Lyntris Inc. priced its initial public offering on August 18, 2026, at $17.50 per share for 17,000,000 shares of common stock. The offering includes 5,714,286 newly issued shares by the Company and 11,285,714 shares sold by existing stockholders. Net proceeds to Lyntris were approximately $69.5 million after deducting underwriting discounts and estimated expenses. The company intends to use these funds to repay approximately $60.0 million of outstanding indebtedness and for general corporate purposes. Trading on the New York Stock Exchange began on August 19, 2026, under the ticker symbol LYNX, with closing occurring on August 20, 2026. Concurrently, seven new directors were appointed to the Board, and the company adopted its 2026 Stock Incentive Plan. Lyntris Inc. is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace.