{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-006372","form_type":"8-K","ticker":"LYTS","cik":"0000763532","company_name":"LSI INDUSTRIES INC","filed_at":"2026-03-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.656907+00:00","generated_at":"2026-05-15T22:54:40.581083+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LSI Industries prices 4.6M share offering at $19.75; net proceeds ~$98.1M for Royston acquisition","bullets":["Offering of 4,600,000 shares priced at $19.75/share; gross proceeds ~$90M.","Underwriters exercised 30-day option to purchase an additional 690,000 shares.","Net proceeds ~$98.1M after discounts and expenses.","Proceeds to partially fund Royston acquisition, repay PNC credit facility, and for working capital.","Royston acquisition expected to close in Q3 FY2026; PNC credit facility to increase to $425M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-006372","json":"https://secwatch.observer/filing/0001437749-26-006372.json","markdown":"https://secwatch.observer/filing/0001437749-26-006372.md","text":"https://secwatch.observer/filing/0001437749-26-006372.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763532/000143774926006372/0001437749-26-006372-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763532/000143774926006372/lyts20260226_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T22:54:40.581083+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"257e674c927670d0844d1f4bc8f2eee05fd9afdd","claim":"LSI INDUSTRIES INC entered into Underwriting Agreement with Oppenheimer & Co. Inc. valued at $98.1 million net proceeds from 4,600,000 shares at $19.75 per share (effective 2026-02-26).","evidence_excerpt":"On February 26, 2026, LSI Industries Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Oppenheimer & Co. Inc., as representative of the several underwriters named therein (collectively, the “Underwriters”), relating to the offering, issuance and sale of 4,600,000 shares of the Company’s common stock, no par value (the “Shares”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/763532/000143774926006372/0001437749-26-006372-index.htm","confidence":0.94,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Oppenheimer & Co. Inc."},{"label":"Value","value":"$98.1 million net proceeds from 4,600,000 shares at $19.75 per share"},{"label":"Effective","value":"2026-02-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}