LGL GROUP INC

The LGL Group, Inc. reported its third quarter 2026 financial results, with total revenues increasing by 32.1% year-over-year to $1.464 million. However, the company posted a net loss of $45,000 for the quarter, a significant decrease from the $772,000 net income reported in the third quarter of 2025. This change was primarily attributed to the reversal of a previously recorded uncertain tax position in 2025. The company also highlighted a substantial increase in its Electronic Instruments segment backlog and a strong rise in cash reserves following a rights offering.

LGL Group, Inc. reported a net loss of $45,000 for the third quarter of 2026, a sharp decline from a net income of $772,000 in the same period of 2025. The nine-month period ending September 30, 2026, also resulted in a net loss of $1,020,000, contrasting with a net income of $715,000 in the prior year. Despite the net loss, total revenues saw an increase to $1,464,000 in Q3 2026, primarily due to higher net investment income, and net sales also grew to $720,000. The company's cash position strengthened considerably, with cash and cash equivalents rising to $86,930,000 by the end of the quarter. Notably, the company reincorporated under the laws of the State of Nevada in September 2026.

The LGL Group, Inc. announced the successful completion of its previously announced transferable subscription rights offering, which expired on July 15, 2026. The offering raised approximately $41.8 million in gross proceeds and resulted in the issuance of 6,062,714 shares of Common Stock. With the capital raised, the company plans to advance a strategic model focused on Merchant Investing and Portfolio Operations, deploying capital across defense technology, precision timing, smart agriculture, and resilient infrastructure.

LGL Group announced the preliminary results of its transferable subscription rights offering, which expired on July 15, 2026. The offering successfully generated approximately $41.7 million in gross proceeds, with 92.2% of the shares subscribed. This capital infusion increases the company's pro forma cash, cash equivalents, and marketable securities to over $85 million, positioning LGL Group for strategic investments, acquisitions, and partnerships in key technology sectors.

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.

The LGL Group, Inc. announced an extension of its subscription rights offering expiration date. The offering, which allows shareholders to purchase common stock at $6.90 per share, will now expire on Wednesday, July 15, 2026, instead of the previously scheduled June 29, 2026. All other terms and conditions of the Rights Offering, including the subscription price and over-subscription privilege, remain unchanged.

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.

The LGL Group, Inc. announced a strategic investment in Skyline Instruments Corporation, a dual-use commercial and defense technology company specializing in precision timing and synchronized sensing infrastructure. LGL Group CEO Jason Lamb stated this investment aligns with their merchant investing strategy to support emerging technology companies, expand their industry network, and create pathways for future partnerships and acquisitions. Skyline CEO Kyle McKuhen noted the capital will accelerate growth, team expansion, and technology development, viewing LGL Group as a significant strategic partner.

The LGL Group, Inc. announced the commencement of its transferable subscription rights offering. Holders of record as of June 4, 2026, will receive one Right per share, entitling them to purchase one share of Common Stock at $6.90, a 3% discount to the 30-day VWAP. The offering, which includes an over-subscription privilege, is expected to raise approximately $45.2 million if fully subscribed. The Rights are expected to trade on the NYSE American under the symbol 'LGL RT' and expire on June 23, 2026, unless extended.

The LGL Group, Inc. filed an S-1MEF registration statement to register an additional 10,000 transferable subscription rights, allowing the purchase of up to 10,000 shares of common stock. This filing, effective immediately, accounts for shares issued since the prior S-1 registration statement became effective on May 28, 2026. The additional shares and rights are being registered under Rule 462(b) and represent no more than 20% of the maximum aggregate offering price of the original offering.