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LightPath Technologies, Inc. Announces Pricing of $60 Million Public Offering of Common Stock
LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced the pricing of an underwritten public offering of 7,750,000 shares of its Class A common stock at a price to the public of $7.75 per share for gross proceeds of approximately $60 million, before deducting underwriting discounts and commissions and other estimated offering expenses.
About this update from Lightpath Technologies, Inc.
[{"type":"text","content":"ORLANDO, Fla., Dec. 12, 2025 /PRNewswire/ -- LightPath Technologies, Inc. (NASDAQ: LPTH) ("LightPath," the "Company," "we," or "our"), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, today announced the pricing of an underwritten public offering of 7,750,000 shares of its Class A common stock at a price to the public of $7.75 per share for gross proceeds of approximately $60 million, before deducting underwriting discounts and commissions and other estimated offering expenses. In addition, LightPath has granted the underwriters a 30-day option to purchase up to an additional 1,162,500 shares of its Class A common stock at the public offering price for the Class A common stock, less underwriting discounts and commissions. All shares of Class A common stock are being offered by LightPath. The offering is expected to close on or about December 15, 2025, subject to the satisfaction of customary closing conditions.","length":1031,"tagName":"p"},{"type":"image","alt":"logo (PRNewsfoto/LightPath Technologies)","displaySize":"","headline":null,"caption":"logo (PRNewsfoto/LightPath Technologies)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":92,"url":"https://media.zenfs.com/en/prnewswire.com/34db32ca364fc77007fc7bd240be8395"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8.VfyFj5jnjZLAKnAMNgIQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE2MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/34db32ca364fc77007fc7bd240be8395","width":400,"height":92}},"href":"https://mma.prnewswire.com/media/2510046/LightPath_Technologies_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Canaccord Genuity and Craig-Hallum are acting as joint bookrunners and representatives of the underwriters for the offering. Lake Street is acting as co-manager for the offering.","length":178,"tagName":"p"},{"type":"text","content":"LightPath intends to use the net proceeds from the offering for working capital, investments, acquisitions, and general corporate purposes.","length":139,"tagName":"p"},{"type":"text","content":"The offering is being made pursuant to a shelf registration statement on Form S-3 (File No. 333-291717) that was declared effective by the Securities and Exchange Commission ("S...