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

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Lantronix (LTRX) Prices 4.7M Share Offering at $7.50/sh

November 18, 2021 8:07 AM EST

Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure turnkey solutions for Intelligent IT and the Internet of Things (IoT), today announced the pricing of an underwritten public offering of 4,700,000 shares of its common stock at a price to the public of $7.50 per share.

TL Investment GmbH has granted the underwriters a 30 day option to purchase up to 705,000... More