AIGH Capital Management, Orin Hirschman Hold 9.9% of LightPath Tech

TL;DR

**AIGH Capital Management and Orin Hirschman still own 9.9% of LightPath Technologies, signaling continued investor interest.**

AI Summary

AIGH Capital Management, LLC and Orin Hirschman filed an amended Schedule 13G/A on February 7, 2024, disclosing their beneficial ownership in LightPath Technologies Inc. As of December 31, 2023, they collectively own 3,723,932 common shares, representing 9.9% of the company's outstanding stock. This filing indicates a significant, but passive, stake by a key institutional investor and its principal, which could influence investor confidence and potentially signal a belief in the company's long-term value.

Why It Matters

This filing shows a major investor, AIGH Capital Management, and its principal, Orin Hirschman, maintain a substantial stake in LightPath Technologies, which can be a vote of confidence for current and prospective shareholders.

Risk Assessment

Risk Level: low — This filing indicates a stable, significant ownership stake by an institutional investor, which generally reduces perceived risk for other shareholders.

Analyst Insight

Investors should note the continued significant, but passive, ownership by AIGH Capital Management and Orin Hirschman, which suggests a long-term, non-activist interest in LightPath Technologies. This could be a positive signal for stability but doesn't imply immediate catalysts.

Key Numbers

• 3,723,932 — Shares Beneficially Owned (Aggregate amount of common shares owned by AIGH Capital Management, LLC and Orin Hirschman in LightPath Technologies Inc.)
• 9.9% — Percent of Class (Percentage of LightPath Technologies Inc. common shares beneficially owned by the reporting persons as of December 31, 2023.)
• December 31, 2023 — Date of Event (The date on which the event requiring this Schedule 13G/A filing occurred.)

Key Players & Entities

• AIGH Capital Management, LLC (company) — reporting person and beneficial owner of LightPath Technologies Inc. shares
• Orin Hirschman (person) — reporting person and beneficial owner of LightPath Technologies Inc. shares
• LIGHTPATH TECHNOLOGIES INC (company) — the issuer whose securities are being reported
• Maryland (company) — place of organization for AIGH Capital Management, LLC

Forward-Looking Statements

• AIGH Capital Management, LLC and Orin Hirschman will maintain a significant, passive stake in LightPath Technologies Inc. for the foreseeable future. (AIGH Capital Management, LLC and Orin Hirschman) — medium confidence, target: December 31, 2024

FAQ

Filing Documents

• formsc13ga.htm (SC 13G/A) — 89KB
• 0001493152-24-005331.txt ( ) — 90KB

(a) above and Item 4 of each cover page

Item 2(a) above and Item 4 of each cover page. (d) Title of Class of Securities: Common Stock (e) CUSIP Number: 532257805 ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO §§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________. ITEM 4: OWNERSHIP. See Item s 5,6,7,8 and 9 of each cover page. ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable. ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON B

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View this SC 13G/A filing on SEC EDGAR