Rights IssueJun 17, 2026, 05:31 PM
LGL Group Extends Rights Offering Expiration to June 29
AI Summary
The LGL Group, Inc. announced an extension of its subscription rights offering, moving the expiration date from June 23, 2026, to June 29, 2026, at 5:00 p.m. Eastern time. This extension aims to facilitate the administration of the offering. All other terms and conditions, including the subscription price of $6.90 per share and the over-subscription privilege, remain unchanged.
Key Highlights
- LGL Group extended the expiration date of its subscription rights offering.
- New expiration date for the Rights Offering is Monday, June 29, 2026, at 5:00 p.m. Eastern time.
- The Rights Offering was previously scheduled to expire on Tuesday, June 23, 2026.
- Subscription price remains unchanged at $6.90 per share.
- One Right allows purchase of one share of Common Stock.
- Over-subscription privilege is available to shareholders who fully exercise their basic Rights.
Price Impact
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