Lynrock Lake LP Increases Stake in Everspin Technologies (MRAM) to 4.2%
Lynrock Lake LP, along with Lynrock Lake Partners LLC and Cynthia Paul, filed a Schedule 13G/A on May 15, 2026, disclosing a beneficial ownership stake in Everspin Technologies, Inc. (MRAM). As of the event date on March 31, 2026, the reporting persons collectively hold 969,635 shares of Common Stock, representing 4.2% of the company's outstanding shares. This filing marks an increase from a previously reported zero position, though the total ownership remains below the 5% threshold, as indicated by the Item 5 check box. Lynrock Lake LP serves as the investment manager for Lynrock Lake Master Fund LP, with Cynthia Paul exercising voting and investment power as the Chief Investment Officer and Sole Member of the general partner. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. The calculation is based on 23,320,978 shares outstanding as of late April 2026.