This filing is made pursuant to Rule 424(b)(3)
under the Securities Act of 1933 in connection with
Registration No. 333-131222
Prospectus Supplement
To
Prospectus dated March 29, 2006
MOBILITY ELECTRONICS, INC.
Common Stock
3,760,264
This Prospectus Supplement supplements and amends the Prospectus dated March 29, 2006 (the
Prospectus) relating to the resale by certain stockholders of 3,760,264 shares of common stock of
Mobility Electronics, Inc.
This Prospectus Supplement should be read in conjunction with the Prospectus, which is to be
delivered with this Prospectus Supplement. This Prospectus Supplement is not complete without, and
may not be delivered or utilized except in connection with, the Prospectus, including any
amendments or supplements to it.
The purpose of this Prospectus Supplement is to supplement and amend the Selling
Stockholders section of the Prospectus beginning on page 13 in order to reflect the termination of
two warrants previously issued to RadioShack Corporation that together provided RadioShack with the
right to purchase up to a total of 1,190,476 shares of Mobilitys common stock, which were
registered for resale on the Prospectus, and also to update the information regarding the person at
RadioShack with authority to make voting and investment decisions with respect to the remaining
689,656 shares of Mobilitys common stock held by RadioShack. Except as amended by this Prospectus
Supplement, the Selling Stockholder section of the Prospectus is not affected by this Prospectus
Supplement.
Our common stock is quoted on the Nasdaq National Market under the symbol MOBE. The price
to the public for the shares and the proceeds to the selling stockholders will depend upon the
market price of the shares when sold. On July 31, 2006, the average of the high and low prices for
the common stock was $5.69 per share.
Investing in our common stock involves risks. See Risk Factors beginning on page 2 of the
Prospectus.
Neither the Securities and Exchange Commission nor any state securities commission has
approved or disapproved of these securities or passed upon the adequacy or accuracy of this
prospectus. Any representation to the contrary is a criminal offense.
The date of this Prospectus Supplement is August 2, 2006.
SUPPLEMENT TO SELLING STOCKHOLDERS SECTION OF PROSPECTUS
On June 30, 2006, we terminated various material agreements with RadioShack in order to
restructure our existing relationship. Two of the material agreements that were terminated were
two warrants issued to RadioShack that together provided RadioShack with the right to purchase up
to a total of 1,190,476 shares of Mobilitys common stock at a price of $8.40 per share upon our
achievement of certain performance results. In addition, the person at RadioShack having voting
and investment control over the remaining 689,656 shares of our common stock owned by RadioShack
has changed to Martin Moad, RadioShacks Vice President Treasurer.
As a result of these events, the reference to RadioShack in the selling stockholder table in
the section of the Prospectus entitled Selling Stockholders on page 14 is amended and restated as
follows:
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Shares Beneficially Owned |
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Shares Beneficially Owned |
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Before Offering |
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After Offering |
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Percentage |
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Shares |
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Percentage |
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Name of Selling Stockholder |
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Number |
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Ownership |
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Offered |
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Number |
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Ownership |
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RadioShack Corporation (1) |
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689,656 |
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2.2 |
% |
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689,656 |
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- |
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* |
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(1) |
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Martin Moad has investment and voting power over these shares in his capacity as Vice
President Treasurer of RadioShack Corporation. |
The information set forth above is based upon information submitted to us by RadioShack and
updated in accordance with our records through July 31, 2006. The percentages above are based on
31,636,599 shares of common stock outstanding as of July 31, 2006.