North Run Strategic Opportunities Fund I, LP bought LPTH
June 2, 2026 · Form 4 insider transaction
North Run Strategic Opportunities Fund I, LP bought 3,571,400 shares of LightPath Technologies, Inc. at $2.15 per share, a transaction worth $7.68M. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On June 2, 2026, the reporting persons converted 7,678.51 shares of the Issuer's Series G Convertible Preferred Stock into 3,571,400 shares of Class A Common Stock at a conversion price of $2.15 per share. No cash consideration was paid in connection with the conversion.; The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC.