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Stock impact report

LSI Industries Prices Public Offering of Common Stock

LSI Industries Inc. (LYTS) 
Last lsi industries inc. earnings: 4/23 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: lsiindustries.gcs-web.com/investor-overview
Company Research Source: Business Wire
CINCINNATI--(BUSINESS WIRE)--LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, announced today that it has priced its previously announced underwritten public offering.The Company is offering 4,600,000 shares of its common stock at a public offering price of $19.75 per share. The gross proceeds to LSI from the offering, before deducting the underwriting discounts and commissions and offering expenses, are expected to be approximately $90 million. LSI has granted the underwriters a 30-day option to purchase up to an additional 690,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on or about March 2, 2026, subject to the satisfaction of customary closing conditions. All of the shares of common stock are being offered by LSI.LSI intends to use the net proceeds from this offering to implement its growth and Show less Read more
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