labs, Inc. (NASDAQ:MOBX), if the deal goes through, the combined company could generate about $20 million in annual revenue. Mobix Labs, Inc. (NASDAQ:MOBX) also expects to improve profits through scale-driven synergies in sales, production, and procurement.

Mobix Labs, Inc. (NASDAQ:MOBX) is a semiconductor company specializing in the supply of advanced connectivity solutions for aerospace, defense, AI, and 5G infrastructure markets.

Page 2 of 10