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The LGL Group, Inc. Announces Extension of Previously Announced Subscription Rights Offering
Orlando, Florida--(Newsfile Corp. - June 26, 2026) - The LGL Group, Inc. (NYSE American: LGL) ("LGL Group" or the "Company") today announced that it has extended the expiration date of its subscription rights offering to purchase shares of LGL Group's common stock (the "Common Stock"), distributed on June 5, 2026 (the "Rights"), until 5:00 p.m., Eastern time, on Wednesday, July 15, 2026 (the "Rights Offering") to facilitate the administration of the Rights Offering. The Rights Offering was...
About this update from Lgl Group, Inc. (the)
Orlando, Florida--(Newsfile Corp. - June 26, 2026) - The LGL Group, Inc. (NYSE American: LGL) ("LGL Group" or the "Company") today announced that it has extended the expiration date of its subscription rights offering to purchase shares of LGL Group's common stock (the "Common Stock"), distributed on June 5, 2026 (the "Rights"), until 5:00 p.m., Eastern time, on Wednesday, July 15, 2026 (the "Rights Offering") to facilitate the administration of the Rights Offering. The Rights Offering was previously scheduled to expire on June 29, 2026. All other terms and conditions of the Rights Offering remain unchanged. Pursuant to LGL Group's prospectus, the Rights are being issued with the following features: All exercise notices and payments (including with respect to any exercise of a Rights holder's over-subscription privilege) must now be received by Computershare Trust Company, N.A. no later than 5:00 p.m., Eastern time, on Wednesday, July 15, 2026. Holders in street name should contact their broker, bank or other intermediary for information on how to exercise their Rights (including pursuant to any exercise of the Over-subscription privilege). Rights holders may exercise their Rights pursuant to the terms of a subscription rights certificate, the form of which was included as an exhibit to the Company's Registration Statement on Form S-1 (File No. 333-295925), effective May 28, 2026, on file with the U.S. Securities and Exchange Commission ("SEC"). The final prospectus for the Rights Offering may be reviewed here. About The LGL Group, Inc. The LGL Group, Inc. ("LGL Group" or the "Company") is a holding company engaged in services, merchant investment and manufacturing business activities. Precise Time and Frequency, LLC ("PTF") is a globally positioned producer of industrial Electronic Instruments and commercial products and services. Founded in 2002, PTF operates from the Company's design and manufacturing facility in Wakefield, Massachusetts. Lynch Capital International LLC is focused on the development of value through investments.
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