LGL Group announces transferable subscription rights offering for common shares

LGL Group, Inc.

LGL Group, Inc.

LGL

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  • LGL Group board set a transferable subscription rights offering, issuing 1 right per common share held on record date.
  • Each right to buy 1 common share at subscription price not yet set, expected to be greater of 30-day VWAP discount of 1%-5% or $6.81 per share book value as of March 31, 2026.
  • Rights expected to trade on NYSE American; holders exercising full basic rights to get over-subscription privilege for any unsubscribed shares, subject to proration limits.
  • Company plans to file Form S-1 to register securities; rights offering to begin after registration statement becomes effective.


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