Byrna Technologies Inc 8-K, filed Mar 4, 2020
Byrna Technologies Inc. (BYRN)
About this 8-K
Byrna Technologies Inc filed this 8-K on March 4, 2020.
Items reported
- Item 5.03: Charter or bylaw amendment, or fiscal year change
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 4, 2020
BYRNA TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)
|
Delaware |
|
333-132456 |
|
71-1050654 |
|
(State or other jurisdiction of |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
107 Audubon Road, Suite 201
Wakefield, MA, 01880
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (978) 868-5011
SECURITY DEVICES INTERNATIONAL INC.
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Securities registered pursuant to Section 12(b) of the Act: None
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.
On March 4, 2020, Security Devices International Inc. (the "Company") changed its name to "Byrna Technologies Inc." (the "Name Change"). The Name Change, which was effective as of March 4, 2020, was accomplished pursuant to a Certificate of Amendment (the "Certificate of Amendment") to the Company's Certificate of Incorporation, as amended, filed with the Secretary of State of Delaware on February 26, 2020. The Name Change was approved by the Company's Board of Directors. The Company's common stock continues to trade on the Canadian Securities Exchange and the OTCQB under Byrna Technologies Inc. and the new stock symbol is "BYRN." A copy of the Certificate of Amendment is attached as Exhibit 3.1 hereto and incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
| Exhibit | Description |
| 3.1 | Certificate of Amendment |
| 99.1 | News Releases date March 02, 2020 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
BYRNA TECHNOLOGIES INC. |
|
|
Date: March 4, 2020 |
By: |
/s/ Bryan Ganz |
|
|
|
Name: Bryan Ganz Title: Chief Executive Officer |
Exhibit 99.1
Security Devices International Changes Name to Byrna Technologies Inc.
Wakefield, MA - March 2, 2020 (CSE:SDZ) (OTCQB:SDEV) - Security Devices International Inc. (the "Company"), manufacturer of the revolutionary personal security device the Byrna®HD, today announced that on March 4, 2020, the Company will officially change its name to Byrna Technologies Inc. Effective at the start of trading on March 4, 2020, the Company's shares will trade on both the CSE and OTCQB under the new name and the new stock symbol will be BYRN.
The Company's website will remain accessible at its current domains at https://byrna.com/ and https://securitydii.com/. Please visit our website often for the latest news and information on the Company, and to follow our activities as we roll out the BYRNA brand.
About Security Devices International Inc.
Security Devices International Inc. is a technology company specializing in the areas of Personal Security Devices, Military, Law Enforcement, Corrections, and Private Security. The Company develops and manufactures innovative, less lethal equipment and munitions. For more information on the Company, please visit the corporate website here or the company's investor relations site here.
About the Byrna®HD
The Byrna HD is a well-made, attractive, ergonomically designed, handheld personal security device that is deceptively easy to use, with virtually no recoil. The Byrna™ HD has the size and form factor of a compact handgun and an effective range of 60 feet. It comes with multiple easily reloadable magazines that can hold five .68 caliber highly effective payload rounds designed to burst on impact. Payload rounds include the Company's proprietary chemical irritant rounds designed to burn an assailant's eyes and respiratory system upon contact, and hard kinetic rounds. The Byrna HD provides ordinary civilians - homeowners and renters, RV owners and campers, truckers, real estate agents, parents and grandparents, and anyone whose day to day travels expose them to the threat of a would be assailant- with a non-lethal, effective tool to reduce their exposure to risk and help ensure the safety of their person, property and loved ones. Lightweight, elegant, easy to use and unobtrusive to your daily activities, the Byrna HD is the perfect companion for a secure and active lifestyle.
FORWARD-LOOKING STATEMENTS
The statements in this news release concerning the Company's expectations related to the Company's name change and new ticker symbol and trading under its new name and ticker symbol constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release including, but not limited to procedural requirements or delays by the relevant exchanges. Forward-looking statements speak only as of the date they are made. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise.