Lantronix (LTRX) Announces Proposed Stock Offering, Size not Disclosed

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Lantronix Announces Proposed Public Offering of Common Stock

November 17, 2021 4:05 PM EST

IRVINE, Calif., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Lantronix, Inc. (NASDAQ: LTRX) (Lantronix), a global provider of secure turnkey solutions for Intelligent IT and the Internet of Things (IoT), today announced that it has commenced a proposed underwritten public offering to issue and sell shares of its common stock. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

TL Investment GmbH also expects to grant the... More