Silynxcom Ltd. Announces Pricing of Public Offering

From GlobeNewswire: 2025-03-31 23:14:00

Silynxcom Ltd. (NYSE American: SYNX) announced the pricing of an underwritten public offering of 1,290,000 ordinary shares at $2.25 per share, totaling $2.9 million in gross proceeds. The Company granted the underwriters a 45-day option to purchase up to an additional 193,500 ordinary shares. The offering is expected to close on April 2, 2025. ThinkEquity is the sole book-running manager for the offering. The net proceeds will be used for working capital and general corporate purposes. The securities are being offered and sold pursuant to a shelf registration statement on Form F-3.

Silynxcom Ltd. develops, manufactures, and sells ruggedized tactical communication headset devices used in combat, riot control, and other high-risk situations. The In-Ear Headsets provide active sound protection and 360° situational awareness. The Company sells directly to military forces, police, and other law enforcement units, as well as through local distributors and strategic partnerships with radio equipment manufacturers. The Company’s products are field-tested, combat-proven, and designed based on feedback from soldiers and police officers in the field.

Forward-Looking Statements: The press release contains forward-looking statements subject to substantial risks and uncertainties. It cautions not to place undue reliance on these statements, as they speak only as of the date made. The Company undertakes no obligation to update these statements for revisions or changes after the release date, except as required by law. For Investor Relations Inquiries, contact ARX Capital Market Advisors at [email protected].



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