LightPath raises $50M in primary offering at $14/sh; secondary offering of 3.57M shares

LIGHTPATH TECHNOLOGIES INC

Company sold 3,571,400 shares at $14 each, gross proceeds ~$50M; net ~$47M after fees.
Selling Stockholder sold another 3,571,400 shares in secondary; company gets no proceeds.
Proceeds to be used for working capital, investments, acquisitions, and general purposes.
Directors, officers, and Selling Stockholder subject to 60-day lock-up; company restricted from variable-rate transactions for 60 days.
Offering closed June 3, 2026; Craig-Hallum acted as sole placement agent with 4.5% fee.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LIGHTPATH TECHNOLOGIES INC entered into Securities Purchase Agreement with North Run Strategic Opportunities Fund I, LP valued at approximately $50.0 million (effective 2026-06-01).

Action: entry
Agreement: equity purchase
Counterparty: North Run Strategic Opportunities Fund I, LP
Value: approximately $50.0 million
Effective: 2026-06-01

Exact text from the filing

On June 1, 2026, LightPath Technologies, Inc., a Delaware corporation (the “Company”), entered into a securities purchase agreement (the “Securities Purchase Agreement”) with North Run Strategic Opportunities Fund I, LP (the “Selling Stockholder”) and certain institutional investors for the purchase and sale of an aggregate of 7,142,800 shares of the Company’s Class A Common Stock

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LIGHTPATH TECHNOLOGIES INC entered into Placement Agent Agreement with Craig-Hallum Capital Group LLC (effective 2026-06-01).

Action: entry
Agreement: underwriting
Counterparty: Craig-Hallum Capital Group LLC
Effective: 2026-06-01

Exact text from the filing

The Company also entered into a placement agency agreement (the “Placement Agent Agreement”) with the Selling Stockholder and Craig-Hallum Capital Group LLC, as the sole placement agent (the “Placement Agent”), dated June 1, 2026

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801 material agreements filed in the last 30 days. Browse all material agreements →

LIGHTPATH TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001437749-26-019435

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