organization · Reporting owner

NORTH RUN ADVISORS, LLC

Disclosed activity across 3 companies

Tapewire entity: 69901
SEC CIK: 0001283773

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
LENSAR, Inc.LNSR · Entity 6733	10% owner	May 18, 2023	June 06, 2023
LIGHTPATH TECHNOLOGIES INCLPTH · Entity 5340	Member	December 31, 2025	January 08, 2026
SCIENTIFIC INDUSTRIES INCSCND · Entity 8003	10% owner	February 13, 2024	February 14, 2024

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

LENSAR, Inc.

Report date May 18, 2023 · Filed June 06, 2023

Jointly reported with NORTH RUN CAPITAL, LP, NR-GRI Partners, LP, NR-GRI Partners GP, LLC, ELLIS THOMAS B, HAMMER TODD B

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	IndirectSee footnotes	1,100,592	Reported balance Holding disclosure · report date 2023-05-18 · row 1 Holding and transaction disclosures are not merged. 1 source row Row 1 · Balance 1,100,592 F1: The reported securities are directly held by North Run Capital, LP, and may be deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run Capital, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Advisors, LLC. F5: NR-GRI Partners GP, LLC, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Series A Convertible Preferred StockSEC Table II · derivative / convertible security · Conversion / exercise price $2.52	IndirectSee footnotes	Not disclosed	Reported balance Holding disclosure · report date 2023-05-18 · row 2 Instrument identity requires review; Table II rows are not merged. 1 source row Row 2 · Balance Not disclosed F2: The Series A Convertible Preferred Stock has no expiration date and is convertible at any time at the option of NR-GRI Partners, LP, subject to a blocker provision that prevents NR-GRI Partners, LP from converting the Series A Convertible Preferred Stock into shares of Common Stock if the reporting person, together with its affiliates, would be more than a 19.99% beneficial owner of Common Stock following such conversion.. F3: The reported securities are directly held by NR-GRI Partners, LP, and may be deemed to be indirectly beneficially owned by NR-GRI Partners GP, LLC as the general partner of NR-GRI Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of NR-GRI Partners GP, LLC. F5: NR-GRI Partners GP, LLC, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Class A Common Stock Purchase Warrants (Right to Buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.45 · Expires 2028-05-18	IndirectSee footnotes	Not disclosed	Reported balance Holding disclosure · report date 2023-05-18 · row 3 Instrument identity requires review; Table II rows are not merged. 1 source row Row 3 · Balance Not disclosed F4: The reported warrants are currently exercisable, subject to a blocker provision that prevents NR-GRI Partners, LP from exercising the warrants into shares of Common Stock if the reporting person, together with its affiliates, would be more than a 19.99% beneficial owner of Common Stock following such exercise. F3: The reported securities are directly held by NR-GRI Partners, LP, and may be deemed to be indirectly beneficially owned by NR-GRI Partners GP, LLC as the general partner of NR-GRI Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of NR-GRI Partners GP, LLC. F5: NR-GRI Partners GP, LLC, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Class B Common Stock Purchase Warrants (Right to Buy)SEC Table II · derivative / convertible security · Conversion / exercise price $3.06 · Expires 2028-05-18	IndirectSee footnotes	Not disclosed	Reported balance Holding disclosure · report date 2023-05-18 · row 4 Instrument identity requires review; Table II rows are not merged. 1 source row Row 4 · Balance Not disclosed F4: The reported warrants are currently exercisable, subject to a blocker provision that prevents NR-GRI Partners, LP from exercising the warrants into shares of Common Stock if the reporting person, together with its affiliates, would be more than a 19.99% beneficial owner of Common Stock following such exercise. F3: The reported securities are directly held by NR-GRI Partners, LP, and may be deemed to be indirectly beneficially owned by NR-GRI Partners GP, LLC as the general partner of NR-GRI Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of NR-GRI Partners GP, LLC. F5: NR-GRI Partners GP, LLC, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Filing footnotes · ownership attribution and instrument terms

F1: The reported securities are directly held by North Run Capital, LP, and may be deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run Capital, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Advisors, LLC.

