Lantronix Expands Board After Investor Cooperation Agreement

Reported about 11 hours ago

Lantronix, Inc. (NASDAQ:LTRX) has expanded its Board of Directors through a cooperation agreement with an investor group, which includes James C. Auker as a new appointee. The Board will grow from five to six members to enhance shareholder value and governance practices. The agreement also stipulates that a financial advisor will be engaged within 60 days to explore value creation opportunities.

Source: YAHOO

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