Lantronix IPO file prospectus,Lantronix shares prices, how to buy Lantronix ipo shares, final prospectus supplement and accompanying base prospectus : Lantronix, Inc. (the "Company") (NASDAQ: LTRX), a leading global provider of smart M2M connectivity solutions, today announced the pricing of its previously-announced public offering of common stock. The Company agreed to sell a total of 2,200,000 shares at a price of $2.50 per share (exclusive of 330,000 shares that the underwriter may purchase pursuant to a 30-day option to cover over-allotments). Net proceeds of the offering of approximately $4,915,000, will be used for general corporate purposes. The offering is expected to close on May 1, 2012.
Roth Capital Partners served as the sole manager in the offering.
An investor should read the Company's prospectus supplement and the base prospectus carefully before investing. The prospectus supplement and the base prospectus contain important information about the Company, including the risks relating to an investment in the Company's securities.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or other jurisdiction.
Electronic copies of the final prospectus supplement and accompanying base prospectus relating to this offering may be obtained from Roth Capital Partners, LLC, 888 San Clemente, Newport Beach, CA 92660, (800) 678-9147 or email: rothecm@roth.com or by accessing the U.S. Securities and Exchange Commission's ("SEC") website, www.sec.gov. or ipo.nasdaq.com
About Lantronix
Lantronix, Inc. (N
ASDAQ: LTRX) is a global leader of secure communication technologies that simplify access and communication with and between virtually any electronic device. Our smart connectivity solutions enable sharing data between devices and applications to empower businesses to make better decisions based on real-time information, and gain a competitive advantage by generating new revenue streams, improving productivity and increasing efficiency and profitability. Easy to integrate and deploy, Lantronix products remotely and securely connect electronic equipment via networks and the Internet. Founded in 1989, Lantronix serves some of the largest medical, security, industrial and building automation, transportation, retail/POS, financial, government, consumer electronics/appliances, IT/data center and pro-AV/signage entities in the world. The company's headquarters are located in Irvine, Calif.
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