<SEC-DOCUMENT>0001683168-25-008964.txt : 20251208
<SEC-HEADER>0001683168-25-008964.hdr.sgml : 20251208
<ACCEPTANCE-DATETIME>20251208075936
ACCESSION NUMBER:		0001683168-25-008964
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251208
DATE AS OF CHANGE:		20251208

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANTRONIX INC
		CENTRAL INDEX KEY:			0001114925
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER COMMUNICATIONS EQUIPMENT [3576]
		ORGANIZATION NAME:           	06 Technology
		EIN:				330362767
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-60979
		FILM NUMBER:		251554666

	BUSINESS ADDRESS:	
		STREET 1:		48 DISCOVERY, SUITE 250
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92618
		BUSINESS PHONE:		9494533990

	MAIL ADDRESS:	
		STREET 1:		48 DISCOVERY, SUITE 250
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92618

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TL Investment GmbH
		CENTRAL INDEX KEY:			0001429778
		ORGANIZATION NAME:           	
		EIN:				000000000

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		BIESINGERSTR. 27
		CITY:			TUBINGEN
		PROVINCE COUNTRY:   	2M
		ZIP:			72070
		BUSINESS PHONE:		49 7071 94930

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		BIESINGERSTR. 27
		CITY:			TUBINGEN
		PROVINCE COUNTRY:   	2M
		ZIP:			72070
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0001683168-21-005965</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: TL Investment GmbH -->
          <cik>0001429778</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>9</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.0001</securitiesClassTitle>
      <dateOfEvent>12/01/2025</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001114925</issuerCIK>
        <issuerCUSIP>516548203</issuerCUSIP>
        <issuerName>LANTRONIX INC</issuerName>
        <address>
          <com:street1>48 Discovery, Suite 250</com:street1>
          <com:city>Irvine</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>92618</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>TL Investment GmbH</personName>
          <personPhoneNum>07071 9755280</personPhoneNum>
          <personAddress>
            <com:street1>Biesingerstr. 27</com:street1>
            <com:city>Tuebingen</com:city>
            <com:stateOrCountry>2M</com:stateOrCountry>
            <com:zipCode>72070</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001429778</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>TL Investment GmbH</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>2M</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>0.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>0</percentOfClass>
        <typeOfReportingPerson>IV</typeOfReportingPerson>
        <commentContent>For Items 7 -13: Immediately prior to the transfers discussed herein, TL Investment held sole voting power and sole dispositive power over 5,166,471 shares of Common Stock, par value $0.0001 per share, which represented approximately 13.1% of the Common Stock, calculated based on 39,358,610  shares of Common Stock, par value $0.0001 per share, outstanding as of November 1, 2025, as reported in the Issuer's Form 10-Q for the quarterly period ended September 30, 2025.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001134246</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>BRUSCHA BERNHARD</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>2M</citizenshipOrOrganization>
        <soleVotingPower>2347925.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>2347925.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>2347925.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>6.0</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>Items 7, 9, 11 and 13:  Immediately prior to the transfers discussed herein, Mr. Bruscha held sole voting power and sole dispositive power over 5,347,925 shares of Common Stock, par value $0.0001 per share, which represented approximately 13.1% of the Issuer's Common Stock, calculated based on 39,358,610 shares of Common Stock, par value $0.0001 per share, outstanding as of November 1, 2025, as reported in the Issuer's Form 10-Q for the quarterly period ended September 30, 2025.These shares consisted of 5,166,471 shares of Common Stock held by TL Investment, for whom Mr. Bruscha served as the sole managing director, and 181,454 shares held directly.  Effective December 1, 2025, Mr. Bruscha transferred 3,000,000 shares to TL Stiftung.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonNoCIK>Y</reportingPersonNoCIK>
        <reportingPersonName>Manfred Rubin-Schwarz</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>2M</citizenshipOrOrganization>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>0.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>0</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>For Items 7 -13: Mr. Rubin-Schwarz previously served as co-managing director of TL Investment, until his retirement on December 31, 2023.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock, par value $0.0001</securityTitle>
        <issuerName>LANTRONIX INC</issuerName>
        <issuerPrincipalAddress>
          <com:street1>48 Discovery, Suite 250</com:street1>
          <com:city>Irvine</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>92618</com:zipCode>
        </issuerPrincipalAddress>
      </item1>
      <item3>
        <fundsSource>Item 3 is hereby amended to add the following:

On December 1, 2025, the shares of Common Stock held by TL Investment were transferred to TL Investment's sole owner, Mr. Bruscha, and then 3,000,000 shares were immediately gifted by Mr. Bruscha to TL Stiftung, a charitable foundation based in Tuebingen, Germany ("TL Stiftung").</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>Item 4 is hereby amended to add the following:

On December 1, 2025, TL Investment transferred to Mr. Bruscha all 5,166,471 shares of Common Stock of the Issuer held by TL Investment.  On that same date, Mr. Bruscha gifted 3,000,000 shares, to TL Stiftung, as a gift. Accordingly, as of December 1, 2025, TL Investment ceased to have beneficial ownership of any shares of Common Stock, and Mr. Bruscha was the beneficial owner of 2,347,925 shares of Common Stock.

Mr. Bruscha resigned from the Board of Directors of the Issuer effective November 9, 2021, and currently holds no positions with the Issuer. Manfred Rubin-Schwarz retired as one of the two managing directors of TL Investment on December 31, 2023.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>The information contained on each of the cover pages of this Amendment No. 9 to the Statement is hereby incorporated by reference herein.</percentageOfClassSecurities>
        <numberOfShares>The information contained on each of the cover pages of this Amendment No. 9 to the Statement is hereby incorporated by reference herein.</numberOfShares>
        <transactionDesc>Except as set forth in Item 4 of this Amendment, which information is incorporated by reference into this Item 5(c), none of the Reporting Persons has effected any transactions in the Common Stock during the past 60 days, except that on October 7, 2025, Mr. Bruscha vested with respect to 25,000 shares of Common Stock previously granted to Mr. Bruscha pursuant to the Lantronix, Inc. Amended and Restated 2010 Stock Incentive Plan.</transactionDesc>
        <date5PercentOwnership>As of December 31, 2023, Mr. Rubin-Schwarz ceased to beneficially own more than 5% of the outstanding Common Stock of the Issuer. As of December 1, 2025, TL Investment ceased to beneficially own more than 5% of the outstanding Common Stock of the Issuer.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>Item 6 is hereby amended to add the following:

The information set forth in Item 4 of this Amendment is incorporated by reference into this Item 6.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>https://www.sec.gov/Archives/edgar/data/1114925/000101968708005112/ltrx_sc13d-111008.htm</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>TL Investment GmbH</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Bernhard Bruscha</signature>
          <title>Bernhard Bruscha - Managing Member</title>
          <date>12/08/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>BRUSCHA BERNHARD</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Bernhard Bruscha</signature>
          <title>Bernhard Bruscha</title>
          <date>12/08/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Manfred Rubin-Schwarz</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Manfred Rubin-Schwarz</signature>
          <title>Manfred Rubin-Schwarz</title>
          <date>12/08/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>
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</SEC-DOCUMENT>
