Core Points - The LGL Group, Inc. announced that the warrants to purchase shares of its common stock, granted on November 16, 2020, are now exercisable until November 16, 2025 [1][2] - The warrants became exercisable after the average volume weighted average price (VWAP) exceeded $6.65 for 30 consecutive trading days, which occurred on March 4, 2025 [2] - The company encourages warrant holders to review the original Warrant Agreement and FAQs available on their website for further details [3] Company Overview - The LGL Group, Inc. is a holding company involved in services, merchant investment, and manufacturing activities, with a focus on precision time and frequency instruments through its subsidiary, Precise Time and Frequency, LLC [4][6] - Founded in 2002, Precise Time and Frequency operates from a facility in Wakefield, Massachusetts, and is recognized as a global producer of industrial electronic instruments [4] - The company has a long history dating back to 1928, originally incorporated as Lynch Glass Machinery Company, and has evolved through various business operations in precision engineering and manufacturing [5][6]
The LGL Group, Inc. Announces Achievement of Adjusted Target Trigger Price; Warrants Now Exercisable