Craig-Hallum Capital Group Acts as Placement Agent in $100 Million Registered Direct Offering for LightPath Technologies, Inc.

Craig-Hallum Capital Group acted as placement agent to LightPath Technologies, Inc., a leading provider of next-generation optics and imaging systems, for the sale of 7,142,800 shares of common stock priced at $14 per share. Faegre Drinker provided legal advice to Craig-Hallum Capital Group for the offering which closed on June 3, 2026. Half of the shares were sold by LightPath Technologies in a primary offering, and half of the shares were sold by North Run Strategic Opportunities Fund I, LP in a secondary offering.