The LGL Group, Inc. Announces Extension of Warrant Expiration

Rhea-AI Summary

The LGL Group (NYSE American: LGL; LGL WS) announced its Board extended the expiration of warrants issued November 16, 2020 until 5:00 p.m. ET on December 16, 2025 (previously December 9, 2025).

The Warrants allow purchase of Common Stock at a $4.75 strike price, include an over-subscription privilege for holders who fully exercise, and provide that no fractional shares will be issued. All exercise notices and payments must be received by Computershare Trust Company, N.A. by the December 16, 2025 deadline. Holders in street name should contact their broker or intermediary for exercise procedures.

Positive

• Warrant expiry extended to Dec 16, 2025
• Exercise price set at $4.75 per share
• Over-subscription privilege available to exercising holders

Negative

• Potential share dilution if Warrants are exercised
• Short extension window may pressure holders to decide by Dec 16, 2025

News Market Reaction

-0.51%

1 alert

-0.51% News Effect

On the day this news was published, LGL declined 0.51%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

New warrant expiry: 5:00 p.m. ET, December 16, 2025 Prior warrant expiry: December 9, 2025 Warrant ratio: 5 Warrants per 1 share +2 more

5 metrics

New warrant expiry 5:00 p.m. ET, December 16, 2025 Extended expiration date for November 16, 2020 warrants

Prior warrant expiry December 9, 2025 Previous scheduled expiration for the same warrants

Warrant ratio 5 Warrants per 1 share Five (5) warrants required to purchase one share of Common Stock

Strike price $4.75 per share Exercise price to purchase Common Stock via warrants

Par value $0.01 per share Par value of LGL common stock referenced in the warrant terms

Market Reality Check

Price: $7.05 Vol: Volume 1,735 is well belo...

low vol

$7.05 Last Close

Volume Volume 1,735 is well below the 20-day average 8,604 (relative volume 0.2x). low

Technical Shares at $5.95 are trading below the 200-day MA $6.63 and 38.91% under the 52-week high.

Peers on Argus

Peers showed mixed moves, with names like ASTC up 6.58% and ELSE/WATT down, whil...

1 Up

Peers showed mixed moves, with names like ASTC up 6.58% and ELSE/WATT down, while only SVRE appeared in the momentum scan, rising 4.08% without news. This points to a stock-specific context for LGL rather than a broad sector move.

Historical Context

5 past events · Latest: Dec 03 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 03	Warrant extension	Neutral	-0.5%	Extended warrant expiration to December 16, 2025 with unchanged key terms.
Nov 13	Earnings update	Positive	+6.0%	Q3 2025 results showed higher net income and strong cash position.
Nov 06	Warrant extension	Neutral	+0.3%	Extended warrant expiration to December 9, 2025; terms and price unchanged.
Sep 18	Share repurchase	Positive	+4.0%	Announced $500k–$700k buyback and reiterated warrant terms and liquidity.
Jun 24	Regulatory update	Neutral	+4.1%	Form S-1 post-effective amendment effective; detailed warrant exercise timeline.

Pattern Detected

Recent corporate actions, including prior warrant extensions and a buyback, generally coincided with modestly positive or stable price reactions, suggesting the stock has often aligned with the neutral-to-positive nature of these updates.

Recent Company History

Over the last six months, LGL has focused on warrant administration, capital returns, and incremental growth. Multiple releases in 2025 detailed extensions of November 2020 warrants, maintaining a $4.75 exercise price and a 5-for-1 structure, alongside SEC filings confirming these terms. A September 18, 2025 update introduced a $500,000–$700,000 repurchase program and reiterated strong liquidity. Q3 2025 earnings on November 13 showed improved profitability and meaningful cash and securities. Today’s warrant-expiration extension continues this pattern of managing existing securities rather than signaling a shift in core operations.

Market Pulse Summary

This announcement extended the expiration of warrants first granted in November 2020 to December 16,...

Analysis

This announcement extended the expiration of warrants first granted in November 2020 to December 16, 2025 while keeping the $4.75 strike price and 5-for-1 warrant ratio unchanged. It follows earlier 2025 communications detailing warrant mechanics, repurchase plans, and improving profitability. Investors may watch actual warrant exercise levels, future capital-return actions, and subsequent earnings reports to assess how this extension interacts with LGL’s cash balance and share-count trajectory.

