secwatch.observer — SEC 8-K summary
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Issuer:     LIGHTPATH TECHNOLOGIES INC (LPTH)
CIK:        0000889971
Form:       8-K
Filed at:   2026-06-03T21:20:51+00:00
Accession:  0001437749-26-019435
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889971/000143774926019435/0001437749-26-019435-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889971/000143774926019435/lpth20260602_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-019435

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer