Non-lethal personal security equipment manufacturer, Byrna Technologies Inc. (BYRN) is up 13% in the Street on Friday after the company announced an upsized public offering of 2.5 million common shares for $21 per share from a previously announced amount of 2.25 million shares.
The expected proceeds of $52.5 million will be used for working capital and general purposes. Details of the offering, including the dates were not announced by the company in the report.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.