The LGL Group, Inc. announced the extension of the expiration date for warrants to purchase shares of its common stock.
The warrants, originally set to expire on December 9, 2025, have been extended until December 16, 2025.
All other terms and conditions of the warrants remain unchanged.
Warrant Extension
The expiration date for warrants to purchase LGL Group's common stock extended to December 16, 2025.
Terms of Warrants
Each warrant allows the purchase of one share of common stock at a strike price of $4.75 per share.
Over-Subscription Privilege
Warrant holders can subscribe for additional shares if exercising warrants in full, subject to the terms in the agreement.
- The extension allows warrant holders more time to consider and exercise their options, potentially influencing the stock's trading volume.
- The revised expiration date may impact market sentiment and lead to increased trading activities related to LGL Group's stock.
The extension of the warrant expiration deadline provides investors with additional flexibility and may contribute to heightened market activity around LGL Group's common stock.