F2: The Series A Convertible Preferred Stock has no expiration date and is convertible at any time at the option of NR-GRI Partners, LP, subject to a blocker provision that prevents NR-GRI Partners, LP from converting the Series A Convertible Preferred Stock into shares of Common Stock if the reporting person, together with its affiliates, would be more than a 19.99% beneficial owner of Common Stock following such conversion..

F3: The reported securities are directly held by NR-GRI Partners, LP, and may be deemed to be indirectly beneficially owned by NR-GRI Partners GP, LLC as the general partner of NR-GRI Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of NR-GRI Partners GP, LLC.

F4: The reported warrants are currently exercisable, subject to a blocker provision that prevents NR-GRI Partners, LP from exercising the warrants into shares of Common Stock if the reporting person, together with its affiliates, would be more than a 19.99% beneficial owner of Common Stock following such exercise.

F5: NR-GRI Partners GP, LLC, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

LIGHTPATH TECHNOLOGIES INC

Report date December 31, 2025 · Filed January 08, 2026

Jointly reported with North Run Strategic Opportunities Fund I, LP, North Run - Due North Partners, LP, NORTH RUN GP, LP, ELLIS THOMAS B, HAMMER TODD B, Bosco Michael, North Run Strategic Opportunities Fund I GP, LLC

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Class A Common StockSEC Table I · non-derivative	IndirectSee footnotes	2,728,968	Last balance in matching sequence After 2026-01-05 transaction · row 2 Source-order balances reconcile. Account continuity and personal attribution are not independently verified. 2 source rows Row 1 · 2026-01-05 · Other · Acquired 3,499,289 · Balance 3,499,289 F1: On January 5, 2026, North Run Strategic Opportunities Fund I, LP exercised a warrant to purchase 3,499,289 shares of the Issuer's Class A common stock for $2.58 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 770,321 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 2,728,968 shares. F4: The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. Row 2 · 2026-01-05 · Sale · Disposed 770,321 · Balance 2,728,968 F1: On January 5, 2026, North Run Strategic Opportunities Fund I, LP exercised a warrant to purchase 3,499,289 shares of the Issuer's Class A common stock for $2.58 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 770,321 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 2,728,968 shares. F4: The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC.
Convertible Promissory NoteSEC Table II · derivative / convertible security	IndirectSee footnotes	0	Reported balance After 2025-12-31 transaction · row 3 Instrument identity requires review; Table II rows are not merged. 1 source row Row 3 · 2025-12-31 · Disposition to issuer · Disposed 1,860,465 · Balance 0 F2: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F3: The reported securities were directly held by North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run GP, LP as the general partner of North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run GP, LP. The reported securities may have been deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. The reported securities may also have been deemed to be indirectly beneficially owned by Thomas B. Ellis, Todd B. Hammer and Michael Bosco as limited partners of North Run - Due North Partners, LP.
Class A Common Stock Purchase Warrants (Right to Buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.58 · Expires 2031-02-18	IndirectSee footnotes	0	Reported balance After 2026-01-05 transaction · row 4 Instrument identity requires review; Table II rows are not merged. 1 source row Row 4 · 2026-01-05 · Other · Disposed 3,499,289 · Balance 0 F2: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F3: The reported securities were directly held by North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run GP, LP as the general partner of North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run GP, LP. The reported securities may have been deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. The reported securities may also have been deemed to be indirectly beneficially owned by Thomas B. Ellis, Todd B. Hammer and Michael Bosco as limited partners of North Run - Due North Partners, LP.

Filing footnotes · ownership attribution and instrument terms

F1: On January 5, 2026, North Run Strategic Opportunities Fund I, LP exercised a warrant to purchase 3,499,289 shares of the Issuer's Class A common stock for $2.58 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 770,321 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 2,728,968 shares.

F2: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025.

F3: The reported securities were directly held by North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run GP, LP as the general partner of North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run GP, LP. The reported securities may have been deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. The reported securities may also have been deemed to be indirectly beneficially owned by Thomas B. Ellis, Todd B. Hammer and Michael Bosco as limited partners of North Run - Due North Partners, LP.

F4: The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC.

