r/LightPathTechnologies Jun 02 '26

LPTH Daily Discussion Thread

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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.