Lyntris Announces Pricing of Initial Public Offering

Washington, D.C. -- August 18, 2026 -- Lyntris Inc. (LYNX), a defense technology company, announced the pricing of its initial public offering of 17,000,000 shares of common stock at a public offering price of $17.50 per share.

The offering consists of 5,714,286 shares offered by Lyntris and 11,285,714 shares offered by selling stockholders. Trading is expected to begin on the New York Stock Exchange under the ticker symbol LYNX on August 19, 2026.

Underwriters have been granted a 30-day option to purchase up to an additional 2,550,000 shares to cover overallotments. Lyntris intends to use its net proceeds to repay approximately $60.0 million outstanding under its new revolving credit facility and the remainder for general corporate purposes.