Core Viewpoint - Silynxcom Ltd. plans to conduct an underwritten public offering of ordinary shares, with the proceeds primarily allocated for working capital and general corporate purposes [1][3]. Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding the completion, size, or terms of the offering [1][2]. - ThinkEquity is the sole book-running manager for the offering, and the company may grant the underwriter a 45-day option to purchase an additional 15% of the shares sold to cover over-allotments [2]. Group 2: Company Overview - Silynxcom Ltd. specializes in developing, manufacturing, and selling ruggedized tactical communication headset devices and accessories, which are field-tested and combat-proven [6]. - The company's In-Ear Headsets are designed for use in various high-risk environments, providing active sound protection while maintaining situational awareness [6]. - Silynxcom sells its products directly to military and law enforcement agencies and collaborates with local distributors and radio equipment manufacturers [6].
Silynxcom Ltd. Announces Proposed Public Offering of Ordinary Shares