SC 13D/A 1 p24-3084sc13da.htm LUNA INNOVATIONS INCORPORATED

証券取引委員会です
ワシントンD.C. 20549

スケジュール 13D/A

1934年の証券取引法に基づく
(修正第2号) *

ルナイノベーションズ組み込まれています
(発行者の名前)

普通株式、額面価値は1株あたり0.001ドルです
（証券クラスのタイトル）

550351100
(キューシップ番号)

デビッド・J・チャンリー
ホワイトハット・キャピタル・パートナーズLP
520 マディソンアベニュー、33^赤床
ニューヨーク、ニューヨーク 10022
(212) 257-5940

コピーを次の場所にコピーしてください。

エレザー・クライン弁護士デビッド・A・カーチス弁護士
シュルテ・ロス・アンド・ザベル法律事務所
919 サードアベニュー
ニューヨーク州ニューヨーク10022
(212) 756-2000
(本人の氏名、住所、電話番号)
通知および通信の受信が許可されています)

2024年10月25日
(本声明の提出を必要とする事由の日付)

以前にSchedule 13Gに記載した声明を提出した申告者が、このSchedule 13Dの対象となる取得を報告するためにこのスケジュールを提出する場合、Rule 13d-1(e)、Rule 13d-1(f)、またはRule 13d-1(g)によるものである場合は、次のボックスをチェックしてください。[ ]

(14ページの1ページ目)

______________________________

※この表紙ページの残りは、報告者の初回申告に関するものであり、当該証券クラスに関する開示を変更する情報を内包する任意の後続の修正事項に関しても同様です。

このカバーページの残りに必要な情報は、1934年の証券取引法第18条の目的で「申告済み」と見なされるものではありませんが、その法令の責任の対象とならず、すべてのその他の法令の対象となります（ただし、注を参照）。アクトまた、このカバーページの残りに必要な情報は、1934年の証券取引法第18条の目的で「申告済み」と見なされるものではありませんが、その法令の責任の対象とならず、すべてのその他の法令の対象となります（ただし、注を参照）。

CUSIP番号 550351100

スケジュール13D/A

ページ 2 14ページ中の1ページ

1	報告者の名前ホワイトハットライトニングオポチュニティ LP
2	グループのメンバーである場合は、該当するボックスをチェックしてください（説明書を参照）		(a) ¨ (b) x
3	SECは利用できません
4	資金の源泉 WC
5	項目2（d）または2（e）に基づいて法的手続きの開示が必要な場合は、チェックボックスをオンにしてください。		¨
6	国籍または組織地デラウェア州
株式数株式利益のある所有するそれぞれ報告書人との対応:	7	単独の投票権を有する株式の数 -0-
	8	共同の議決権普通株式の発行可能株式は831,270株であり、（以下の項目4で定義されているSeries b転換可能優先株式の株式を転換した場合を含む）（項目4で定義される一つ以上の後発発行において発行されるSeries b転換可能優先株式を転換した場合を含む）113,432株の普通株式が発行可能です。
	9	単独の設計能力 -0-
	10	共同設計能力普通株式の発行可能株式は831,270株であり、（後発発行の場合を含む）（1つ以上の後続発行で発行されるSeries b転換可能優先株式を転換した場合を含む）113,432株の普通株式が発行可能です。
11	それぞれが受益者所有する合算金額在一家或多家后续发行中可转换的优先股份所转换的831,270股普通株式（包括通过转换一家或多家后续发行中的优先股可转换的113,432股普通株式）*
12	行（11）の総額に特定の株式が除外される場合は、チェックしてください。			¨
13	行（11）の額によって表されるクラスの割合 2.3%*
14	報告者の種類 PN

*優先株式シリーズb転換株式の株式への換算は、以下で定義されるブロッカーの対象となります。8行目、10行目、11行目の普通株式の株式数と割合が設定されています。

序列で次に（13）列には、この表紙に報告されている序列b変換型优先股の全額変換が反映されています。ただし、いつでもこのような序列b変換型优先股を変換できる能力は、集約的にレポーティングパーソンの利益所有権に適用されるブロッカーにかかっています。

