Harpeth Capital Serves as Financial Advisor to Lighting Science Group Corporation
Harpeth Capital, LLC is pleased to announce that it served as financial advisor to the Independent Committee of the Board of Directors of Lighting Science Group Corporation (OTC:LSCG) and issued a fairness opinion to the Committee in connection with the Company’s execution of a reverse stock split of its common stock and going private. Previously, in July 2017 Harpeth Capital served as financial advisor in connection with the Committee’s recommendation and the Board’s decision to pursue a deregistration of its common stock.
Based in Rhode Island, Lighting Science, a portfolio company of Pegasus Capital Advisors, is a leading innovator and manufacturer of LED lighting solutions across a wide range of consumer and commercial applications. The Company’s products can be found in home improvement retail stores nationwide. Additional information on the Company can be found at www.lsgc.com.
“On behalf of the Board and Independent Committee, I want to thank Harpeth Capital for their assistance with this transaction,” said Don Harkleroad, Chairman of the Independent Committee. “The Company’s situation involved several unique dynamics, and Harpeth Capital’s responsiveness and insights were very much appreciated.”