Lakeland Industries Amends 10-K to Correct Shares Outstanding by 8.27%

summarizeSummary

Lakeland Industries filed an amended 10-K to correct an 8.27% error in its reported common shares outstanding, reducing the count from 10.7 million to 9.8 million shares.

check_boxKey Events

• Corrected Shares Outstanding

  The company amended its Form 10-K to revise the number of common shares outstanding as of April 10, 2026, from an erroneous 10,723,205 to the correct 9,836,286 shares.

• Material Correction

  This correction represents an 8.27% reduction in the previously reported share count, providing a more accurate basis for per-share financial analysis.

• Administrative Update

  The amendment solely addresses this share count error and does not alter any other financial statements or disclosures from the original 10-K filed on April 16, 2026.

auto_awesomeAnalysis

Lakeland Industries filed an amendment to its recent 10-K to correct a material error in the reported number of common shares outstanding. The original filing incorrectly stated 10,723,205 shares, which has now been corrected to 9,836,286 shares. This 8.27% reduction in the reported share count is a significant administrative correction that impacts per-share metrics and provides a more accurate capitalization picture, especially following the recent disclosure of a wider net loss and material weakness in the original 10-K.