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LGL Group files $13.5 million shelf registration covering stock, debt
By Devika Patel
Knoxville, Tenn., Sept. 23 - The LGL Group, Inc. filed a $13.5 million shelf registration in an S-3 filing with the Securities and Exchange Commission.
The registration covers common stock, debt securities, warrants and units.
The debt may be structured as convertibles.
Proceeds will be used for working capital and other general corporate purposes.
LGL is an Orlando, Fla.-based manufacturer of electronic components.
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