Silynxcom Ltd. Completes Public Offering
Silynxcom Ltd. Announces Closing of Public Offering
April 2, 2025 - Silynxcom Ltd. (the "Company"), a leading provider of innovative technology solutions, today announced the closing of its public offering of common shares. The offering, which was priced at $10.00 per share, was led by a syndicate of underwriters including [Underwriter 1], [Underwriter 2], and [Underwriter 3].
The offering consisted of [X] million common shares, which were sold to institutional and individual investors. The net proceeds from the offering, after deducting underwriting commissions and offering expenses, are approximately [$X] million. The Company intends to use the net proceeds from the offering to fund the expansion of its technology platform, as well as for working capital and general corporate purposes.
"We are thrilled to have successfully closed our public offering and to have received such strong support from investors," said [Name], CEO of Silynxcom Ltd. "We believe that our technology has the potential to transform the way businesses operate, and we are excited to use the proceeds from this offering to accelerate our growth and development."
The common shares are listed on the [Stock Exchange] under the ticker symbol [Ticker Symbol]. The offering was made pursuant to a registration statement on Form S-1 that was filed with the Securities and Exchange Commission and became effective on [Date].
Silynxcom Ltd. is a leading provider of innovative technology solutions that enable businesses to streamline their operations and improve their bottom line. The Company's technology platform is designed to provide real-time visibility and control over business operations, allowing businesses to make data-driven decisions and optimize their performance.
For more information, please contact:
[Name] Silynxcom Ltd. [Email] [Phone]