The LGL Group, Inc. announced the extension of the expiration of warrants to purchase shares of the Company's common stock.
The warrants, granted on November 16, 2020, will now expire on December 31, 2025, at 5:00 p.m. Eastern Time.
Trading of the warrants will be suspended prior to the markets opening on December 30, 2025.
Extended Warrant Expiration
The Company extended the expiration of warrants for purchasing common stock from the original date to December 31, 2025.
NYSE American Listing
The LGL Group, Inc. is listed on the NYSE American under the symbols "LGL" for common stock and "LGL WS" for warrants.
Business Activities
LGL Group is engaged in services, merchant investment, and manufacturing activities, with Precise Time and Frequency, LLC (PTF) being a key subsidiary.
- The extension of the warrant expiration provides investors with more time to consider purchasing shares, potentially impacting trading volumes.
- The announcement showcases the Company's adherence to regulatory procedures and commitment to transparency, enhancing investor confidence.
The LGL Group, Inc.'s decision to extend the warrant expiration demonstrates a strategic move to provide investors with additional time and align with regulatory standards, contributing to a transparent and investor-friendly environment.