---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-22-006322"
form_type: "8-K"
ticker: "LTRX"
cik: "0001114925"
company_name: "LANTRONIX INC"
filed_at: "2022-09-12T23:59:59+00:00"
generated_at: "2026-06-23T10:44:13.955413+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lantronix acquires Uplogix for $8M cash plus up to $4M earnout; expects non-GAAP EPS accretive within six months

## Summary
- Acquired Uplogix for ~$8M cash plus up to $4M earnout based on revenue targets for period ending Sep 2023.
- Expects acquisition to be accretive to non-GAAP EPS within first six months post-close.
- Secured $5M term loan from Silicon Valley Bank to fund acquisition and for working capital.
- Uplogix had LTM revenues ~$9M; deal adds complementary high-end OOB remote management solutions.
- Loan amendment reduced minimum liquidity requirement from $5M to $4M.

## SEC filing metadata
- accession: 0001683168-22-006322
- form_type: 8-K
- ticker: LTRX
- cik: 0001114925
- company_name: LANTRONIX INC
- filed_at: 2022-09-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1114925/000168316822006322/0001683168-22-006322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1114925/000168316822006322/lantronix_i8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-22-006322
- JSON: https://secwatch.observer/filing/0001683168-22-006322.json
- Plain text: https://secwatch.observer/filing/0001683168-22-006322.txt

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