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Byrna Technologies Announces Proposed Public Offering of Common Stock
ANDOVER, Mass., June 1, 2021 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or "the Company") (NASDAQ: BYRN) (CSE: BYRN) today announced that it has filed a
About this update from Byrna Technologies, Inc.
[{"type":"text","content":"ANDOVER, Mass., June 1, 2021 /PRNewswire/ -- Byrna Technologies Inc. (\"Byrna\" or \"the Company\") (NASDAQ: BYRN) (CSE: BYRN) today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the \"SEC\") relating to a proposed public offering of its common stock. The Company currently expects an offering size of approximately $50 million, although the offering size, number of shares to be offered and the offering price for the proposed offering have not yet been determined. Byrna intends to use the net proceeds from the proposed offering for working capital and other general corporate purposes. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.\n\n \n \n \n \n \n \n\n \nRaymond James & Associates, Inc. will act as lead book-running manager, B. Riley Securities, Inc. will act as book-running manager and Ladenburg Thalmann & Co. will act as co-manager for the proposed offering.\nThe proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained, when available, from Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, FL 33716, Attention: Equity Syndicate, (800) 248-8863, [email protected]. \nA registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nAbout Byrna Technologies Inc. Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® HD personal security device, a state of th...