LightPath Technologies, Inc. announced a public offering of its Class A common stock.
The offering includes an option for underwriters to purchase additional shares.
The company intends to use the proceeds for working capital and general corporate purposes.
Public Offering
Commencement of underwritten public offering of Class A common stock.
Underwriters
Canaccord Genuity and Craig-Hallum are acting as joint bookrunners.
Use of Proceeds
Proceeds from the offering will be used for working capital, investments, acquisitions, and general corporate purposes.
- The offering is subject to market conditions and regulatory approvals.
- LightPath's strategic move aims to strengthen its financial position and support future growth.
The proposed public offering reflects LightPath's commitment to strategic growth and financial stability in the optics and imaging systems sector.