---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-010336"
form_type: "8-K"
ticker: "LPTH"
cik: "0000889971"
company_name: "LIGHTPATH TECHNOLOGIES INC"
filed_at: "2024-08-12T23:59:59+00:00"
generated_at: "2026-05-31T10:16:28.099619+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LightPath secures $3M bridge note at 12.5% from Lytton-Kambara Foundation

## Summary
- $3M bridge loan from Lytton-Kambara Foundation at 12.5% interest, maturing Aug 6, 2025.
- Net proceeds of $2.7M after 7% OID ($210k), placement fees, and expenses.
- Prepayment allowed at 105% of principal plus accrued interest; Change-of-Control triggers repayment at 105%.
- Loan proceeds for general business operations.

## SEC filing metadata
- accession: 0001654954-24-010336
- form_type: 8-K
- ticker: LPTH
- cik: 0000889971
- company_name: LIGHTPATH TECHNOLOGIES INC
- filed_at: 2024-08-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889971/000165495424010336/0001654954-24-010336-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889971/000165495424010336/lpth_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-010336
- JSON: https://secwatch.observer/filing/0001654954-24-010336.json
- Plain text: https://secwatch.observer/filing/0001654954-24-010336.txt

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