Welcome to our dedicated page for Lightpath Technologies SEC filings (Ticker: LPTH), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
LightPath Technologies, Inc. filings document operating results, material events, governance votes, acquisitions, and capital-structure disclosures for an optics and imaging systems manufacturer. Form 8-K reports include quarterly financial results, Regulation FD investor presentations, annual meeting voting results, and material agreement disclosures.
The filing record also documents completed acquisition activity, including pro forma financial information for G5 Infrared, and disclosures involving Class A common stock, Series G preferred stock, acquisition earnout liabilities, infrared cameras, assemblies, BlackDiamond optical solutions, and manufacturing capacity.
North Run Strategic Opportunities Fund I and its affiliates report beneficial ownership of 6,717,376 LightPath Technologies Class A shares, about 9.6% of the outstanding stock based on 62,789,407 shares as of May 4, 2026 plus later issuances.
Recent activity includes open-market sales of 83,052, 45,000 and 165,000 shares on May 12–14, 2026 at weighted average prices around $12.16–$12.29 per share. On June 2, 2026, the fund converted 7,678.51 Series G Convertible Preferred shares into 3,571,400 common shares at a $2.15 conversion price.
In a registered secondary offering that closed June 3, 2026, North Run sold 3,571,400 shares at $14.00 per share to purchasers under a securities purchase agreement, receiving net proceeds of about $47.75 million after placement agent fees.
North Run Strategic Opportunities Fund I, LP, a major holder of LightPath Technologies, converted preferred stock into common shares and then sold a large block. On June 2, 2026, the reporting persons converted 7,678.51 shares of Series G Convertible Preferred Stock into 3,571,400 shares of Class A Common Stock at a conversion price of $2.15 per share with no cash paid. On June 3, 2026, North Run Strategic Opportunities Fund I, LP sold those 3,571,400 common shares in a registered secondary offering at $14.00 per share, an open-market sale attributed to the fund. After the transactions, the fund still indirectly holds 2,934,828 shares of Class A Common Stock and 6,493.08 shares of the preferred stock, which is described as perpetual with no expiration date.
LightPath Technologies is offering 3,571,400 shares of Class A common stock at $14.00 per share. The prospectus supplement also registers a resale of 3,571,400 shares by a selling stockholder at $14.00 per share.
The company expects net proceeds from the primary offering of approximately $47.0 million after placement agent fees; the placement agent fee is 4.5%. Delivery of shares is expected on or about June 3, 2026. The company will not receive proceeds from the selling stockholder’s resale. Shares outstanding after the offerings are stated as 69,932,207.
LightPath Technologies, Inc. is offering 3,571,400 shares of Class A common stock at $14.00 per share in a primary placement, while a selling stockholder is concurrently reselling 3,571,400 shares at the same price.
The primary sale is expected to yield approximately $47.0 million in net proceeds to the company, after placement agent fees; the company will not receive proceeds from the selling stockholder’s resale. Delivery is expected on or about June 3, 2026. The offering is being conducted with Craig-Hallum as sole placement agent under a reasonable best efforts placement agency agreement, and shares will trade on Nasdaq under the symbol LPTH.
LightPath Technologies entered into a securities purchase agreement for a registered direct offering of 7,142,800 shares of Class A common stock at $14.00 per share. The company sold 3,571,400 primary shares, generating gross proceeds of approximately $50.0 million and estimated net proceeds of about $47.0 million for working capital, investments, acquisitions and general corporate purposes.
An additional 3,571,400 secondary shares were sold by North Run Strategic Opportunities Fund I, LP, from which the company will not receive proceeds. Craig-Hallum Capital Group LLC acted as sole placement agent and will receive a 4.5% cash fee on gross proceeds to both the company and the selling stockholder. The agreements include 60-day lock-up arrangements and restrictions on new equity issuance and variable rate transactions following closing.
North Run Strategic Opportunities Fund I, LP, a major holder of LightPath Technologies, reported an open-market sale of Class A Common Stock. The fund sold 55,284 shares on May 18, 2026 at a weighted average price of $12.32 per share, with individual trades ranging from $12.3102 to $12.521. Following this transaction, the filing shows 2,934,828 shares of Class A Common Stock indirectly owned. The shares are held by the fund and may be deemed indirectly beneficially owned by its general partner, North Run Strategic Opportunities Fund I GP, LLC, and by members Thomas B. Ellis and Todd B. Hammer.
North Run Strategic Opportunities Fund I and related reporting persons filed Amendment No. 4 to their Schedule 13D on LightPath Technologies, updating their ownership and recent trading activity. They report beneficial ownership of 10,319,347 shares, representing 14.7% of LightPath’s Class A common stock, based on 62,789,407 shares outstanding as of May 4, 2026.
This stake consists of 2,990,112 common shares and 7,329,235 shares issuable upon conversion of 14,171.6 shares of Series G Convertible Preferred Stock. The fund details multiple open-market sales between March 17 and May 14, 2026 at prices around $12 per share, and notes a March 25, 2026 conversion of 1,591 Series G Preferred shares into 740,000 common shares at a conversion price of $2.15 per share.
North Run Strategic Opportunities Fund I, LP, a major holder of LightPath Technologies Class A common stock, reported a series of open-market sales. Over May 12–14, 2026, the fund sold a total of 293,052 shares at weighted average prices around $12 per share.
After these transactions, the filing shows the fund holding 2,990,112 shares indirectly. The shares are directly held by the fund and may be deemed indirectly beneficially owned by its general partner and by Thomas B. Ellis and Todd B. Hammer as members of that general partner entity.
LightPath Technologies’ quarter ended March 31, 2026 showed rapid growth but continued losses. Revenue reached $19.1 million, up from $9.2 million a year earlier, and nine‑month revenue rose to $50.6 million from $25.0 million, driven by infrared and assemblies businesses.
The company reported a quarterly net loss of $4.1 million and a nine‑month loss of $16.4 million, affected by higher operating expenses and a $12.2 million non‑cash charge from remeasuring acquisition earnout liabilities. Despite losses, cash and cash equivalents jumped to $55.2 million, helped by a $65.2 million public equity raise and additional private equity.
LightPath completed the Amorphous Materials asset acquisition for preliminary consideration of about $9.2 million, including up to $3.0 million in contingent stock payments. It also continues integrating G5 Infrared, where total consideration is about $27.1 million plus up to $23.0 million in earnouts, with the first earnout already paid in cash and stock.
LightPath Technologies reported strong growth for its fiscal third quarter ended March 31, 2026. Revenue rose 109% year over year to $19.1 million, while gross profit increased 161% to $7.0 million, lifting gross margin from 29% to 36%.
The company still posted a GAAP net loss of $4.1 million, or $0.07 per share, largely influenced by a $3.4 million fair value increase in acquisition earnout liabilities. Excluding non‑cash and one‑time items, adjusted EBITDA improved to $1.1 million from a loss of $1.6 million.
LightPath highlighted a record order backlog of $110.6 million, up 196% from June 30, 2025, driven by assemblies and modules revenue, which grew 355% to $8.4 million. Cash and cash equivalents reached $55.2 million, supported by equity financings and warrant exercises, giving the company resources to integrate recent acquisitions and pursue its growth strategy in defense and commercial optics.