Lakeland Industries closes public offering of 2,093,000 shares at $22.00/share; net proceeds ~$42.8M

LAKELAND INDUSTRIES INC

2,093,000 shares sold at $22.00/share; gross proceeds ~$46.0M, net proceeds ~$42.8M.
Underwriters' overallotment option exercised in full for 273,000 additional shares.
Net proceeds to be used for debt repayment, operations, working capital, and business growth.
Offering includes participation from new/institutional investors, management, and board.
Roth Capital Partners sole book-runner; Lake Street and Maxim co-managers.

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.