Feb 20 (Reuters) - Giga-tronics Inc GIGA.O :
* On February 16, 2015, entered into securities purchase agreement and an
investor rights agreement with alara capital avi II llc
* Says alara is currently the largest beneficial owner of the company's equity
securities
* Says on January 23, 2013, the company adopted a shareholder rights plan
* Shareholder rights plan permitted alara to beneficially own all shares of the
co then beneficially owned by it without triggering event
* Source text for Eikon ID:nEOL7scMt9
* Further company coverage GIGA.O
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