SCIENTIFIC INDUSTRIES INC

Report date February 13, 2024 · Filed February 14, 2024

Jointly reported with NORTH RUN CAPITAL, LP, ELLIS THOMAS B, HAMMER TODD B

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	IndirectSee footnotes	575,000	Reported balance Holding disclosure · report date 2024-02-13 · row 1 Holding and transaction disclosures are not merged. 1 source row Row 1 · Balance 575,000 F1: The reported securities are directly held by North Run - Due North Partners, LP and may be deemed to be indirectly beneficially owned by North Run Capital, LP as the investment manager of North Run - Due North Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by North Run Advisors, LLC, the general partner of North Run Capital, LP, and Thomas B. Ellis and Todd B. Hammer, as members of North Run Advisors, LLC. F2: North Run Capital, LP, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Common Stock Purchase Warrants (Right to Buy)SEC Table II · derivative / convertible security · Conversion / exercise price $2.50 · Expires 2028-12-13	IndirectSee footnotes	Not disclosed	Reported balance Holding disclosure · report date 2024-02-13 · row 2 Instrument identity requires review; Table II rows are not merged. 1 source row Row 2 · Balance Not disclosed F1: The reported securities are directly held by North Run - Due North Partners, LP and may be deemed to be indirectly beneficially owned by North Run Capital, LP as the investment manager of North Run - Due North Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by North Run Advisors, LLC, the general partner of North Run Capital, LP, and Thomas B. Ellis and Todd B. Hammer, as members of North Run Advisors, LLC. F2: North Run Capital, LP, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Filing footnotes · ownership attribution and instrument terms

F1: The reported securities are directly held by North Run - Due North Partners, LP and may be deemed to be indirectly beneficially owned by North Run Capital, LP as the investment manager of North Run - Due North Partners, LP. The reported securities may also be deemed to be indirectly beneficially owned by North Run Advisors, LLC, the general partner of North Run Capital, LP, and Thomas B. Ellis and Todd B. Hammer, as members of North Run Advisors, LLC.

F2: North Run Capital, LP, North Run Advisors, LLC, Thomas B. Ellis and Todd B. Hammer disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Transaction history

