Byrna Technologies Enters Definitive Agreement to Acquire HERO Defense Systems Assets

Byrna Technologies entered into a definitive agreement to acquire substantially all assets of HERO Defense Systems for $1.25 million in combined cash and restricted stock, plus a performance-based royalty. The deal adds HERO's compact self-defense products, the HERO 2020 launcher and AIIRO pepper-gel device, creating a lower-priced entry point for new consumers into Byrna's ecosystem.

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