$ Value
$1.6M
Shares
740,000
Price
$2
Filed
Mar 26
Insider
Name
North Run Strategic Opportunities Fund I, LP
Title
—
CIK
0002052913
Roles
Transaction Details
Transaction Date
2026-03-25
Code
C
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
3,585,516
Footnotes
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. | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.0203 to $12.1413 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4. | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.72074 inclusive. | On March 25, 2026, the reporting persons converted 1,591 shares of the Issuer's Series G Convertible Preferred Stock into 740,000 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 preferred stock is perpetual and therefore has no expiration date.
Filing Info
North Run Strategic Opportunities Fund I, LP's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2026-03-25 | LPTH | C | $1.6M |
| 2026-03-25 | LPTH | ▼ | $3.7M |
| 2026-03-25 | LPTH | C | — |
| 2026-03-24 | LPTH | ▼ | $658K |
| 2026-03-18 | LPTH | ▼ | $192K |
| 2026-03-17 | LPTH | ▼ | $1.3M |
| 2026-03-04 | LPTH | ▼ | $665K |
| 2026-03-03 | LPTH | ▼ | $4.6M |
| 2026-03-02 | LPTH | C | $1.6M |
| 2026-03-02 | LPTH | ▼ | $2.9M |
Other Insiders at LPTH (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
Rubin Shmuel
President & CEO
|
$2K | — | 2026-03-27 |
|
Miranda Albert
CFO
|
— | — | 2026-02-02 |
| North Run Strategic Opportunities Fund I, LP | — | $26.8M | 2026-03-25 |