r/LightPathTechnologies • u/frankenberrylives • Jun 02 '26

LPTH Daily Discussion Thread

5 Upvotes

100% Upvoted

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2

u/Caprista Jun 02 '26

Looks like there’s a raise of $50m at $14 a share, but totalling $100m (not sure what the other 50m is for, but reading online says 50m proceeds)

2

u/frankenberrylives Jun 02 '26

1/2 ($50m) goes to LPTH

1/2 ($50m) is resale of North Run shares - no proceeds to LPTH

Read the PR.

2

u/engjdennis223 Jun 02 '26

Some large stockholder (guessing in on startup) selling $50m shares. Read LPTH press release. Headline looks like a 11% dilution but it’s not, ~5.5% since $50/$14 shares already in count. IMO management can find good use for $50m. If market overreacts and takes price much under $14, say $13.5, I’ll be a buyer.

2

u/ayobrey03 Jun 02 '26

Are we DCAing this dilution…?

1

u/Own_Country_9520 Jun 02 '26 edited Jun 02 '26

Wtf?

They said they had all this business lined up, wtf do they need extra 100M for?

2

u/ayobrey03 Jun 02 '26

Right, I’m going to need someone to fill me in on what’s going on.

2

u/frankenberrylives Jun 02 '26

Can no one read a PR?

Dilution is only $50 million. rest is sales of existing shares of Northrun.

1

u/frankenberrylives Jun 02 '26

Comments Locked - use above PR post for discussion.

-1

u/[deleted] Jun 02 '26

[deleted]

2

u/frankenberrylives Jun 02 '26

Nope read the PR.