LightPath Technologies, Inc.

Canaccord Genuity Acted as Joint Bookrunner to LightPath Technologies, Inc. on its $69.1 Million Public Offering

Canaccord Genuity is pleased to announce that on December 15th, 2025, its client, LightPath Technologies, Inc. (“LightPath” or the “Company”) (Nasdaq: LPTH), a leading provider of next-generation optics and imaging systems for both defense and commercial applications, announced the closing of an underwritten offering of 8,912,500 shares of common stock, which includes the full exercise of the underwriters’ option to purchase an additional 1,162,500 shares of common stock, at a public offering price of $7.75 per share. Canaccord Genuity acted as joint bookrunner for the offering. 

The total gross proceeds to LightPath Technologies, Inc. from this offering were $69.1 million. LightPath intends to use the net proceeds from the offering for working capital, investments, acquisitions, and general corporate purposes. 

LightPath Technologies, Inc. (NASDAQ: LPTH) is a leading provider of next-generation optics and imaging systems for both defense and commercial applications. As a vertically integrated solutions provider with in-house engineering design support, LightPath's family of custom solutions range from proprietary BlackDiamond™ chalcogenide-based glass materials - sold under exclusive license from the U.S. Naval Research Laboratory - to complete infrared optical systems and thermal imaging assemblies. The Company's primary manufacturing footprint is located in Orlando, Florida with additional facilities in Texas, New Hampshire, Latvia and China.