Bullboard - Stock Discussion Forum Lantronix Inc LTRX

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Lantronix, Inc. is a global provider of compute and connectivity Internet of Things (IoT) solutions that target industries, including smart cities, automotive and enterprise. Its portfolio is organized into three primary product lines: Embedded IoT Solutions, IoT Systems Solutions, and Software and Services. Its portfolio of embedded products provides a comprehensive range of options, including... see more

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Lantronix Inc > Acquisition financing

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Post by DougInGreen on May 04, 2021 11:34pm

Acquisition financing

Hey this stock is new to me and just doing a bit of DD. I'm wondering where did Lantronix get the 25 million in cash to purchase the business unit from REM? It looks like there hasn't been more than 8 million on had in cash recently and I don't see anything about a share issuance? Thanks!

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