The LGL Group extended the expiration date of its subscription rights offering to facilitate administration, moving the deadline to June 29, 2026. The offering allows holders to purchase shares of the company's common stock at a subscription price of $6.90 per share. The rights were originally distributed on June 5, 2026, and were previously set to expire on June 23, 2026.

All other terms and conditions of the rights offering remain unchanged. The extension impacts the deadline for exercise notices and payments, which must now be received by Computershare Trust Company, N.A. by 5:00 p.m., Eastern time, on the new expiration date.

Key Terms of the Offering

The rights offering is governed by the company's prospectus, filed with the U.S. Securities and Exchange Commission (SEC). The specific terms available to shareholders are detailed below:

Holders of shares in street name must contact their broker, bank, or other intermediary to exercise their rights or utilize the over-subscription privilege. The rights offering is based on a registration statement on Form S-1 (File No. 333-295925), which became effective on May 28, 2026.

The LGL Group operates as a holding company with business activities in services, merchant investment, and manufacturing. Its common stock is traded on the NYSE American under the symbol "LGL."