Mobile Infrastructure Updates Stockholder Transactions

Changes in beneficial ownership reflect restructuring in key investment strategies.

November 26, 2024

Strategic Shifts in Ownership Structure

Mobile Infrastructure Corp, a Cincinnati-based entity focused on parking and transportation assets, recently disclosed updates in beneficial ownership of its common stock through an SEC Form 4 filing. This announcement reflects evolving shareholder dynamics within its strategic operations.

Jeffrey Osher, a major stakeholder and director, reported notable adjustments to his holdings. The filing outlined acquisitions of over 445,000 common stock shares through a transaction on November 22, 2024. These shares were redeemed in exchange for common units under Mobile Infra Operating Company's limited liability structure. This reallocation was further supplemented by fractional cash redemptions.

Key Investment Entities Drive Influence

The filing also highlighted indirect ownership stakes held through entities such as O Cincy Family II, LLC, HSCP Strategic III L.P., and others linked to Mr. Osher. Combined, these entities represent a significant portion of Mobile Infrastructure's outstanding shares, underscoring their strategic influence.

These changes align with broader trends in shareholder alignment and portfolio adjustments observed across the REIT and infrastructure sectors. The company is positioned to leverage these modifications to sustain its operational growth and capital market presence.