Silynxcom Ltd. (SYNX) Form 424B5 — Oct 2, 2026
Silynxcom Ltd. (NYSE American: SYNX) filed a 424B5 prospectus supplement establishing a $1.3 million at-the-market offering through ThinkEquity LLC, dated October 1, 2026, with a 3.0% commission on gross proceeds. The company has 6,634,400 ordinary shares outstanding; a full $1.3 million sale at ~$0.98-1.00 per share would add up to 1,300,000 shares (~20% increase) with immediate dilution of approximately $0.20 per share to new purchasers. Proceeds are earmarked for working capital and general corporate purposes, and management states existing cash plus this offering should fund operations through at least the next 24 months.
Key figures
- Cash Position
- 2697000
- Gross Proceeds
- 1300000
- Offering Price
- 0.98
- Shares Offered
- 1300000
- Commission Rate
- 3.0%
- Shares Outstanding
- 6634400
- Shelf Size
- $50 million
- Sold Under Shelf
- $2.9 million
- Dilution Per Share
- 0.2
- Last Reported Sale Price
- 0.98
- Non Affiliate Market Value
- 4021559
- As Adjusted Net Tangible Book Value Per Share
- 0.79
AI analysis
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