SCHEDULE: Lynrock Lake Boosts Everspin Stake to 8.2%

Lynrock Lake LP and affiliates reported an 8.2% beneficial ownership stake in Everspin Technologies Inc. as of June 30, 2025.

Summary

• Lynrock Lake LP, Lynrock Lake Partners LLC, and Cynthia Paul (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G.
• The filing reports beneficial ownership of 1,861,248 shares of Common Stock in Everspin Technologies Inc.
• This ownership represents 8.2% of the Issuer's Common Stock outstanding as of June 30, 2025.
• The percentage is based on 22,570,591 shares of Common Stock outstanding, as reported in Everspin Technologies Inc.'s Form 10-Q filed on August 6, 2025.
• The Reporting Persons hold sole voting power and sole dispositive power over all 1,861,248 shares.
• The shares are held by Lynrock Lake Master Fund LP, with Lynrock Lake LP acting as the investment manager.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the Issuer.

Sentiment

Score: 5

Explanation: The filing is a factual report of beneficial ownership and does not inherently convey positive or negative sentiment regarding the company's performance or outlook. It simply states a significant ownership position.

Positives

• A significant institutional investor, Lynrock Lake LP, maintains a substantial 8.2% stake, indicating continued confidence in Everspin Technologies Inc.

Future Outlook

This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the Issuer's future performance or operations.

Industry Context

This filing indicates a significant passive investment by Lynrock Lake LP in Everspin Technologies, a company specializing in MRAM (Magnetoresistive Random Access Memory) technology. Such filings are common for institutional investors accumulating or maintaining substantial stakes in public companies, reflecting their investment strategy within the broader technology or semiconductor industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant 8.2% stake by an institutional investor like Lynrock Lake LP may be viewed positively, signaling confidence in the company's long-term prospects. It could also imply potential for future engagement or influence, although the filing states the shares are not held for control purposes.

Key Dates

Keywords

Everspin Technologies, Lynrock Lake, Beneficial Ownership, MRAM, Semiconductor, Investment Management, Institutional Investor, Common Stock