LGL Group launches $45M rights offering at $6.90/share, 3% discount to recent trading

Filed June 5, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

• high

  Company offering 6.55M shares at $6.90 each via transferable rights to shareholders of record as of June 4, 2026. Price represents 3% discount to 30-day average trading price. Maximum raise of approximately $45.2M.

  Item 8.01 verify on EDGAR →
• high

  Rights will trade on NYSE American under symbol 'LGL RT' starting June 5, 2026. Offering expires June 23, 2026, extendable up to 30 days. Shareholders can exercise, sell, or let rights expire.

  Item 8.01 verify on EDGAR →
• medium

  Record date shareholders who fully exercise basic rights can request additional shares via over-subscription privilege. Rights purchased in secondary market do not qualify for over-subscription.

  Item 8.01 verify on EDGAR →