Key Terms

warrants, strike price, over-subscription privilege, warrant agreement, +1 more

5 terms

warrants financial

"extended the expiration of the warrants to purchase shares of LGL Group's common stock"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

strike price financial

"Common Stock can be purchased at a strike price of $4.75 per share"

The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.

over-subscription privilege financial

"Over-subscription privilege available to Warrant holders who exercise their Warrants in full"

An over-subscription privilege is a feature of a share offering that lets existing investors request more shares than their initial entitlement, with any extra allocation given only if other investors do not take their full allotment. It matters because it gives shareholders a chance to increase their stake and avoid losing ownership percentage, much like ordering extra slices at a party in case others pass—however, receiving the extras is not guaranteed.

warrant agreement financial

"on the terms and subject to the conditions set forth in the Warrant Agreement, as amended"

A warrant agreement is the legal document that lays out the rules for stock warrants — special certificates that let their holder buy company shares at a set price within a certain time. It explains how and when warrants can be exercised, transferred, changed, or canceled, and what happens to them if the company raises money or is sold; investors care because these terms affect potential future ownership, dilution of shares, and the real value of the warrants.

par value financial

"shares of LGL Group's common stock, par value $0.01 per share"

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

AI-generated analysis. Not financial advice.

Orlando, Florida--(Newsfile Corp. - December 3, 2025) - The LGL Group, Inc. (NYSE American: LGL) (NYSE American: LGL WS) ("LGL Group" or the "Company") today announced that its Board of Directors has extended the expiration of the warrants to purchase shares of LGL Group's common stock, par value $0.01 per share (the "Common Stock"), granted on November 16, 2020 (the "Warrants"), until 5:00 p.m. Eastern Time on Tuesday December 16, 2025. The Warrants were previously scheduled to expire on December 9, 2025. All other terms and conditions of the Warrants remain unchanged.

The Warrants contain the following terms:

• Five (5) Warrants to purchase one (1) share of Common Stock;

• Common Stock can be purchased at a strike price of $4.75 per share;

• Over-subscription privilege available to Warrant holders who exercise their Warrants in full, whereby such Warrant holder subscribes for any or all of the shares issuable pursuant to any unexercised Warrants on the terms and subject to the conditions set forth in the Warrant Agreement, as amended; and

• No fractional shares will be issued.

All exercise notices and payments (including with respect to any exercise of a Warrant holder's over-subscription privilege) must be received by Computershare Trust Company, N.A. no later than 5:00 p.m. Eastern Time on Tuesday December 16, 2025. Holders in street name should contact their broker, bank, or other intermediary for information on how to exercise Warrants (including pursuant to any exercise of the over-subscription privilege).

For further details, Warrant holders are encouraged to review the Warrant Agreement, the FAQ on our website at www.lglgroup.com/WarrantFAQ, or contact info@lglgroup.com. The information contained on, or that can be accessed through, our website is not part of this press release or any filing with the Securities and Exchange Commission; we have included this website address solely as an inactive textual reference.

About The LGL Group, Inc.

The LGL Group, Inc. ("LGL," "LGL Group," or the "Company") is a holding company engaged in services, merchant investment and manufacturing business activities. Precise Time and Frequency, LLC ("PTF") is a globally positioned producer of industrial Electronic Instruments and commercial products and services. Founded in 2002, PTF operates from our design and manufacturing facility in Wakefield, Massachusetts. Lynch Capital International LLC is focused on the development of value through investments.

LGL Group was incorporated in 1928 under the laws of the State of Indiana, and in 2007, the Company was reincorporated under the laws of the State of Delaware as The LGL Group, Inc. We maintain our executive offices at 2525 Shader Road, Orlando, Florida 32804. Our telephone number is (407) 298-2000. Our Internet address is www.lglgroup.com. LGL Group common stock and warrants are traded on the NYSE American under the symbols "LGL" and "LGL WS," respectively.

LGL Group's business strategy is primarily focused on growth through expanding new and existing operations across diversified industries. The Company's engineering and design origins date back to the early 1900s. In 1917, Lynch Glass Machinery Company ("Lynch Glass"), the predecessor of LGL Group, was formed and emerged in the late 1920s as a successful manufacturer of glass-forming machinery. Lynch Glass was then renamed Lynch Corporation ("Lynch") and was incorporated in 1928 under the laws of the State of Indiana. In 1946, Lynch was listed on the "New York Curb Exchange," the predecessor to the NYSE American. The Company has a had a long history of owning and operating various business in the precision engineering, manufacturing, and services sectors.

###

Contact:

The LGL Group, Inc.
info@lglgroup.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276744

FAQ

What change did LGL (NYSE: LGL) announce about warrant expiration on December 3, 2025?

LGL extended the warrant expiration to 5:00 p.m. ET on December 16, 2025 from the prior date of December 9, 2025.

What is the strike price for LGL warrants that expire December 16, 2025?

The warrants can be exercised at a strike price of $4.75 per share.

How many shares does each set of LGL Warrants permit purchasing?

The Warrants contain terms of five (5) warrants to purchase one (1) share of common stock as described in the warrant terms.

How do LGL warrant holders exercise their Warrants before the December 16, 2025 deadline?

Exercise notices and payments must be received by Computershare Trust Company, N.A. by 5:00 p.m. ET on December 16, 2025; holders in street name should contact their broker or intermediary.

Does LGL offer any over-subscription rights for warrants expiring December 16, 2025?

Yes; holders who exercise in full have an over-subscription privilege to subscribe for available unexercised shares on the Warrant Agreement terms.