{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-25-001429","form_type":"8-K","ticker":"LPTH","cik":"0000889971","company_name":"LIGHTPATH TECHNOLOGIES INC","filed_at":"2025-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.701236+00:00","generated_at":"2026-05-26T22:34:10.620060+00:00","sec_items":["1.01","5.02","2.03","3.02","3.03","5.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"LightPath to acquire G5 Infrared for $20.25M cash + stock; raises $32.2M in concurrent PIPE","bullets":["Acquires all membership interests of G5 Infrared for $20.25M cash plus 1,972,531 shares of common stock.","Earn-out up to $23M in FY2026/27 based on revenue and EBITDA targets; closing expected by Feb 19, 2025.","Concurrent private placement of Series G convertible preferred, warrants, and $5.2M notes raises ~$32.2M to fund cash portion.","Board increased to eight; Thomas Ellis (North Run affiliate) appointed Class II director effective at closing.","Existing $3M bridge note from Lytton-Kambara exchanged for $1M in common stock and warrants; remainder exchanged in private placement."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-25-001429","json":"https://secwatch.observer/filing/0001654954-25-001429.json","markdown":"https://secwatch.observer/filing/0001654954-25-001429.md","text":"https://secwatch.observer/filing/0001654954-25-001429.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889971/000165495425001429/0001654954-25-001429-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889971/000165495425001429/lpth_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:34:10.620060+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d9c803c5d","claim":"Thomas Ellis was appointed as Class II Director at LIGHTPATH TECHNOLOGIES INC.","evidence_excerpt":"Thomas Ellis, an affiliate of the Lead Investor, will serve as a Class II Director","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889971/000165495425001429/0001654954-25-001429-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Class II Director"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}