CUSIP番号 550351100

スケジュール13D/A

ページ 3 14ページ中の1ページ

1	報告者の名前 WHライトニングGP LLC
2	グループのメンバーである場合は、該当するボックスをチェックしてください（説明書を参照）		(a) ¨ (b) x
3	SECは利用できません
4	資金の源泉 AF
5	項目2（d）または2（e）に基づいて法的手続きの開示が必要な場合は、チェックボックスをオンにしてください。		¨
6	国籍または組織地デラウェア州
株式数株式利益のある所有するそれぞれ報告書人との対応:	7	単独の投票権を有する株式の数 -0-
	8	共同の議決権優先株式の転換により発行可能な普通株式が831,270株（後発株式の転換により発行可能な普通株式113,432株含む）
	9	単独の設計能力 -0-
	10	共同設計能力優先株式の転換により発行可能な普通株式が831,270株（後発株式の転換により発行可能な普通株式113,432株含む）
11	それぞれが受益者所有する合算金額 831,270株の優先株式を転換することにより発行可能な普通株式の株式（このうちシリーズb転換可能優先株式を転換することにより発行可能な普通株式113,432株を含む）
12	行（11）の総額に特定の株式が除外される場合は、チェックしてください。			¨
13	行（11）の額によって表されるクラスの割合 2.3%*
14	報告者の種類 OO

* Series b転換優先株式の株式転換はブロッカーの対象となります。行(8)、(10)、および(11)の普通株式の株式数、および行(13)に示された割合が反映されています

优先股B系列的全部转换报告已在本封面页上完成，但是随时转换此类B系列优先股的能力取决于Blocker，该Blocker适用于报告人在总数上的受益所有权。

CUSIP番号 550351100

スケジュール13D/A

ページ 4 14ページ中の1ページ

1	報告者の名前ホワイト・ハット・ストラテジック・パートナーズII LP
2	グループのメンバーである場合は、該当するボックスをチェックしてください（説明書を参照）		(a) ¨ (b) x
3	SECは利用できません
4	資金の源泉 WC
5	項目2（d）または2（e）に基づいて法的手続きの開示が必要な場合は、チェックボックスをオンにしてください。		¨
6	国籍または組織地デラウェア州
株式数株式利益のある所有するそれぞれ報告書人との対応:	7	単独の投票権を有する株式の数 -0-
	8	共同の議決権 1,246,908株の優先株式の普通株式への転換により発行可能な株式（複数の追加発行に応じて発行される株式を含む普通株式170,149株）*
	9	単独の設計能力 -0-
	10	共同設計能力 1,246,908株の優先株式の普通株式への転換により発行可能な株式（複数の追加発行に応じて発行される株式を含む普通株式170,149株）*
11	それぞれが受益者所有する合算金額優先株式の株式転換により発行可能な普通株式1,246,908株（後発株の株式転換により発行可能な普通株式170,149株を含む）*
12	行（11）の総額に特定の株式が除外される場合は、チェックしてください。			¨
13	行（11）の額によって表されるクラスの割合 3.5%*
14	報告者の種類 PN

* The conversion of the shares of Series B Convertible Preferred Stock reported herein is subject to the Blocker. The number of shares of Common Stock in rows (8), (10) and (11) and the percentage set forth in row (13) reflect the

conversion in full of the Series B Convertible Preferred Stock reported on this cover page, however, the ability to convert such Series B Convertible Preferred Stock at any given time is subject to the Blocker which applies to the beneficial ownership of the Reporting Persons in the aggregate.

