Manuel Chavez III disclosed a 2.1% stake in Mobile Infrastructure Corporation’s common stock. He filed a Schedule 13D on Aug. 04, 2026, alongside Stephanie Hogue, who reported a 2.0% stake. The filing also reveals a fresh move by their firm to take the company private.
Investor Intent
On July 31, 2026, Bombe Asset Management, led by Chavez, sent Mobile Infrastructure’s board a preliminary, non-binding offer for a potential take-private deal. The letter does not set a structure or price yet and could include management and certain holders in rollover arrangements, and it stays open until Aug. 12, 2026. “We delivered a preliminary, non-binding indication of interest for a potential take-private transaction,” the letter states.
If agreed, the deal could bring major changes, including board or management shifts, new capital plans, Nasdaq delisting, and ending SEC registration. Bombe also reserved the right to change terms, withdraw, or propose a different structure. “The proposal remains open for acceptance until 5:00 p.m. ET on August 12, 2026,” according to the filing.
Investor's Background
Manuel Chavez III serves as Executive Chairman of Mobile Infrastructure Corporation and founded Bombe Asset Management, where he has been CEO since 2017. Bombe is a private investment firm focused on real assets and special situations, including transportation and parking infrastructure. Chavez has built and managed platforms that target operational turnarounds and value creation in niche real estate and infrastructure.
Original SEC Filing:
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