Rights IssueJun 26, 2026, 05:31 PM
LGL Group Rights to Trade on OTC Markets Under 'LGLGR'
AI Summary
The LGL Group, Inc. announced that its transferable subscription rights, part of an ongoing Rights Offering, will now be quoted and traded on the OTC Markets under the ticker symbol "LGLGR". Trading is set to begin at market open on Monday, June 29, 2026. All other terms of the Rights Offering, including the $6.90 per share subscription price and the July 15, 2026 expiration date, remain unchanged.
Key Highlights
- Transferable subscription rights will now be quoted and traded on OTC Markets.
- Rights will trade under the ticker symbol "LGLGR" starting June 29, 2026.
- The subscription price for shares remains $6.90 per share.
- The Rights Offering expires on July 15, 2026.
- One Right allows purchase of one share of common stock.
- Over-subscription privilege is available to rights holders.
Price Impact
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