CUSIP No. 550351100

SCHEDULE 13D/A

Page 5 of 14 Pages

1	NAME OF REPORTING PERSON White Hat SP GP II LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP		(a) ¨ (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)		¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	7	SOLE VOTING POWER -0-
	8	SHARED VOTING POWER 1,246,908 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 170,149 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
	9	SOLE DISPOSITIVE POWER -0-
	10	SHARED DISPOSITIVE POWER 1,246,908 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 170,149 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 1,246,908 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 170,149 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES			¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.5%*
14	TYPE OF REPORTING PERSON OO

CUSIP No. 550351100

SCHEDULE 13D/A

Page 6 of 14 Pages

1	NAME OF REPORTING PERSON White Hat Structured Opportunities LP
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP		(a) ¨ (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS WC
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)		¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	7	SOLE VOTING POWER -0-
	8	SHARED VOTING POWER 8,312,724 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,134,328 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
	9	SOLE DISPOSITIVE POWER -0-
	10	SHARED DISPOSITIVE POWER 8,312,724 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,134,328 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 8,312,724 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,134,328 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES			¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.99%*
14	TYPE OF REPORTING PERSON PN

*The conversion of the shares of Series B Convertible Preferred Stock reported herein is subject to the Blocker and the percentage set forth in row (13) gives effect to the Blocker. However, rows (8), (10) and (11) show the number

shares of Common Stock that would be issuable upon the conversion of the shares of Series B Convertible Preferred Stock in full and does not give effect to the Blocker. Therefore, the actual number of shares of Common Stock beneficially owned by such Reporting Person, after giving effect to the Blocker, is less than the number of securities reported in rows (8), (10) and (11).

CUSIP No. 550351100

SCHEDULE 13D/A

Page 7 of 14 Pages

1	NAME OF REPORTING PERSON WHSO GP LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP		(a) ¨ (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)		¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	7	SOLE VOTING POWER -0-
	8	SHARED VOTING POWER 8,312,724 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,134,328 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
	9	SOLE DISPOSITIVE POWER -0-
	10	SHARED DISPOSITIVE POWER 8,312,724 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,134,328 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 8,312,724 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,134,328 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES			¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.99%*
14	TYPE OF REPORTING PERSON OO

*The conversion of shares of Series B Convertible Preferred Stock reported herein is subject to the Blocker and the percentage set forth in row (13) gives effect to the Blocker. However, rows (8), (10) and (11) show the number of shares of Common Stock that would be issuable upon the conversion of the shares of Series B Convertible Preferred

Stock in full and does not give effect to the Blocker. Therefore, the actual number of shares of Common Stock beneficially owned by such Reporting Person, after giving effect to the Blocker, is less than the number of securities reported in rows (8), (10) and (11).

CUSIP No. 550351100

SCHEDULE 13D/A

Page 8 of 14 Pages

1	NAME OF REPORTING PERSON White Hat Capital Partners LP
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP		(a) ¨ (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)		¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	7	SOLE VOTING POWER -0-
	8	SHARED VOTING POWER 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
	9	SOLE DISPOSITIVE POWER -0-
	10	SHARED DISPOSITIVE POWER 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES			¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.99%*
14	TYPE OF REPORTING PERSON PN

CUSIP No. 550351100

SCHEDULE 13D/A

Page 9 of 14 Pages

1	NAME OF REPORTING PERSON David J. Chanley
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP		(a) ¨ (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)		¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION United Stated of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	7	SOLE VOTING POWER -0-
	8	SHARED VOTING POWER 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
	9	SOLE DISPOSITIVE POWER -0-
	10	SHARED DISPOSITIVE POWER 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES			¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.99%*
14	TYPE OF REPORTING PERSON IN

CUSIP No. 550351100

SCHEDULE 13D/A

Page 10 of 14 Pages

1	NAME OF REPORTING PERSON Mark R. Quinlan
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP		(a) ¨ (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS AF
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)		¨
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:	7	SOLE VOTING POWER -0-
	8	SHARED VOTING POWER 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
	9	SOLE DISPOSITIVE POWER -0-
	10	SHARED DISPOSITIVE POWER 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON 10,390,902 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock (including 1,417,909 shares of Common Stock issuable upon conversion of shares of Series B Convertible Preferred Stock issuable in one or more Subsequent Issuance(s))*
12	CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES			¨
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.99%*
14	TYPE OF REPORTING PERSON IN

