LightPath Technologies intends to conduct public offering of units

Proceeds are earmarked for general corporate purposes, company reports

By Devika Patel

Knoxville, Tenn., Sept. 29 - LightPath Technologies, Inc. will conduct a public offering of units, according to a preliminary prospectus filed Thursday with the Securities and Exchange Commission.

The company will sell 4.5 million units of one common share and one quarter-share warrant. Each whole warrant will be exercisable for five years.

C. K. Cooper & Co. is the underwriter.

Proceeds will be used for general corporate purposes.

LightPath is based in Orlando, Fla., and produces optical networking items for the telecommunications industry.

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