Byrna Technologies issues 104,000 unregistered shares in private placement tied to Hero Defense acquisition
BYRN•Hero Defense acquisition and share issuance
Byrna Technologies completed its Hero Defense Systems asset acquisition on Aug. 6, 2026.
- Issued 104,000 restricted common shares to Hero’s two members in an unregistered private placement under Securities Act Section 4(a)(2).
- Shares carry a six-month lock-up, with additional transfer and trading restrictions under the purchase agreement.
- No underwriters participated. No underwriting discounts or commissions were paid.
