# EDGAR Filing Document

**Accession Number:** 0000061004
**File Stem:** 0001437749-26-019658
**Filing Date:** 2026-6
**Character Count:** 22654
**Document Hash:** f5ad2a8b24449e9acfb783785b3d1d65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-26-019658.hdr.sgml**: 20260605

**ACCESSION NUMBER**: 0001437749-26-019658

**CONFORMED SUBMISSION TYPE**: S-1MEF

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20260605

**DATE AS OF CHANGE**: 20260605

**EFFECTIVENESS DATE**: 20260605

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LGL GROUP INC
- **CENTRAL INDEX KEY:** 0000061004
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRONIC COMPONENTS, NEC [3679]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 381799862
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-1MEF
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-296520
- **FILM NUMBER:** 261066955

**BUSINESS ADDRESS:**
- **STREET 1:** 2525 SHADER ROAD
- **CITY:** ORLANDO
- **STATE:** FL
- **ZIP:** 32804
- **BUSINESS PHONE:** (407) 298-2000

**MAIL ADDRESS:**
- **STREET 1:** 2525 SHADER ROAD
- **CITY:** ORLANDO
- **STATE:** FL
- **ZIP:** 32804

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LYNCH CORP
- **DATE OF NAME CHANGE:** 19920703

**As filed with the U.S. Securities and Exchange Commission on June 5, 2026**

**Registration No. 333-** 

------

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-1**

**REGISTRATION STATEMENT**

**UNDER THE SECURITIES ACT OF 1933**

![logo.jpg](logo.jpg)

**THE LGL GROUP, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **3679** | **38-1799862** |
| (State or other jurisdiction of incorporation or organization) | (Primary Standard Industrial Classification Code Number) | (I.R.S. Employer Identification Number) |

---

**2525 Shader Road**

**Orlando, Florida 32804**

**(407) 298-2000**

(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)

------

**Jason D. Lamb**

**Chief Executive Officer**

**The LGL Group, Inc.**

**2525 Shader Road**

**Orlando, Florida 32804**

**(407) 298-2000**

(Name, address, including zip code, and telephone number, including area code, of agent for service)

------

***Copies to:***

**Spencer G. Feldman, Esq.**

**Olshan Frome Wolosky LLP**

**1325 Avenue of the Americas, 15<sup>th</sup> Floor**

**New York, New York 10019**

**(212) 451-2300** <br>

------

Approximate date of commencement of proposed sale to the public: **As soon as practicable after this Registration Statement is declared effective.**

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☒

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☒

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act:

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**This Registration Statement shall become effective upon filing with the Securities and Exchange Commission in accordance with Rule 462(b) promulgated under the Securities Act.**

------

**EXPLANATORY NOTE AND INCORPORATION OF CERTAIN INFORMATION BY REFERENCE**

Pursuant to Rule 462(b) under the Securities Act of 1933, as amended ("Securities Act"), The LGL Group, Inc. ("Registrant") is filing this Registration Statement on Form S-1 (this "Registration Statement") with the Securities and Exchange Commission ("Commission"). This Registration Statement relates to the Registrant's transferable subscription rights offering contemplated by the Registration Statement on Form S-1, as amended (File No. 333-295925) (the "Prior Registration Statement"), which the Registrant originally filed with the Commission on May 14, 2026, and the Commission declared effective on May 28, 2026.

This Registration Statement is being filed for the sole purpose of registering an additional 10,000 transferable subscription rights (the "Rights") to purchase up to an aggregate of 10,000 shares of the Registrant's common stock, par value $0.01 ("Common Stock"). Such additional Rights and Common Stock are being registered to account for shares of Common Stock issued by the Registrant during the period between the effective date of the Prior Registration Statement and the filing of this Registration Statement. The additional shares of Common Stock that are being registered for issuance and sale are in an amount and at a price that together represent no more than 20% of the maximum aggregate offering price set forth in the filing fee table filed as Exhibit 107 to the Prior Registration Statement. The information set forth in the Prior Registration Statement and all exhibits thereto, as well as the power of attorney included therein, are hereby incorporated by reference into this Registration Statement.

**CERTIFICATION**

The Registrant hereby (i) undertakes to pay the Commission the filing fee set forth in the Filing Fee Table filed as Exhibit 107 of this Registration Statement by a wire transfer of such amount as soon as practicable (but no later than the close of business on June 5, 2026) and (ii) certifies that it has sufficient funds in the relevant account to cover the amount of such filing fee.

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**EXHIBIT INDEX**

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  |  | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** |  |
| **Exhibit No.** | **Description** | **Form** | **File No.** | **Exhibit** | **Filing Date** | **Filed Herewith** |
| 5.1 | [Opinion of Olshan Frome Wolosky LLP.](ex_966600.htm) |  |  |  |  | X |
| 23.1 | [Consent of Independent Registered Public Accounting Firm – PKF O'Connor Davies, LLP.](ex_966619.htm) |  |  |  |  | X |
| 23.2 | [Consent of Olshan Frome Wolosky LLP (included in Exhibit 5.1).](ex_966600.htm) |  |  |  |  | X |
| 24.1 \* | [Power of Attorney (set forth on signature page of the Prior Registration Statement).](http://www.sec.gov/Archives/edgar/data/61004/000143774926017079/lglg20260408_s1.htm#poa) | S-1 | 333-295925 | 24.1 | May 14, 2026 |  |
| 107 | [Filing Fee Table.](ex_972311.htm) |  |  |  |  | X |

---

\* Previously filed.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Orlando, State of Florida, on June 5, 2026.

