[SCHEDULE 13G/A] Lightpath Technologies Inc SEC Filing

Rhea-AI Filing Summary

Schedule 13G/A disclosures show that Leviticus Partners LP (with AMH Equity LLC as an affiliated reporting entity) reports beneficial ownership of 2,057,069 shares of LightPath Technologies Inc common stock, representing 4.8% of the class. The filing states the reporting persons have sole voting and dispositive power over these shares and that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control. Leviticus Partners accounts for the bulk of the position with 1,977,069 shares while AMH Equity holds 80,000 shares.

Insights

Financial Analyst

TL;DR: Passive 4.8% stake signals a meaningful minority holding but stays below the 5% reporting threshold for activist intent.

The reported 2,057,069-share position is large enough to warrant investor attention as a concentrated minority stake yet remains below 5% of the class, which supports the filer\'s certification that the stake is held in the ordinary course and not to influence control. Sole voting and dispositive power implies clear control of voting decisions by the reporting persons, increasing the practical significance of the position despite its sub-5% size.

Corporate Governance Expert

TL;DR: Ownership structure grants the filer unilateral voting control over reported shares but lacks scale to force governance changes.

The disclosure of sole voting and dispositive authority for all reported shares simplifies governance impact analysis: the reporting persons can direct votes for their entire disclosed position. However, at 4.8% of the class this stake is unlikely to be dispositive in most shareholder votes absent wider coalition-building. The explicit certification that shares are not held to change control reduces regulatory and market concerns about an imminent activist campaign.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

LIGHTPATH TECHNOLOGIES INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

532257805

(CUSIP Number)

08/13/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 532257805

1

Names of Reporting Persons

Leviticus Partners LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,977,069.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,977,069.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,057,069.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.8 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. 532257805

1

Names of Reporting Persons

AMH Equity LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 80,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 80,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,057,069.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.8 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: LIGHTPATH TECHNOLOGIES INC
(b)	Address of issuer's principal executive offices: 2603 CHALLENGER TECH CT, 2603 CHALLENGER TECH CT, ORLANDO, NEW JERSEY, 32826
Item 2.
(a)	Name of person filing: Adam M Hutt
(b)	Address or principal business office or, if none, residence: 32 Old Mill Road Great Neck, NY 11023
(c)	Citizenship: USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 532257805
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 2,057,069
(b)	Percent of class: 4.8%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,057,069
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,057,069
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Leviticus Partners LP

Signature:	Adam M Hutt
Name/Title:	Managing Member
Date:	08/14/2025

AMH Equity LLC

Signature:	Adam M Hutt
Name/Title:	Managing Member
Date:	08/14/2025