Mynaric Ag (MYNA)

Sector - Industrials

IPO Profile

About company

They believe they are a leading developer and manufacturer (in terms of production capacity) of advanced laser communication technology for aerospace communications networks in government and commercial markets. Laser communication networks provide connectivity from the sky, allowing for high data rates and secure, long-distance data transmission between moving objects for wireless terrestrial, airborne- and space-based applications. Their technology and products are designed to provide the backbone for connectivity to link satellites, high-altitude platforms, unmanned aerial vehicles, aircraft and the ground with secure wireless data transmission. They aim to industrialize laser communication by focusing on standardization and cost-efficiency. They believe that they are one of the first companies to develop laser communication technology at commercially attractive price points for use in both government and commercial markets. By leveraging their strong technical expertise and early mover advantage, they aim to become the go-to supplier for the “internet above the clouds.”
Industry
Communications Equipment, Nec
CEO CFO
-
Employees Founded
200 2009

Contacts

Address: Dornierstraße 19 82205 Gilching, Germany

Telephone: +49 (0) 8105 79990

Web page: http://www.mynaric.com

IPO information

First Trade Date 11/12/2021
Status Priced
Exchange NASDAQ
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)
17.48
17.48
16.5
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 4
Shares Revised (MM) 4
Expected offer amount (MM) $69.92
Realized offer amount(MM) $66

Financial Data (last reporting year)

Market Cap (MM) $355.89
Revenues (MM) $2.24
Net Income (Loss) (MM) $-33.0

Voting

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The lead left underwriter: Credit Suisse

IPOs led by the firm .Pro
Profitability of conducted IPOs  ?  .Pro
1st day change  ?  .Pro
Change for the first 3 months  ?  .Pro
Underwriters
Credit Suisse/ Jefferies
CO-Managers
Canaccord Genuity/ Beech Hill Securities

Sector: Industrials

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