Silynxcom ltd. announces pricing 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.
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