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Lyntris

Priced, NYSE: LYNX

Roll-up providing defense technology and connectivity solutions.

Industry: Industrials

Latest Trade: $12.57 -0.21 (-1.6%)

First Day Return: -14.2%

Return from IPO: -27.0%

We are a leading defense technology company delivering “sense-to-act” connectivity solutions for the modern, connected battlespace. Our sense-to-act connectivity solutions are a mutually enabling set of interconnected subsystems that represent the critical technology sublayer for our DoW and allied nation military customers. Our solutions enable both U.S. and allied nation warfighters to detect threats earlier, decide faster and act with precision in contested, multi-domain environments. We believe that our vertically integrated physics-to-software capabilities enable key missions at the core of enduring U.S. and allied nation security priorities. In 2025, we supported more than 200 DoW and allied nation programs with no program accounting for more than 7% of our total revenue. Our solutions are deployed across three high-growth core missions: Maritime Domain Awareness; Air & Missile Defense; and Space Intelligence, Surveillance, Reconnaissance (“ISR”) & Resilient Communications. Within these missions, we serve a diverse customer base where we maintain long-standing relationships and partnerships. Prior to the Combination, these businesses operated as Accelint and Vitesse. Trive Capital obtained control of Accelint and Vitesse on November 9, 2022 and December 21, 2018, respectively, through the acquisition of a majority of the outstanding equity interests of each company.
IPO Data
IPO Date 08/18/2026
Offer Price $17.50
Price Range $19.00 - $22.00
Offer Shares (mm) 17.0
Deal Size ($mm) $298
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Underwriter Name Evercore ISI
Underwriter Name Citi
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Company Data
Headquarters Falls Church, VA, United States
Founded 2018
Employees at IPO 1,000
Website www.lyntris.com

Lyntris (LYNX) Performance