LightPath postpones annual meeting to Jan 31, 2024; files Delaware petition to validate prior corporate acts

LIGHTPATH TECHNOLOGIES INC

Annual meeting rescheduled to January 31, 2024; record date December 12, 2023.
Filed Section 205 petition in Delaware Court of Chancery to validate five prior corporate acts (1995-2017), including reverse stock splits and share authorization increases.
Petition seeks to cure defects in 1995 conversion, 2003 reverse split, 2016 amendment, and 2017 share increases due to possible DGCL violations.
Company intends to propose increasing authorized Common Stock from 50M to 100M at the annual meeting, contingent on court validation.
Broker voting on 2003 reverse split may have been improperly treated as routine, creating uncertainty about share validity.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.