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The LGL Group, Inc. Announces Extension of Warrant Expiration
Newsfileยท 2025-11-06 21:32
Core Viewpoint - The LGL Group, Inc. has announced an extension of the expiration date for its warrants to purchase common stock until December 9, 2025, allowing holders additional time to exercise their rights [1]. Company Overview - The LGL Group, Inc. is a holding company involved in services, merchant investment, and manufacturing activities, with a focus on precision engineering and industrial electronic instruments [4][6]. - The company was incorporated in 1928 and has a long history in the precision engineering and manufacturing sectors, evolving from its origins in glass-forming machinery [5][6]. Warrant Details - The warrants allow holders to purchase one share of common stock at a strike price of $4.75 per share, with an over-subscription privilege available for those who fully exercise their warrants [7]. - All exercise notices and payments must be received by Computershare Trust Company by 5:00 p.m. Eastern Time on December 9, 2025 [2].