---
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"
generated_at: "2026-05-26T22:34:10.620060+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# LightPath to acquire G5 Infrared for $20.25M cash + stock; raises $32.2M in concurrent PIPE

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 2.03, 3.02, 3.03, 5.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-001429
- JSON: https://secwatch.observer/filing/0001654954-25-001429.json
- Plain text: https://secwatch.observer/filing/0001654954-25-001429.txt

## Key facts
- Executive change
  Thomas Ellis was appointed as Class II Director at LIGHTPATH TECHNOLOGIES INC.
  - Action: appointed
  - Role: Class II Director
  source text: Thomas Ellis, an affiliate of the Lead Investor, will serve as a Class II Director
  evidence_url: https://www.sec.gov/Archives/edgar/data/889971/000165495425001429/0001654954-25-001429-index.htm

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