Monitor periodic filings for actual ATM sales; increased share count over time may pressure stock price. The program is discretionary, so no immediate impact until sales commence.
Price Chart
Executive Summary
Lantronix entered into an at-the-market (ATM) equity offering program with Needham & Company and Canaccord Genuity to sell up to $30M of common stock. The program provides flexible capital-raising capacity for working capital and strategic initiatives, including unmanned systems, but introduces potential dilution of approximately 13% of current market cap at the current stock price.
Key Facts
- ATM program up to $30M aggregate offering price
- Sales agents: Needham & Company and Canaccord Genuity
- Commission: 3% of gross proceeds
- Use of proceeds: working capital, general corporate purposes, strategic initiatives including unmanned systems
- Stock price on May 7, 2026: $5.83 per share
- Shares outstanding as of March 31, 2026: 39,816,930
Financial Impact
Potential dilution of ~13% of market cap ($231M) if fully drawn; $30M at ~$5.83/share would add ~5.15M shares
Risk Factors
- Potential dilution to existing shareholders
- Continuous at-the-market sales could create downward price pressure
- Uncertainty about timing and amount of actual sales
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (LTRX) — Batch item 1 | 0001683168-26-003615 |
| Document: lantronix_8k.htm | 0001683168-26-003614 |
| Document: lantronix_ex0501.htm | 0001683168-26-003615 |
| Document: 0001683168-26-003615-index-headers.html | 0001683168-26-003615 |
| Document: 0001683168-26-003615-index.html | 0001683168-26-003615 |
| Document: 0001683168-26-003615.txt | 0001683168-26-003615 |
| 424B5 Filing (LTRX) — Batch item 7 | 0001683168-26-003614 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 5d ago | Press Release | $5.61 | awaiting T+20 | — | $5.83 (+3.92%) |
Oct 13, 2026 13d ago | SC 13G | $5.91 | awaiting T+20 | — | $5.83 (−1.27%) |
Sep 28, 2026 28d ago | SC 13G | $7.22 | awaiting T+20 | — | $5.83 (−19.25%) |
Sep 22, 2026 4w ago | Institutional Cluster | $6.25 $5.82 | ▼ −6.88% | ▼ −6.32% | $5.83 (−6.72%) |
Sep 9, 2026 6w ago | Insider Buy | $5.06 $6.83 | ▲ +34.98% | ▲ +32.60% | $5.83 (+15.22%) |
Aug 26, 2026 8w ago | Press Release | $6.03 $6.60 | ▲ +9.45% | ▲ +9.96% | $5.83 (−3.32%) |
Jun 11, 2026 19w ago | Institutional Cluster | $6.88 $5.70 | ▼ −17.15% | ▼ −19.04% | $5.83 (−15.26%) |
Jun 1, 2026 21w ago | 8-K | $7.94 $5.92 | ▲ +25.44% | ▲ +23.88% | $5.83 (+26.57%) |
May 8, 2026 24w ago | 8-K / 424B5 | $6.25 $6.37 | ▲ +1.92% | ▲ +2.22% | $5.83 (−6.72%) |
Apr 22, 2026 26w ago | Press Release | $6.47 $6.36 | ▼ −1.70% | ▼ −4.87% | $5.83 (−9.89%) |
US Market Status
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