Lantronix: Strider Capital reports 5.5% stake
Strider reported zero sole and shared voting power, while its advisory clients are entitled to dividends and sale proceeds from their accounts.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Lantronix Inc. was the subject of a beneficial-ownership report by Strider Capital LLC, which reported 2,552,359 shares, or 5.5% of the common stock. Strider reported sole dispositive power over those shares and zero sole or shared voting power.
The shares are held in separately managed accounts for Strider’s advisory clients, who have the right to receive dividends and sale proceeds from their respective accounts. Strider stated that, to its knowledge, no single client has those rights with respect to more than 5% of the class.
Key Figures
Key Terms
beneficially owned financial
dispositive power financial
separately managed accounts financial
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AI-generated analysis. How Rhea-AI works. Not financial advice.