The defense technology company filed an S-1 with the SEC for a proposed stock offering, with existing shareholders also expected to sell shares and Evercore ISI, Citigroup and Guggenheim Securities leading the deal.
Lyntris has filed a registration statement on Form S-1 with the SEC (U.S. Securities and Exchange Commission) for a proposed initial public offering of common stock and plans to list on the New York Stock Exchange under the ticker symbol "LYNX." Existing stockholders identified in the filing are also expected to sell shares in the offering. The number of shares and price range have not yet been determined, and the company said the transaction remains subject to market conditions, with no assurance on timing, size, pricing or completion. Evercore ISI, Citigroup and Guggenheim Securities are acting as lead book-running managers, while BofA Securities is serving as a joint book-running manager and Baird, Raymond James and William Blair are acting as bookrunners. Lyntris describes itself as a defense technology company focused on "sense-to-act" connectivity solutions that help customers detect threats earlier, decide faster and act with precision in contested, multi-domain environments.