secwatch.observer — SEC 8-K summary
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Issuer:     LAKELAND INDUSTRIES INC (LAKE)
CIK:        0000798081
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0001654954-25-000715
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/798081/000165495425000715/0001654954-25-000715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/798081/000165495425000715/lake_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-000715

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