Zacks_SCR_Research_10172022_UXIN_Kerr.pdf
LGL Announces Approval Of Spin-off And Holdings Of IRNT Shares
The LGL Group, Inc. ("LGL" or "the Company") announced today that its Board of Directors ("BOD") has approved a spin-off of the MTronPTI subsidiary. The Company had previously announced its exploration of this potential spin-off transaction and will now proceed with the spin-off, which will be submitted to a shareholder vote for approval.