# EDGAR Filing Document

**Accession Number:** 0002052913
**File Stem:** 0001654954-26-000149
**Filing Date:** 2026-1
**Character Count:** 16755
**Document Hash:** 7b4ba9bf041591f25dd60624c5333b74
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001654954-26-000149.hdr.sgml**: 20260107

**ACCESSION NUMBER**: 0001654954-26-000149

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260107

**DATE AS OF CHANGE**: 20260107

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LIGHTPATH TECHNOLOGIES INC
- **CENTRAL INDEX KEY:** 0000889971
- **STANDARD INDUSTRIAL CLASSIFICATION:** SEMICONDUCTORS & RELATED DEVICES [3674]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 860708398
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-53353
- **FILM NUMBER:** 26516951

**BUSINESS ADDRESS:**
- **STREET 1:** 2603 CHALLENGER TECH CT
- **STREET 2:** STE 100
- **CITY:** ORLANDO
- **STATE:** FL
- **ZIP:** 32826-2716
- **BUSINESS PHONE:** 4073824003

**MAIL ADDRESS:**
- **STREET 1:** 2603 CHALLENGER TECH CT
- **STREET 2:** STE 100
- **CITY:** ORLANDO
- **STATE:** FL
- **ZIP:** 32826-2716
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** North Run Strategic Opportunities Fund I, LP
- **CENTRAL INDEX KEY:** 0002052913

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 867 BOYLSTON STREET, 5TH FLOOR #1361
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02216
- **BUSINESS PHONE:** 617-310-6130

**MAIL ADDRESS:**
- **STREET 1:** 867 BOYLSTON STREET, 5TH FLOOR #1361
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02216

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 1)**

**LIGHTPATH TECHNOLOGIES INC**

*(Name of Issuer)*

**Class A common stock, $0.01 par value**

*(Title of Class of Securities)*

**532257805**

*(CUSIP Number)*

**Todd B. Hammer**<br>867 Boylston Street<br>5th Floor #1361<br>Boston MA 02116<br>4073824003

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/31/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **532257805** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**North Run Strategic Opportunities Fund I, LP** | Name of reporting person<br>**North Run Strategic Opportunities Fund I, LP** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**12683638.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**12683638.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.9%** | Percent of class represented by amount in Row (11)<br>**18.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** *Consists of and 2,728,968 Shares and shares of Series G Preferred (as defined in Item 4) convertible into an aggregate of 9,954,670 Shares (as defined in Item 3). The reported shares of Series G Preferred are currently exercisable.

| **CUSIP No.** | **532257805** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**North Run Strategic Opportunities Fund I GP, LLC** | Name of reporting person<br>**North Run Strategic Opportunities Fund I GP, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**12683638.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**12683638.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.9%** | Percent of class represented by amount in Row (11)<br>**18.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** *Consists of 2,728,968 Shares and shares of Series G Preferred convertible into an aggregate of 9,954,670 Shares. The reported shares of Series G Preferred are currently exercisable.

| **CUSIP No.** | **532257805** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**ELLIS THOMAS B** | Name of reporting person<br>**ELLIS THOMAS B** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**12683638.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**12683638.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.9%** | Percent of class represented by amount in Row (11)<br>**18.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** *Consists of 2,728,968 Shares and shares of Series G Preferred convertible include an aggregate of 9,954,670 Shares.

| **CUSIP No.** | **532257805** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**HAMMER TODD B** | Name of reporting person<br>**HAMMER TODD B** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**AF** | Source of funds (See Instructions)<br>**AF** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**12683638.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**12683638.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | Aggregate amount beneficially owned by each reporting person<br>**12683638.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**18.9%** | Percent of class represented by amount in Row (11)<br>**18.9%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** *Consists of 2,728,968 Shares and shares of Series G Preferred convertible include an aggregate of 9,954,670 Shares.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A common stock, $0.01 par value

**(b) Name of Issuer:**
LIGHTPATH TECHNOLOGIES INC

**(c) Address of Issuer's Principal Executive Offices:**
2603, CHALLENGER TECH CT, Orlando, FL, 32826

This Amendment No. 1 ("Amendment No. 1") amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission on February 25, 2025 (the "Original Schedule 13D" and the Original Schedule 13D as amended, the "Schedule 13D"). This Amendment No. 1 amends and supplements Items 4 and 5 as set forth below. Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Schedule 13D.  As the result of transactions described in Item 4, as amended, each of NR-DNP, North Run LP, North Run Advisors and Mr. Bosco is no longer a Reporting Person on the Schedule 13D. North Run - Due North Partners, LP, a Delaware limited partnership ("NR-DNP"), North Run GP, LP, a Delaware limited partnership ("North Run LP"), North Run Advisors, LLC, a Delaware limited liability company ("North Run Advisors") and Michael Bosco is no longer a Reporting Person on the Schedule 13D.

