L

Lyntris

LYNXRecent IPO

Lyntris Inc. · NYSE · Defense technology · Report filing 2026/08/19 · SEC checked 2026-10-07

SEC
DAILY SEC UPDATE424B4 analysed from the latest filing

Lyntris offered 5,714,286 primary shares and 11,285,714 secondary shares at $17.50 per share, with estimated net primary proceeds of approximately $69.5 million.

One-minute decisionBASIC RESEARCHSource completeness · 94%

Newly listed — lower pricing helps, but secondary supply remains material

Lyntris priced 17.0M shares at $17.50 after the registration became effective on August 18, 2026.

Where does the money go?$69.5M net*Primary/secondary percentages use the final 17.0M-share base offer. Dollar amounts mix company net proceeds and selling-holder gross value and are therefore shown separately, not added together.
Ownership and votingTrive distribution recipients~58.0% post economic · Not separately disclosed voting
Next disclosed checkpointClosing and post-listing filingsMonitor option exercise, Form 8-K, and trading liquidity

Capital destination

$69.5M net*

Primary/secondary percentages use the final 17.0M-share base offer. Dollar amounts mix company net proceeds and selling-holder gross value and are therefore shown separately, not added together.

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · 424B4 ↗
Next checkClosing and post-listing filingsMonitor option exercise, Form 8-K, and trading liquidity

Capital destination

$69.5M net*

Primary/secondary percentages use the final 17.0M-share base offer. Dollar amounts mix company net proceeds and selling-holder gross value and are therefore shown separately, not added together.

Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.

Check the source · 424B4 ↗
BOOKRUNNERS / LEAD UNDERWRITERSLead book-running managers
CONFIRMED
  1. 1Evercore Group L.L.C.29.00%4,930,000 shares
  2. 2Citigroup Global Markets Inc.28.00%4,760,000 shares
  3. 3Guggenheim Securities, LLC19.00%3,230,000 shares
The final prospectus identifies these firms as lead book-running managers and discloses their commitments.Allocation basis: Share of the 17,000,000-share base offering. These three leads represent 76%; other syndicate members represent 24%. This is underwriting commitment, not fees or post-listing ownership.Source · 424B4 ↗

Dilution and valuation

IPO price$17.50
Basic post-offer115.95M
Fully diluted sharesAwaiting verification
Value$2.029B
Dilution and valuation
CalculationSharesValueReference
Basic post-offer115.95M$2.029B$17.50

Basic-price scenario

$17.50 × 115,950,000 = $2,029,125,000

Basic shares only · mechanical scenario, not a price forecast or fully diluted valuation.

$17.50

Check the source · 424B4 ↗

Trive distribution recipients

~58.0% post

Recipients of the Trive distribution hold about 58% after the base offering.

Post-offer distribution pool; recipients are not one voting bloc · 2026/08/19

Lyntris states it will not rely on controlled-company exemptions

One disclosed holder; not a complete ownership distribution.Check the source · 424B4 ↗

Conditional lock-up timeline

Conditional lock-up timeline

Eligibility is not a sale. Release conditions, holder groups and exceptions remain separate.

Calendar dates from 2026-08-19

  1. First tranche180 days after the August 18 prospectus date; final lock-up terms and any underwriter waiver prevail.
Holder / event
Holder / eventTerm / dateConditions
First tranche2027/02/14 ~14.5% · ~16.81M new · ~33.81M cumulative180 days after the August 18 prospectus date; final lock-up terms and any underwriter waiver prevail.
Basis and evidence
First tranche

First tranche · Trive distribution recipients and existing holders; precise selling intent is not disclosed. · February 14, 2027 · 180 days after the August 18 prospectus date; final lock-up terms and any underwriter waiver prevail.

Lock-up / shares eligible for future sale ↗

Financial quality and runway

StatusReference
Awaiting verificationSource ↗

Latest filing update

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Risk 1

66.4% of the final base offering is secondary.

Potential impact
High
Monitor
Closing and post-listing filings
Document424B4✓ Verified against the SEC source · Registration cover and final prospectus
Filed2026/08/127 public filings identified
Research updated2026/08/19SEC EDGAR
Evidence coverage94%Effectiveness and final 424B4 terms reconciled
Open filing ↗

What remains missing6% of the evidence set remains unresolved. This may affect unconfirmed pricing, valuation, dilution or supply conclusions; no missing term is estimated.

View the filing's actual first page
Lyntris Inc. S-1/A #3 archival cover
S-1/A #3 archival coverReal SEC cover · the adjacent source link opens the August 19 final 424B4