Lantronix Enters Into Cooperation Agreement With 180 Degree Capital Corp.

August 12, 2024

https://www.globenewswire.com/news-release/2024/08/12/2928269/0/en/Lantronix-Enters-Into-Cooperation-Agreement-With-180-Degree-Capital-Corp.html

IRVINE, Calif., Aug. 12, 2024 (GLOBE NEWSWIRE) — Lantronix Inc. (NASDAQ:LTRX) (the “Company”), a global leader in compute and connectivity IoT solutions, today announced that it has entered into a cooperation agreement with Lantronix stockholder 180 Degree Capital Corp. (“180 Degree Capital”). Under the terms of the agreement, Messrs. Narbeh Derhacobian and Kevin Palatnik will be nominated for election to the Lantronix Board of Directors (the “Board”) at the Company’s 2024 Annual Meeting of Stockholders. The date of the Annual Meeting has not yet been announced.

Read more at globenewswire.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.