---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-012200"
form_type: "8-K"
ticker: "LGL"
cik: "0000061004"
company_name: "LGL GROUP INC"
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:37:11.548721+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LGL Group to buy 1M MGHL shares for $2M, appoints director, reports FY2024 results

## Summary
- Subscribed to 1,000,000 newly issued MGHL shares at $2.00 per share for total $2.0M cash.
- Appointed Vice Admiral Colin J. Kilrain, USN (Ret.), as director effective April 16, 2025.
- Clarified that subsidiary P3 was not selected for DARPA's Venture Horizons; only an RFI response.
- 2020 warrants triggered on March 4, 2025 (30-day VWAP > $6.65); company exploring overallotment privilege.
- FY2024 revenue $4.292M (up $614K YoY); net income $432K ($0.08 EPS) vs $269K ($0.05) in 2023.

## SEC filing metadata
- accession: 0001437749-25-012200
- form_type: 8-K
- ticker: LGL
- cik: 0000061004
- company_name: LGL GROUP INC
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/61004/000143774925012200/0001437749-25-012200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/61004/000143774925012200/lglg20250407_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-012200
- JSON: https://secwatch.observer/filing/0001437749-25-012200.json
- Plain text: https://secwatch.observer/filing/0001437749-25-012200.txt

## Key facts
- Executive change
  Colin J. Kilrain was appointed as director at LGL GROUP INC.
  - Action: appointed
  - Role: director
  source text: On April 16, 2025, the Board of Directors (the "Board") of LGL Group appointed Vice Admiral Colin J. Kilrain, USN (Ret.), as a director of the Company, effective immediately, to serve until the Company's next annual meeting of stockholders or until his successor is duly elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/61004/000143774925012200/0001437749-25-012200-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.