CUSIP No. 550351100

SCHEDULE 13D/A

Page 11 of 14 Pages

The following constitutes Amendment No. 2 (“Amendment No. 2”) to the Schedule 13D filed by the undersigned with the Securities and Exchange Commission on December 27, 2023 (the “Original Schedule 13D”), as amended by Amendment No. 1 to the Original Schedule 13D filed by the undersigned with the Securities and Exchange Commission on July 23, 2024 (“Amendment No. 1,” and the Original Schedule 13D as amended by Amendment No. 1 and this Amendment No. 2, the “Schedule 13D”). This Amendment No. 2 amends the Schedule 13D as specifically set forth herein. Capitalized terms used herein and not otherwise defined in this Amendment No. 2 have the meanings set forth in the Schedule 13D.

Item 3.	SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

Item 3 of the Schedule 13D is hereby amended and supplemented to include the following:

	The White Hat Funds acquired the 3,000 Additional Shares (as defined below) reported herein in exchange for the Preferred Consent (as defined below) and an amount in cash equal to the par value thereof. The White Hat Funds have the option to acquire in one or more additional closings an additional 9,500 shares of Series B Convertible Preferred Stock at $1,000 per share of Series B Convertible Preferred Stock. The source of the cash funds used to acquire the Additional Shares was the working capital of the White Hat Funds.

Item 4.	PURPOSE OF TRANSACTION

Item 4 of the Schedule 13D is hereby amended and supplemented to include the following:

	First Amendment to Loan Agreement

	On October 25, 2024 (the “Closing Date”), certain funds affiliated with the Investment Manager (collectively, the “Lenders”) entered into that certain First Amendment (the “Loan Amendment”) to the Loan Agreement, with the Issuer, as borrower, Luna Technologies, Inc. and General Photonics Corp. as guarantors (together with the Issuer, the “Loan Parties”), and White Hat Lightning Opportunity LP, as agent (the “Agent”). The Loan Amendment provides for, among other things, the extension of certain incremental term facilities to the Issuer in an aggregate amount of $15,000,000 (the “Term Loans”), bringing the resulting total Term Loan commitment to $30,000,000, to provide funds for working capital and general corporate purposes of the Loan Parties. The Loan Amendment provides that the Loan Agreement will mature on the earlier of (i) June 30, 2025, subject to possible extension if the Issuer meets certain milestones related to a Sale Transaction (as defined in the Loan Agreement), and (ii) the date on which a Sale Transaction closes.

	The Loan Amendment provides that the Loan Agreement will bear interest at a floating rate per annum equal to the Term SOFR (as defined in the Loan Amendment) plus a margin of 12%, with such interest payable monthly in cash in arrears, effective as of the Closing Date.

CUSIP No. 550351100

SCHEDULE 13D/A

Page 12 of 14 Pages

	In connection with the Loan Amendment, on the Closing Date, the Loan Parties, Lenders, Agent and PNC Bank, National Association (“PNC”) entered into that certain First Amendment (the “Subordination Agreement Amendment” and, together with that certain Fifth Amendment to the Loan Agreement, dated as of December 1, 2020 between the Loan Parties and PNC, the Loan Amendment and the other ancillary transaction documents executed in connection with the Loan Amendment, the “Transaction Documents”) to the Subordination and Intercreditor Agreement, dated as of July 19, 2024, to, among other things, restate the relative rights and priority of PNC and the Agent.

	The foregoing description of the Loan Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Loan Amendment. For further information regarding the Loan Amendment, reference is made to the full text of the Loan Amendment, which has been filed as Exhibit 99.5 hereto and incorporated by reference herein.

