Lyntris Inc. Announces Pricing of its Initial Public Offering

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WASHINGTON, Aug. 18, 2026 /PRNewswire/ -- Lyntris Inc. ("Lyntris" or the "Company"), a defense technology company delivering "sense-to-act" connectivity solutions for the modern, connected battlespace, announces the pricing of its initial public offering of 17,000,000 shares of its common stock at a public offering price of $17.50 per share. The offering consists of 5,714,286 shares of common stock being offered by Lyntris and 11,285,714 shares of common stock being offered by certain of Lyntris's existing stockholders (the "Selling Stockholders"). Lyntris will not receive any proceeds from the sale of common stock by the Selling Stockholders. The shares of Lyntris's common stock are expected to begin trading on the New York Stock Exchange under the ticker symbol "LYNX" on August 19, 2026, and the offering is expected to close on August 20, 2026, subject to customary closing conditions.

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