other material
confidence high
sentiment neutral
materiality 0.60
LightPath Technologies prices $60M offering (7.75M shares at $7.75/share)
LIGHTPATH TECHNOLOGIES INC
- Gross proceeds ~$60M; net proceeds ~$56.8M after underwriting discounts and expenses.
- Underwriters have 30-day option to purchase up to 1,162,500 additional shares.
- Closing expected Dec 15, 2025; Canaccord Genuity and Craig-Hallum are joint bookrunners.
- Proceeds to be used for working capital, investments, acquisitions, and general purposes.
- Offering made under effective shelf registration statement (File No. 333-291717).