The LGL Group, Inc. announced on June 24, 2025, that the Post-Effective Amendment to Form S-1 (No. 333-158319) was declared effective by the Securities and Exchange Commission (SEC). This regulatory approval is a key step in the process for warrant holders to exercise their rights.
With the amendment now effective, warrant holders may exercise their warrants under the Basic Warrant Exercise Rights. The warrants allow for the purchase of common stock at an exercise price of $4.75 per share, with five warrants required to purchase one share.
Furthermore, the Over-Subscription Period, which allows warrant holders to subscribe for any unsubscribed shares, is set to begin from October 16, 2025, and will conclude on November 17, 2025. This provides an additional opportunity for capital generation for the company.
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