Patrick Huvane, EVP – Business Development of LGL Group, exercised 8,621 Subscription Rights in a rights offering on July 15, 2026, acquiring 8,621 shares of common stock at $6.90 per share. He also acquired 1,000 additional shares under the Over-Subscription Privilege, all held directly.
The LGL Group, Inc. completed its previously announced transferable subscription rights offering, issuing 6,062,714 shares of common stock and raising approximately $41.8 million in gross proceeds before expenses. The rights offering ran from June 8, 2026 to July 15, 2026.
On a pro forma basis using March 31, 2026 figures, cash, cash equivalents and marketable securities would be $88.5 million and book value attributable to common stockholders $86.3 million, with about 12.6 million shares outstanding. LGL plans to advance a strategic model centered on Merchant Investing and portfolio operations, selectively deploying capital across defense technology, precision timing and frequency, smart agriculture, resilient infrastructure and other critical and dual-use technologies.
Mario Gabelli and affiliated entities updated their beneficial ownership in LGL Group Inc. following completion of the company’s July 16, 2026 rights offering. The reporting group now beneficially owns 2,634,758 shares of common stock, representing 20.92% of 12,592,466 shares outstanding.
Key holders include GGCP with 1,144,648 shares (9.09%), Mario Gabelli with 1,292,596 shares (10.26%), Gabelli Foundation with 160,304 shares (1.27%), and GAMCO Asset Management with 37,210 shares (0.29%). On July 16, 2026 these entities purchased additional shares at $6.9000 per share under the subscription rights offering, using an aggregate of approximately $10,416,772 of client, working-capital and personal funds since the prior ownership report.
Mario J. Gabelli, a more-than-10% shareholder of LGL Group Inc., reported exercising subscription rights on July 16, 2026 to acquire 572,324 shares of common stock indirectly through GGCP, Inc. and 621,928 shares directly at $6.90 per share. The corresponding subscription rights were fully exercised, leaving direct holdings of 1,292,596 shares and indirect holdings of 1,144,648 shares, with Gabelli disclaiming beneficial ownership of GGCP-held shares beyond his pecuniary interest.
The LGL Group, Inc. reported preliminary results for its transferable subscription rights offering, indicating subscriptions for 92.2% of the shares issuable under the offering. Based on preliminary tallies, investors subscribed for 6,042,031 shares of common stock at $6.90 per share, generating approximately $41.7 million in gross proceeds.
The company states that this funding increases pro forma cash, cash equivalents and marketable securities to over $85 million, supporting plans to pursue selective investments, acquisitions and partnerships in defense technology, precision timing and frequency, resilient infrastructure and related areas. Results remain preliminary, exclude subscriptions via notices of guaranteed delivery, and are subject to final verification, possible proration and closing, which LGL expects on or about July 24, 2026.
The LGL Group, Inc. announced that transferable subscription rights from its ongoing rights offering will begin trading on the OTC Markets under the symbol LGLGR starting June 29, 2026. These rights allow holders to purchase common stock at a subscription price of $6.90 per share.
The rights offering, which commenced on June 8, 2026, is scheduled to expire at 5:00 p.m. Eastern time on July 15, 2026. Rights holders must submit exercise notices and payments to Computershare Trust Company, N.A., and street-name holders are directed to work through their brokers or other intermediaries.
The LGL Group, Inc. has extended the expiration date of its subscription rights offering to purchase common stock. Holders may now exercise their rights until 5:00 p.m. Eastern time on July 15, 2026, instead of the prior June 29, 2026 deadline.
The subscription price remains $6.90 per share, and all other terms and conditions of the rights offering, including any over-subscription privilege, are unchanged. Rights were originally distributed on June 5, 2026, and exercises must be received by Computershare Trust Company, N.A. by the new deadline.
The LGL Group, Inc. filed a current report describing a new strategic investment in Skyline Instruments Corporation, a dual-use commercial and defense technology company. Skyline develops precision timing and synchronized sensing systems for environments where GPS is fragile, contested, or unavailable.
LGL Group’s CEO says the investment fits the company’s merchant investing strategy, supporting emerging technologies that align with its long-term vision and may create pathways for future partnerships, acquisitions, and value creation. The press release also includes standard forward-looking statement disclaimers referencing existing risk factors in LGL Group’s SEC filings.
The LGL Group, Inc. has extended the expiration date of its subscription rights offering to purchase common stock to 5:00 p.m. Eastern time on Monday, June 29, 2026. The Rights Offering was previously scheduled to expire on June 23, 2026, and the subscription price remains $6.90 per share.
The transferable rights were distributed on June 5, 2026, and may be exercised, including any over-subscription privilege, by delivering notices and payments to Computershare Trust Company, N.A. by the new deadline. Holders in street name are instructed to work through their brokers or other intermediaries under the terms described in the company’s effective Form S-1 prospectus.
LGL GROUP INC insider Mario J. Gabelli reported activity involving common stock and related subscription rights. He sold 10,342 subscription rights at $0.012 per right. Each right allows the purchase of common stock at an exercise price of $6.90 per share until June 23, 2026.
After this sale, he holds 660,326 subscription rights directly, linked to the same exercise price and expiration. He also reports 670,668 common shares held directly and 572,324 common shares held indirectly through GGCP, Inc. A footnote states these indirect shares are owned by GGCP, where he is a co-CEO, director and controlling shareholder, and he disclaims beneficial ownership beyond his pecuniary interest.