---

| | |
|:---|:---|
| **THE LGL GROUP, INC.** | **THE LGL GROUP, INC.** |
| By:  | /s/ Jason D. Lamb |
|  | Jason D. Lamb |
|  | Chief Executive Officer  |
|  | (Principal Executive Officer) |

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **SIGNATURE** | **CAPACITY** | **DATE** |
| /s/ Jason D. Lamb | Chief Executive Officer | June 5, 2026 |
| JASON D. LAMB | (Principal Executive Officer) |  |
| /s/ Patrick Huvane \* | Executive Vice President - Business Development | June 5, 2026 |
| PATRICK HUVANE | (Principal Financial Officer) |  |
| /s/ Linda M. Biles \* | Vice President and Controller | June 5, 2026 |
| LINDA M. BILES | (Principal Accounting Officer) |  |
| /s/ Marc Gabelli \* | Executive Chairman of the Board | June 5, 2026 |
| MARC GABELLI |  |  |
| /s/ Kaan Aslansan \* | Director | June 5, 2026 |
| KAAN ASLANSAN |  |  |
| /s/ Darlene DeRemer \* | Director | June 5, 2026 |
| DARLENE DEREMER |  |  |
| /s/ Herve Francois \* | Director | June 5, 2026 |
| HERVE FRANCOIS |  |  |
| /s/ Manjit Kalha \* | Director | June 5, 2026 |
| MANJIT KALHA |  |  |
| /s/ Colin J. Kilrain \* | Director | June 5, 2026 |
| COLIN J. KILRAIN |  |  |

---

---

| | | |
|:---|:---|:---|
| \* By: | /s/ Jason D. Lamb | /s/ Jason D. Lamb |
|  | Name: | Jason D. Lamb |
|  | Title:  | Attorney-in Fact |

---

## Exhibit 5.1

**Exhibit 5.1**

![olshanletterhead.jpg](olshanletterhead.jpg)

June 5, 2026

The LGL Group, Inc.<br> 2525 Shader Road

Orlando, Florida 32804

Re: <u>Registration Statement on Form S-1</u>

Ladies and Gentlemen:

We have acted as counsel to The LGL Group, Inc., a Delaware corporation (the "Company"), in connection with the registration statement on Form S-1 (the "Registration Statement"), filed by the Company with the U.S. Securities and Exchange Commission (the "Commission") pursuant to Rule 462(b) under the Securities Act of 1933, as amended (the "Act"), on the date hereof, relating to the registration of an aggregate of 10,000 transferable subscription rights (the "Rights") to purchase up to 10,000 shares (the "Shares") of the Company's common stock, par value $0.01 per share ("Common Stock"). The Registration Statement incorporates by reference the registration statement on Form S-1 (File No. 333-295925) (as amended, the "Initial Registration Statement"), including the prospectus forming a part thereof (the "Prospectus"), initially filed by the Company with the Commission on May 14, 2026 and declared effective by the Commission on May 28, 2026. This opinion letter is being delivered at the request of the Company and in accordance with the requirements of Item 601(b)(5) of Regulation S-K under the Act.

In connection with this opinion letter, we have examined (a) the Registration Statement, (b) the Initial Registration Statement, (c) the Prospectus, (d) the form of Subscription Agent Agreement by and between the Company, Computershare Trust Company, N.A. and Computershare Inc., (e) the form of subscription certificate evidencing the Rights, (f) the Certificate of Incorporation of the Company, as amended to date (the "Certificate of Incorporation"), (g) the By-Laws of the Company, as amended to date, and (h) certain resolutions of the Board of Directors of the Company relating to the issuance, sale and registration of the Rights and Shares. In addition, we have examined and relied upon such corporate records of the Company, and have made such examination of law, as we have deemed necessary or appropriate for purposes of the opinions expressed below. As to certain factual matters, unless otherwise indicated, we have relied, to the extent we have deemed proper, on certificates of certain officers of the Company.

We have assumed for purposes of rendering the opinions set forth herein, without any verification by us, the genuineness of all signatures, the legal capacity of all natural persons to execute and deliver documents, the authenticity and completeness of documents submitted to us as originals, the completeness and conformity with authentic original documents of all documents submitted to us as copies, that all documents, books and records made available to us by the Company are accurate and complete, and that at or prior to the time of the issuance and delivery of the Rights or Shares, as applicable, (i) the Registration Statement shall become effective upon filing with the Commission in accordance with Rule 462(b) under the Act, (ii) the effectiveness of each of the Registration Statement and the Initial Registration Statement under the Act shall not have been terminated or rescinded, and (iii) the Company will have received the requisite approval from the NYSE American to list the Rights and Shares. We have also assumed that the Rights and Shares will be issued and sold in the manner contemplated by the Initial Registration Statement and the Prospectus and upon issuance of the Shares, the total amount of shares of Common Stock then issued and outstanding will not exceed the total number of shares of Common Stock that the Company is then authorized to issue under the Certificate of Incorporation.