JSON API

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
January 05, 2026 Filed Jan 8, 2026 00:39 UTC	LIGHTPATH TECHNOLOGIES INC LPTH · Entity 5340	OtherClass A Common Stock Purchase Warrants (Right to Buy) · Derivative	3,499,289	$0.00 Strike: $2.58	$0.00	Disclosure SEC source: 0001654954-26-000151 · section16.xml · derivative · entry 4 North Run Strategic Opportunities Fund I, LP · CIK 0002052913 · Director · 10% owner North Run - Due North Partners, LP · CIK 0001921221 · Member NORTH RUN GP, LP · CIK 0001283772 · Member NORTH RUN ADVISORS, LLC · CIK 0001283773 · Member ELLIS THOMAS B · CIK 0001283774 · Director · 10% owner HAMMER TODD B · CIK 0001283775 · Member Bosco Michael · CIK 0002058718 · Member North Run Strategic Opportunities Fund I GP, LLC · CIK 0002058804 · Member Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Class A Common Stock · 3,499,289 shares Expires 2031-02-18 F2 · ownership.nature: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F3 · ownership.nature: The reported securities were directly held by North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run GP, LP as the general partner of North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run GP, LP. The reported securities may have been deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. The reported securities may also have been deemed to be indirectly beneficially owned by Thomas B. Ellis, Todd B. Hammer and Michael Bosco as limited partners of North Run - Due North Partners, LP. Read SEC document
January 05, 2026 Filed Jan 8, 2026 00:39 UTC	LIGHTPATH TECHNOLOGIES INC LPTH · Entity 5340	SaleClass A Common Stock	770,321	$11.72	$9,028,162.12	Disclosure SEC source: 0001654954-26-000151 · section16.xml · nonDerivative · entry 2 North Run Strategic Opportunities Fund I, LP · CIK 0002052913 · Director · 10% owner North Run - Due North Partners, LP · CIK 0001921221 · Member NORTH RUN GP, LP · CIK 0001283772 · Member NORTH RUN ADVISORS, LLC · CIK 0001283773 · Member ELLIS THOMAS B · CIK 0001283774 · Director · 10% owner HAMMER TODD B · CIK 0001283775 · Member Bosco Michael · CIK 0002058718 · Member North Run Strategic Opportunities Fund I GP, LLC · CIK 0002058804 · Member Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See footnotes Disclosed balance after: 2,728,968 F1 · kind: On January 5, 2026, North Run Strategic Opportunities Fund I, LP exercised a warrant to purchase 3,499,289 shares of the Issuer's Class A common stock for $2.58 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 770,321 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 2,728,968 shares. F1 · ownership.nature: On January 5, 2026, North Run Strategic Opportunities Fund I, LP exercised a warrant to purchase 3,499,289 shares of the Issuer's Class A common stock for $2.58 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 770,321 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 2,728,968 shares. F4 · ownership.nature: The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. Read SEC document
January 05, 2026 Filed Jan 8, 2026 00:39 UTC	LIGHTPATH TECHNOLOGIES INC LPTH · Entity 5340	OtherClass A Common Stock	3,499,289	$2.58	$9,028,165.62	Disclosure SEC source: 0001654954-26-000151 · section16.xml · nonDerivative · entry 1 North Run Strategic Opportunities Fund I, LP · CIK 0002052913 · Director · 10% owner North Run - Due North Partners, LP · CIK 0001921221 · Member NORTH RUN GP, LP · CIK 0001283772 · Member NORTH RUN ADVISORS, LLC · CIK 0001283773 · Member ELLIS THOMAS B · CIK 0001283774 · Director · 10% owner HAMMER TODD B · CIK 0001283775 · Member Bosco Michael · CIK 0002058718 · Member North Run Strategic Opportunities Fund I GP, LLC · CIK 0002058804 · Member Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See footnotes Disclosed balance after: 3,499,289 F1 · ownership.nature: On January 5, 2026, North Run Strategic Opportunities Fund I, LP exercised a warrant to purchase 3,499,289 shares of the Issuer's Class A common stock for $2.58 per share. The reporting person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 770,321 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 2,728,968 shares. F4 · ownership.nature: The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. Read SEC document
December 31, 2025 Filed Jan 8, 2026 00:39 UTC	LIGHTPATH TECHNOLOGIES INC LPTH · Entity 5340	Disposition to issuerConvertible Promissory Note · Derivative	1,860,465	$2.15	$3,999,999.75	Disclosure SEC source: 0001654954-26-000151 · section16.xml · derivative · entry 3 North Run Strategic Opportunities Fund I, LP · CIK 0002052913 · Director · 10% owner North Run - Due North Partners, LP · CIK 0001921221 · Member NORTH RUN GP, LP · CIK 0001283772 · Member NORTH RUN ADVISORS, LLC · CIK 0001283773 · Member ELLIS THOMAS B · CIK 0001283774 · Director · 10% owner HAMMER TODD B · CIK 0001283775 · Member Bosco Michael · CIK 0002058718 · Member North Run Strategic Opportunities Fund I GP, LLC · CIK 0002058804 · Member Joint disclosure: these amounts are not allocated separately to each reporting owner. 10b5-1 filing: No plan indicated Ownership: Indirect · See footnotes Disclosed balance after: 0 Underlying: Class A Common Stock · 1,860,465 shares Expires not disclosed F2 · derivative.exercise_price: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F2 · derivative.exercise_date: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F2 · derivative.expiration_date: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F2 · ownership.nature: On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the "Promissory Note") with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP would receive 4,000 shares of Issuer's Series G Convertible Preferred Stock, which at issuance would be convertible into 1,860,465 shares of Common Stock. The Promissory Note became payable on March 3, 2025 and did not have an expiration date. The Promissory Note was repaid in full by the Issuer on December 31, 2025. F3 · ownership.nature: The reported securities were directly held by North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run GP, LP as the general partner of North Run - Due North Partners, LP, and may have been deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run GP, LP. The reported securities may have been deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. The reported securities may also have been deemed to be indirectly beneficially owned by Thomas B. Ellis, Todd B. Hammer and Michael Bosco as limited partners of North Run - Due North Partners, LP. Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.