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LightPath Technologies slides after unveiling planned capital raise

ReutersDec 11, 2025 9:49 PM

Optics and imaging systems provider LightPath Technologies' LPTH.O shares fall 9% to $8.29 in extended trading

LPTH kicks off public offering of common stock; size not disclosed

Canaccord Genuity and Craig-Hallum are joint bookrunners for the offering

LPTH plans to use proceeds for working capital, investments, acquisitions, and general purposes

With 45.4 million outstanding shares, LPTH has a $400.7 million market cap, per LSEG data

All four brokerages covering the stock rate it "buy" or higher; median PT $10.50 - data compiled by LSEG

As of last close, LPTH stock up 158.4% YTD

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