Welcome to our dedicated page for Lightwave Logic SEC filings (Ticker: LWLG), 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.
Lightwave Logic, Inc. filings document formal disclosures for a Nevada technology company developing proprietary electro-optic polymers and polymer-based optical modulator technology. Recent 8-K reports cover material definitive agreements, common-stock financing arrangements, public offering activity, amendments to sales agreements and termination of a prior equity purchase arrangement.
The company’s regulatory record also includes proxy materials for annual stockholder matters, executive appointments and compensation arrangements, Regulation FD investor-presentation disclosures, and an accounting non-reliance determination tied to previously issued interim financial statements. These filings describe governance, capital structure, reporting controls and securities-registration matters for the company’s common stock.
Lightwave Logic, Inc. announced a leadership change in its finance function. The Board appointed Snizhana “Ana” Quan as Principal Financial Officer and Principal Accounting Officer, effective January 6, 2026, following the previously announced retirement of former Chief Financial Officer and Chief Operating Officer James S. Marcelli as of December 31, 2025.
Quan, age 47, has been the company’s Corporate Controller since October 2023 and brings extensive experience in corporate accounting and SEC reporting from prior roles at Stolle Machinery Company, Frontier Airlines, NTT America, Western Union, and other firms, as well as early-career audit work at KPMG. The company states there are no special arrangements leading to her appointment, no family relationships with directors or executive officers, and no related-party transactions involving her that require disclosure.
Lightwave Logic, Inc. director El-Ahmadi Siraj Nour reported equity award activity and a related share sale. On December 31, 2025, 20,161 restricted stock units converted into the same number of common shares at an exercise price of $0.00, reflecting previously granted equity under the company’s incentive plans. The filing also shows a sale of 49,260 common shares at a weighted average price of $3.151 per share, described as covering tax obligations tied to 2025 equity vesting. After these transactions, the director directly held 99,535 shares of common stock. Footnotes explain that each RSU delivers one share on vesting and that remaining RSU tranches are subject to continued service and forfeiture if vesting conditions are not met.
Lightwave Logic, Inc. director Ronald A. Bucchi reported equity compensation activity involving restricted stock units and common stock. On December 31, 2025, 20,161 restricted stock units were settled into 20,161 shares of common stock at an exercise price of $0.00 per share, coded as an "M" transaction. Following this transaction, he beneficially owned 205,744 shares of common stock directly and 3,000 shares indirectly through his spouse.
The filing explains that each RSU converts into one share of common stock upon vesting and describes awards under the company’s 2016 and 2025 Equity Incentive Plans. One restricted stock award includes 23,511 shares of common stock, with 3,931 shares that vested on June 18, 2024 and the remainder vesting in 10 equal quarterly installments beginning July 1, 2024, subject to continued service. A separate 2025 RSU grant provides 20,162 RSUs that vested on July 15, 2025, 20,161 shares that vested on each of September 30, 2025 and December 31, 2025, and 20,161 shares scheduled to vest on March 31, 2026, also subject to continued service and forfeiture of unvested portions.
Lightwave Logic, Inc. completed an underwritten public offering of 11,666,667 shares of common stock at $3.00 per share, raising approximately $32.8 million in net proceeds. The company granted the underwriter a 30-day option to buy up to an additional 1,750,000 shares to cover over-allotments.
Lightwave Logic plans to use the cash for working capital and general corporate purposes, and may direct part of it to accelerating commercialization, expanding U.S. production capacity to support customer partnerships and design-ins, and pursuing potential mergers, acquisitions, or investments in complementary technologies or businesses, although it has no such agreements in place now.
As part of the deal, the underwriter received warrants to purchase up to 350,000 shares of common stock, plus up to 52,500 additional warrant shares if the over-allotment option is fully exercised, at an exercise price of $3.45 per share for five years.
Lightwave Logic, Inc. is offering 11,666,667 shares of common stock at $3.00 per share in a primary underwritten offering, for gross proceeds of $35,000,001 before expenses. The underwriter has a 30-day option to buy up to 1,750,000 additional shares and will receive five-year warrants equal to 3.0% of the shares sold, exercisable at $3.45 per share. Net proceeds are estimated at approximately $32.8 million and will be used for working capital and other general corporate purposes, with potential investments to accelerate commercialization, expand U.S. production capacity and pursue strategic mergers, acquisitions or complementary technologies or businesses. After the offering, shares outstanding are expected to be 145,430,625 if the over-allotment option is not exercised, and new investors face immediate dilution of $2.51 per share compared with the $3.00 offering price.