------

June 5, 2026

Based upon, subject to and limited by the foregoing, we are of the opinion that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Rights have been duly authorized by the Company and, when issued and delivered in the manner contemplated by the Initial Registration Statement and Prospectus, will be valid and binding obligations of the Company, enforceable against the Company in accordance with their terms, except to the extent that enforcement thereof may be limited by (a) bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws now or hereafter in effect relating to creditors' rights generally and (b) general principles of equity (regardless of whether enforceability is considered in a proceeding at law or in equity).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The Shares have been duly authorized by the Company and, when issued and delivered against payment therefor upon valid exercise of the Rights in the manner contemplated by the Initial Registration Statement and Prospectus, the Shares will be validly issued, fully paid and nonassessable.

We are members of the Bar of the State of New York. We do not express any opinion as to the effect of any laws other than the laws of the State of New York and the General Corporation Law of the State of Delaware, and the federal laws of the United States of America, each as in effect on the date hereof.

This opinion speaks only at and as of the date hereof and is based solely on the facts and circumstances known to us at and as of such date. We assume no obligation to update or supplement this opinion to reflect any facts or circumstances that may hereafter come to our attention or any changes in fact or law that may hereafter occur.

This opinion is being delivered solely for the benefit of the Company and such other persons as are entitled to rely upon it pursuant to applicable provisions of the Act. This opinion may not be used, quoted, relied upon or referred to for any other purpose nor may this opinion be used, quoted, relied upon or referred to by any other person, for any purpose, without our prior written consent.

We hereby consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to our firm in the Prospectus under the heading "Legal Matters." In giving such consent, we do not admit that we are in the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

Very truly yours,

*/s/ Olshan Frome Wolosky LLP*

OLSHAN FROME WOLOSKY LLP

## Exhibit 23.1

**Exhibit 23.1**

**Consent of Independent Registered Public Accounting Firm**

We consent to the incorporation by reference in this Form S-1 Registration Statement (No. 333-295925) of The LGL Group, Inc. filed under the Securities Act of 1933, of our report dated March 30, 2026, with respect to our audits of the consolidated financial statements of The LGL Group, Inc. and Subsidiaries as of December 31, 2025 and 2024, and for the years then ended. We also consent to the reference to our Firm under the heading "Experts" in such Registration Statement.

/s/ PKF O'Connor Davies, LLP

New York, New York

June 5, 2026

\* \* \* \* \*

## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **S-1**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LGL GROUP INC**  |

---

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Calculation or Carry Forward Rule**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Proposed Maximum Offering Price Per Unit**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Rate**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Registration Fee**  |
| **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** |
| Fees to be Paid | 1 | Equity | Common Stock | 457(o) | 10000 | $6.90 | $69000.00 | 0.0001381 | $9.53 |
| Fees to be Paid | 2 | Other | Subscription Rights to Purchase Common Stock | Other | 10000 |  | $0.00 | 0.0001381 | $0.00 |
| Fees Previously Paid |  |  |  |  |  |  |  |  |  |
| **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** |
| Carry Forward Securities |  |  |  |  |  |  |  |  |  |
|  |  |  | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: |  | $69000.00  |  | $9.53  |
|  |  |  | Total Fees Previously Paid:  | Total Fees Previously Paid:  | Total Fees Previously Paid:  |  |  |  | $0.00  |
|  |  |  | Total Fee Offsets:  | Total Fee Offsets:  | Total Fee Offsets:  |  |  |  | $0.00  |
|  |  |  | Net Fee Due:  | Net Fee Due:  | Net Fee Due:  |  |  |  | $9.53  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> (a) Pursuant to Rule 416 under the Securities Act of 1933, as amended (the "Securities Act"), the shares of common stock, par value $0.01 per share ("Common Stock"), of The LGL Group, Inc. (the "Registrant") being registered hereunder include such indeterminate number of shares of Common Stock as may be issuable as a result of stock splits, stock dividends, or other distribution, recapitalization or similar events. (b) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act and assumed an offering price of $6.90 per share. (c) The transferable subscription rights and the shares of Common Stock issuable upon exercise thereof being registered hereunder are in addition to the transferable subscription rights and the shares of Common Stock issuable upon exercise thereof previously registered by the Registrant pursuant to the Registrant's Registration Statement on Form S-1 (File No. 333-295925).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>2</sup> Pursuant to Rule 457(g) under the Securities Act, no separate registration fee is payable with respect to the transferable subscription rights being offered hereby since such subscription rights are being registered in the same registration statement as the shares of the Registrant's Common Stock underlying such subscription rights.

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| |
|:---|
| |
| **Rules 457(b) and 0-11(a)(2)** |
| Fee Offset Claims |
| Fee Offset Sources |
| **Rule 457(p)** |
| Fee Offset Claims |
| Fee Offset Sources |

---