TechMediaBreaks – Silynxcom Ltd. (NYSE American: SYNX) Secures $2.9M in Underwritten Public Offering
Silynxcom (NYSE American: SYNX), a manufacturer and developer of ruggedized tactical communication headset devices and other communication accessories, has closed its previously announced underwritten public offering of 1,290,000 ordinary shares, each at a public offering price of $2.25, with all ordinary shares offered by the company. In addition, Silynxcom granted the underwriters a 45-day option to purchase up to an additional 193,500 ordinary shares at the public offering price, less underwriting discounts and commissions, to cover overallotments, if any. The company secured gross proceeds of approximately $2.9 million in the offering, of which it intends to use the net primarily…