<SEC-DOCUMENT>0001654954-25-002467.txt : 20250307
<SEC-HEADER>0001654954-25-002467.hdr.sgml : 20250307
<ACCEPTANCE-DATETIME>20250307163035
ACCESSION NUMBER:		0001654954-25-002467
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250218
FILED AS OF DATE:		20250307
DATE AS OF CHANGE:		20250307

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HAMMER TODD B
		CENTRAL INDEX KEY:			0001283775
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720582

	MAIL ADDRESS:	
		STREET 1:		NORTH RUN CAPITAL PARTNERS
		STREET 2:		867 BOYLSTON ST., 5TH FLOOR, #1361
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NORTH RUN GP, LP
		CENTRAL INDEX KEY:			0001283772
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720585

	BUSINESS ADDRESS:	
		STREET 1:		62 WALNUT STREET
		CITY:			WELLESLEY
		STATE:			MA
		ZIP:			02481
		BUSINESS PHONE:		617.310.6130

	MAIL ADDRESS:	
		STREET 1:		62 WALNUT STREET
		CITY:			WELLESLEY
		STATE:			MA
		ZIP:			02481

	FORMER NAME:	
		FORMER CONFORMED NAME:	NORTH RUN GP LP
		DATE OF NAME CHANGE:	20040316

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NORTH RUN ADVISORS, LLC
		CENTRAL INDEX KEY:			0001283773
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720584

	BUSINESS ADDRESS:	
		STREET 1:		867 BOYLSTON STREET
		STREET 2:		5TH FLOOR, #1493
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		617.310.6130

	MAIL ADDRESS:	
		STREET 1:		867 BOYLSTON STREET
		STREET 2:		5TH FLOOR, #1493
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

	FORMER NAME:	
		FORMER CONFORMED NAME:	NORTH RUN ADVISORS LLC
		DATE OF NAME CHANGE:	20040316

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ELLIS THOMAS B
		CENTRAL INDEX KEY:			0001283774
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720583

	MAIL ADDRESS:	
		STREET 1:		867 BOYLSTON STREET, 5TH FLOOR
		STREET 2:		#1361
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			North Run Strategic Opportunities Fund I GP, LLC
		CENTRAL INDEX KEY:			0002058804
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720580

	BUSINESS ADDRESS:	
		STREET 1:		867 BOYLSTON STREET
		STREET 2:		5TH FLOOR #1361
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116
		BUSINESS PHONE:		6173106130

	MAIL ADDRESS:	
		STREET 1:		867 BOYLSTON STREET
		STREET 2:		5TH FLOOR #1361
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			North Run - Due North Partners, LP
		CENTRAL INDEX KEY:			0001921221
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720586

	BUSINESS ADDRESS:	
		STREET 1:		62 WALNUT STREET
		CITY:			WELLESLEY
		STATE:			MA
		ZIP:			02481
		BUSINESS PHONE:		617.310.6130

	MAIL ADDRESS:	
		STREET 1:		62 WALNUT STREET
		CITY:			WELLESLEY
		STATE:			MA
		ZIP:			02481

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			North Run Strategic Opportunities Fund I, LP
		CENTRAL INDEX KEY:			0002052913
		ORGANIZATION NAME:           	
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720587

	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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Bosco Michael
		CENTRAL INDEX KEY:			0002058718
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27548
		FILM NUMBER:		25720581

	MAIL ADDRESS:	
		STREET 1:		867 BOYLSTON STREET
		STREET 2:		5TH FLOOR #1361
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02116

ISSUER:		