Lightwave Logic, Inc. is conducting a primary underwritten offering of its Nasdaq‑listed common stock to raise capital for its electro‑optic polymer platform business. The stock trades under the symbol “LWLG,” and the last reported sale price on December 12, 2025 was $4.15 per share.
The company develops proprietary Perkinamine electro‑optic polymers for high‑speed, low‑power optical modulators used in fiber‑optic data communications, telecom and AI‑driven data center networks. Net proceeds are earmarked for working capital and general corporate purposes, and may also be used to accelerate commercialization, expand U.S. production capacity to support customer partnerships and design‑ins, and pursue strategic acquisitions or technology investments, with no agreements currently in place.
The deal is led by Titan Partners, includes a 30‑day over‑allotment option and five‑year underwriter warrants tied to a percentage of shares sold. As of September 30, 2025, net tangible book value was about $37.2 million, or $0.28 per share, so the company warns of immediate and substantial dilution to new investors, further potential dilution from equity incentives and future financings, and notes it does not expect to pay cash dividends, meaning returns depend on share price appreciation.
Lightwave Logic, Inc. terminated its stock purchase arrangement with Lincoln Park Capital Fund, LLC that had allowed the company to sell up to $30 million of common stock over a 36-month term. The company delivered notice on December 12, 2025, with the termination effective on December 15, 2025, as permitted by the contract.
The Purchase Agreement, originally dated March 17, 2025, gave Lightwave Logic the right, but not the obligation, to direct Lincoln Park to buy shares from time to time and could be ended by the company for any reason with one business day’s notice. Certain provisions continue to apply after termination, as described in the original agreement.
Lightwave Logic (LWLG) filed its Q3 2025 10‑Q, showing modest net sales and continued investment in R&D as it advances electro‑optic polymer commercialization. Net sales were $29,166 for the quarter and $77,688 year‑to‑date. The company reported a net loss of $5,100,559 for the quarter, or $(0.04) per share.
Quarterly operating expenses included R&D $2,917,473 and G&A $2,290,839. Cash and cash equivalents were $34,942,070 as of September 30, 2025. Net cash used in operating activities was $10,436,426 for the nine months. The company noted expected expenditures of approximately $2,200,000 per month and stated its cash position finances operations through March 2027.
To support liquidity, during the quarter LWLG raised equity via its programs: 4,673,694 shares sold under the ATM for $13,870,294 in proceeds and 1,250,000 shares to an institutional investor for $2,318,505. Remaining capacities disclosed include $26,762,995 under the March 2025 purchase agreement and $12,235,261 under the ATM. Shares outstanding were 132,705,151 as of September 30, 2025.
Director Thomas M. Connelly Jr. reported equity activity in Lightwave Logic, Inc. (LWLG). On 09/30/2025 he was granted 20,161 restricted stock units (RSUs) under the 2025 Equity Incentive Plan (each RSU converts to one share on vesting), increasing his total beneficial ownership of common stock to 51,811 shares. The filing shows a sale of 6,000 shares on 10/02/2025 at $4.255 per share to cover tax obligations tied to RSU vesting, reducing his reported holdings to 45,811 shares. The RSU schedules include a prior restricted stock award of 11,488 shares vesting in eight quarterly installments beginning 10/01/2024, and the 2025 grant vesting in installments with 20,162 RSUs vesting on 07/15/2025 and additional tranches on 09/30/2025, 12/31/2025, and 03/31/2026. Unvested shares are subject to forfeiture.
Ronald A. Bucchi, a director of Lightwave Logic, Inc. (LWLG), reported transactions involving restricted stock units and common stock. On 09/30/2025 he was granted 20,161 RSUs under the 2025 Equity Incentive Plan; those RSUs vest in part on 07/15/2025 and in equal installments with 20,161 shares vesting on 09/30/2025, 12/31/2025, and 03/31/2026, subject to continued service. The Form 4 shows 23,511 shares previously issued under the 2016 plan and 3,931 restricted shares that vested on 06/18/2024, with remaining vesting schedules noted. On 10/02/2025 Mr. Bucchi disposed of 10,000 shares at a weighted average price of $3.967 to cover tax obligations from RSU vesting. Following the reported transactions, he beneficially owns 185,583 shares directly and 3,000 indirectly through his spouse, with 40,322 shares represented by outstanding RSUs.