Silynxcom Ltd.

Silynxcom Ltd. (SYNX) priced its initial public offering on Jan 16, 2024 at $4.00 per share, within its $1.27–$59.46 range, raising $5M, and listed on NYSE American. At the IPO price its market capitalization was about $21M. ThinkEquity was lead-left underwriter. Sullivan & Worcester advised the company and Greenberg Traurig advised the underwriters.

Silynxcom Ltd. develops, manufactures, markets and sells ruggedized tactical communication headsets and accessories. Its in-ear headsets are used in combat, riot control and weapons training and integrate with third-party ruggedized radios.

Status

IPO

Ticker

SYNX

Exchange

NYSE American

Priced

Jan 16, 2024

IPO price

$4.00

Price range

$1.27–$59.46

Raised

$5M

Market cap at IPO price

$21M

First filed

Oct 27, 2023

Underwriters

ThinkEquity

Company counsel

Sullivan & Worcester

Underwriters' counsel

Greenberg Traurig

Sector

Industrials & materials

Country / state

Israel

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.