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

	BUSINESS ADDRESS:	
		STREET 1:		2603 CHALLENGER TECH CT
		STREET 2:		SUITE 100
		CITY:			ORLANDO
		STATE:			FL
		ZIP:			32826
		BUSINESS PHONE:		4073824003
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>section16.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2025-02-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000889971</issuerCik>
        <issuerName>LIGHTPATH TECHNOLOGIES INC</issuerName>
        <issuerTradingSymbol>LPTH</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002052913</rptOwnerCik>
            <rptOwnerName>North Run Strategic Opportunities Fund I, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
            <isTenPercentOwner>true</isTenPercentOwner>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001921221</rptOwnerCik>
            <rptOwnerName>North Run - Due North Partners, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001283772</rptOwnerCik>
            <rptOwnerName>NORTH RUN GP, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001283773</rptOwnerCik>
            <rptOwnerName>NORTH RUN ADVISORS, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001283774</rptOwnerCik>
            <rptOwnerName>ELLIS THOMAS B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001283775</rptOwnerCik>
            <rptOwnerName>HAMMER TODD B</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002058718</rptOwnerCik>
            <rptOwnerName>Bosco Michael</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002058804</rptOwnerCik>
            <rptOwnerName>North Run Strategic Opportunities Fund I GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>867 BOYLSTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2>5TH FLOOR #1361</rptOwnerStreet2>
            <rptOwnerCity>BOSTON</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>02116</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOther>true</isOther>
            <otherText>Member</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Series G Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>465.1163</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F3"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>9331437</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Class A Common Stock Purchase Warrants (Right to Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>2.58</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2025-02-18</value>
            </exerciseDate>
            <expirationDate>
                <value>2031-02-18</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>3499289</value>
                    <footnoteId id="F4"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
        <derivativeHolding>
            <securityTitle>
                <value>Convertible Promissory Note</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>465.1163</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F5"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F5"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Class A Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1860465</value>
                    <footnoteId id="F5"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F5"/>
                    <footnoteId id="F6"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The reported securities are directly held by North Run Strategic Opportunities Fund I, LP, and may be deemed to be indirectly beneficially owned by North Run Strategic Opportunities Fund I GP, LLC as the general partner of North Run Strategic Opportunities Fund I, LP. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC.</footnote>
        <footnote id="F2">The reported securities are directly held by North Run - Due North Partners, LP, and may be deemed to be indirectly beneficially owned by North Run GP, LP as the general partner of North Run - Due North Partners, LP, and may be deemed to be indirectly beneficially owned by North Run Advisors, LLC as the general partner of North Run GP, LP. The reported securities may be deemed to be indirectly beneficially owned by Thomas B. Ellis and Todd B. Hammer as members of North Run Strategic Opportunities Fund I GP, LLC. The reported securities may also be deemed to be indirectly beneficially owned by Thomas B. Ellis, Todd B. Hammer and Michael Bosco as limited partners of North Run - Due North Partners, LP.</footnote>
        <footnote id="F3">The Series G Convertible Preferred Stock has no expiration date and is convertible at any time at the option of North Run Strategic Opportunities Fund I, LP, subject to blocker provisions that prevents conversion into shares of Class A Common Stock of the Issuer (the &quot;Common Stock&quot;) if the reporting person, together with its affiliates, would be more than a 19.99% beneficial owner of Common Stock following such conversion and that prevent conversion to the extent that all shares of Common Stock issued upon conversion of shares of Series G Convertible Preferred Stock or upon exercise of warrants issued pursuant to the Securities Purchase Agreement with the Issuer dated February 18, 2025 would exceed 6,055,606 (collectively, the &quot;Ownership Limitations&quot;).</footnote>
        <footnote id="F4">The reported warrants are currently exercisable, subject to the Ownership Limitations.</footnote>
        <footnote id="F5">On February 18, 2025, the Issuer issued to North Run - Due North Partners, LP a senior secured promissory note (the &quot;Promissory Note&quot;) with an initial principal amount of $4 million. Upon the occurrence of certain circumstances, North Run - Due North Partners, LP will receive 4,000 shares of Issuers Series G Convertible Preferred Stock, which may be convertible into 1,860,465 shares of Common Stock, subject to the Ownership Limitations. The Promissory Note becomes payable on March 3, 2025 and does not have an expiration date.</footnote>
        <footnote id="F6">North Run Strategic Opportunities Fund I GP, LLC, North Run GP, LP, North Run Advisors, LLC, Thomas B. Ellis, Todd B. Hammer and Michael Bosco disclaim beneficial ownership of the reported securities except to the extent of their respective pecuniary interest therein, and this report shall not be deemed an admission that any of them are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ North Run Strategic Opportunities Fund I, LP</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ North Run - Due North Partners, LP, By Thomas B. Ellis, Member</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>North Run GP, LP, By: /s/ Thomas B. Ellis, Member</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>North Run Advisors, LLC, By: /s/ Thomas B. Ellis, Member</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Thomas B. Ellis</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Todd B. Hammer</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Michael Bosco</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>North Run Strategic Opportunities Fund I GP, LLC, By: /s/ Thomas B. Ellis, Member</signatureName>
        <signatureDate>2025-03-07</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
