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Lake Street serves as joint bookrunner for Lantronix, Inc. (NasdaqCM:LTRX) in its underwritten public offering of 2,500,000 shares of common stock at a public offering price of $4.00 per share.

September 18, 2018

Lake Street is pleased to announce it served as a joint book-running manager for Lantronix, Inc. (NASDAQ: LTRX) in its underwritten public offering of 2,500,000 shares of common stock at an offering price of $4.00 per share, for total gross proceeds of $10 million.

About Lantronix, Inc.

Lantronix, Inc. is a global provider of secure data access and management solutions for Internet of Things (IoT) assets. Lantronix’s mission is to be the leading supplier of IoT solutions that enable companies to dramatically simplify the creation, deployment, and management of IoT projects while providing secure access to data for applications and people. With more than two decades of experience in creating robust machine to machine (M2M) technologies, Lantronix is an innovator in enabling their customers to build new business models and realize the possibilities of the Internet of Things. Their connectivity solutions are deployed inside millions of machines serving a wide range of industries, including industrial, medical, security, transportation, retail, financial, environmental and government.

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