	Private Placement of Series B Convertible Preferred Stock

	In connection with the execution of the Transaction Documents, on the Closing Date, the holders (the “Holders”) of the Issuer’s Series B Convertible Preferred Stock entered into that certain Letter Agreement (the “Letter Agreement”) with the Issuer pursuant to which, among other things, the Holders (i) provided consent to the Issuer’s entry into the Transaction Documents (the “Preferred Consent”) as required by the terms of the outstanding Series B Convertible Preferred Stock and (ii) agreed to exercise a portion of their right to purchase, on a pro rata basis, and the Issuer agreed to issue and sell, 3,000 shares of the Series B Convertible Preferred Stock (the “Additional Shares”) in exchange for the Preferred Consent and an amount in cash equal to the par value thereof, in accordance with the Subscription Agreement, as amended by the Letter Agreement.

	Following the transaction described herein, the Holders have the option to acquire in one or more additional closings an additional 9,500 shares of Series B Convertible Preferred Stock at $1,000 per share of Series B Convertible Preferred Stock.

	The foregoing description of the Letter Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Letter Agreement. For further information regarding the Letter Agreement, reference is made to the full text of the Letter Agreement, which has been filed as Exhibit 99.6 hereto and incorporated by reference herein.

CUSIP No. 550351100

SCHEDULE 13D/A

Page 13 of 14 Pages

Item 5.	INTEREST IN SECURITIES OF THE ISSUER

Items 5(a) and (b) of the Schedule 13D are hereby amended and restated in their entirety:

(a)	See rows (11) and (13) of the cover pages to this Schedule 13D/A for the aggregate number of shares of Common Stock and percentages of shares of Common Stock beneficially owned by each of the Reporting Persons, which includes accumulated dividends through October 25, 2024. The percentages used in this Schedule 13D/A are calculated based upon an aggregate of 34,697,019 shares of Common Stock outstanding as of December 20, 2023, as described in the Subscription Agreement, and assumes the conversion of the shares of Series B Convertible Preferred Stock held by the White Hat Funds, subject to the Blocker.

(b)	See rows (7) through (10) of the cover pages to this Schedule 13D/A for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition, which includes accumulated dividends through October 25, 2024.

Item 6.	CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER

Item 6 of the Schedule 13D is hereby amended and supplemented to include the following:

	The information set forth in Item 4 of Amendment No. 2 is hereby incorporated by reference.

Item 7.	MATERIAL TO BE FILED AS EXHIBITS

Item 7 of the Schedule 13D is hereby amended and supplemented to include the following:

Exhibit 99.5	First Amendment to Loan Agreement, dated as of October 25, 2024, by and among the Company, Luna Technologies, Inc., General Photonics Corp., White Hat Lightning Opportunity LP and certain funds affiliated with White Hat Capital Partners LP (incorporated by reference to Exhibit 10.2 of the Issuer’s Current Report on Form 8-K filed with the SEC on October 29, 2024).

Exhibit 99.6	Letter Agreement, dated as of October 25, 2024, by and among the Company and the Holders (incorporated by reference to Exhibit 10.3 of the Issuer’s Current Report on Form 8-K filed with the SEC on October 29, 2024).

CUSIP No. 550351100

SCHEDULE 13D/A

Page 14 of 14 Pages

SIGNATURES

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

DATE: October 29, 2024	/s/ David J. Chanley
	DAVID J. CHANLEY, (i) individually, (ii) as Managing Member of: (a) WH Lightning GP LLC, (x) for itself and (y) as General Partner of White Hat Lightning Opportunity LP, (b) White Hat SP GP II LLC, (x) for itself and (y) as General Partner of White Hat Strategic Partners II LP, (c) WHSO GP LLC, (x) for itself and (y) as General Partner of White Hat Structured Opportunities LP and (d) White Hat Capital Partners GP LLC, as General Partner of White Hat Capital Partners LP.

	/s/ Mark R. Quinlan
	MARK R. Quinlan, individually