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

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Lantronix Prices Underwritten Offering of Common Stock

November 18, 2021 8:03 AM EST

IRVINE, Calif., Nov. 18, 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 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... More