Lantronix INC Schedule 13D activist filings
Filed when an investor crosses five percent and intends to influence the company — the activist disclosure.
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Lantronix INCChain of Lakes Investment Fund and associated individuals have reduced their beneficial ownership in Lantronix Inc. to 4.26%, falling below the 5% threshold.
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Lantronix INCA group of activist investors, including Chain of Lakes Investment Fund, LLC, Haluk L. Bayraktar, and Emre Aciksoz, have significantly reduced their beneficial ownership in Lantronix Inc. to 5.73% through recent open market sales.
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Lantronix INCTL Investment GmbH and Bernhard Bruscha significantly reduce their beneficial ownership in Lantronix Inc. through a series of transfers and a charitable gift.
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Lantronix INCSCHEDULE: Lantronix Resolves Shareholder Dispute, Appoints New Director and Initiates Strategic Review
Lantronix, Inc. has entered into a cooperation agreement with activist shareholders, including Chain of Lakes Investment Fund, LLC, to resolve a proxy contest by appointing a new director and committing to evaluate strategic alternatives for the company.
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Lantronix INCA group of activist investors, including Chain of Lakes Investment Fund, LLC, have acquired a 7.7% stake in Lantronix Inc., asserting the company is materially undervalued and proposing a strategic sale to unlock shareholder value, potentially at $6 per share.