Silynxcom Ltd

Earnings data Q1 2024

Silynxcom Ltd. engages in the development, manufacture, market and sells communication headset devices. It specializes in developing the In-Ear Headset device, a subsegment of the Personal Headset Device market. The In-Ear Headset device is used in both training and operations by the military, law enforcement, and disaster recovery industry professionals. The company was founded on August 22, 2021 and is headquartered in Netanya, Israel.

Repeat Orders from the Israel Defense Forces and Israeli police forces since October 2023 accumulates to over $4.85 million

Silynxcom Received $550,000 in Orders from Israel Defense Forces and Israeli Police Forces Since Beginning of Year

Netanya, Israel, Jan. 17, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, today announced the closing of its initial public offering of 1,250,000 ordinary shares at a public offering price of $4.00 per share, for gross proceeds of $5,000,000, before deducting underwriting discounts and before offering expenses. In addition, the Company has granted the underwriter a 45-day option to purchase up to an additional 187,500 ordinary shares to cover over-allotments at the initial public offering price, less the underwriting discount.

Silynxcom Announces Closing of Initial Public Offering

Netanya, Israel, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (the “Company” or “Silynxcom”) (NYSE American: SYNX), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, today announced the pricing of its initial public offering of 1,250,000 ordinary shares at a price to the public of $4.00 per share, for gross proceeds of $5,000,000, before deducting underwriting discounts and offering expenses. In addition, Silynxcom has granted the underwriters a 45-day option to purchase up to an additional 187,500 ordinary shares to cover over-allotments at the public offering price, less the underwriting discount.

Silynxcom Ltd. Announces Pricing of Initial Public Offering

Silynxcom Ltd. has filed for a $10 million IPO to raise capital for research and development, marketing, and general corporate purposes. The company develops and manufactures tactical communications headsets and accessories for military and law enforcement use. Silynxcom has a growing order book and pipeline, which could be a bullish factor for the stock post-IPO.

News for Silynxcom Ltd Stock (SYNX)