**Item 4. Purpose of Transaction**

Item 4 is hereby amended and supplemented to add the following at the end thereof:
 
 On December 31, 2025, the Issuer paid off the Promissory Note in full.  As a result, each of NR-DNP, North Run LP, North Run Advisors, Mr. Ellis, Mr. Hammer and Mr. Bosco is no longer deemed to be a beneficial owner of any Shares underlying Series G Preferred that could have been issued upon conversion of the Promissory Note, and each of NR-DNP, North Run LP, North Run Advisors and Mr. Bosco is no longer a Reporting Person on the Schedule 13D.
 
 On January 5, 2026, NR-SOF received 2,728,968 Shares upon the cashless exercise of 3,499,289 Warrants.
 
 On June 16, 2025, at a special meeting of stockholders held by the Issuer, the stockholders of the Issuer voted in favor of the Stockholder Approval.  In accordance with such Stockholder Approval, on January 5, 2026, NR-SOF provided notice to the Issuer that it was electing for the Beneficial Ownership Limitation and the Exchange Cap to no longer apply to the Warrants and the shares of Series G Preferred held by such Reporting Persons.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5 is hereby amended and restated in its entirety to read as follows:
 
 The aggregate percentage of Shares reported owned by each person named herein is based upon 57,171,645 Shares outstanding as of January 5, 2026, which is the total number of Shares outstanding as of December 8, 2025 as reported in the Issuer's prospectus filed with the Securities and Exchange Commission on December 12, 2025 in addition to 8,912,500 Shares issued by the Issuer in a public offering on December 15, 2025 and the 2,728,968 Shares issued to NR-SOF upon its exercise of the Warrants, plus the Shares underlying the Preferred Shares that may be received by the Reporting Persons, as applicable.  As a result of the Stockholder Approval, the percentages set forth herein for each of the Reporting Persons do not give effect to the Beneficial Ownership Limitation or the Exchange Cap.
 
 As of the date hereof, NR-SOF directly beneficially own 9,954,670 Shares, constituting approximately 18.9% of the Shares outstanding. 
 
 North Run Opportunities, as the general partner of NR-SOF, may be deemed to beneficially own 9,954,670 Shares, constituting approximately 18.9% of the Shares outstanding.
 
 Each of Mr. Hammer and Mr. Ellis, as the sole members of North Run Opportunities, may be deemed to beneficially own 9,954,670 Shares, constituting approximately 18.9% of the Shares outstanding.
 
 The filing of this Schedule 13D shall not be deemed an admission that the Reporting Persons are, for purposes of Section 13(d) of the Exchange Act, the beneficial owners of any securities of the Issuer that he or it does not directly own. Each of the Reporting Persons specifically disclaims beneficial ownership of the securities reported herein that he or it does not directly own.

**(b)**
Each of North Run Opportunities, and Messrs. Hammer and Ellis may be deemed to share the power to vote and dispose of the Shares owned by NR-SOF.

**(c)**
Except as otherwise set forth herein, there have been no transactions in securities of the Issuer by the Reporting Persons during the past 60 days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Not applicable.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** North Run Strategic Opportunities Fund I, LP

**Signature:** /s/ Todd B. Hammer

**Name/Title:** Todd B. Hammer, Member

**Date:** 01/07/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** North Run Strategic Opportunities Fund I GP, LLC

**Signature:** /s/ Todd B. Hammer

**Name/Title:** Todd B. Hammer, Member

**Date:** 01/07/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** ELLIS THOMAS B

**Signature:** /s/ Thomas B. Ellis

**Name/Title:** Member

**Date:** 01/07/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** HAMMER TODD B

**Signature:** /s/ Todd B. Hammer

**Name/Title:** Member

**Date:** 01/07/2026