RTTNews | Jul 16, 2021 12:14PM EDT

12:14 Friday, July 16, 2021 (RTTNews.com) - 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.

The shares are currently trading at $25.53, up $3.01 or 13.37% from their previous price of $22.52 at the bell on Thursday. The shares opened at $23.01 in the morning and in the 52-week period, the shares have ranged between $10.80 and $29.95.

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