Defence tech firm Lyntris targets US$2.5 billion valuation in U.S. IPO

Lyntris is targeting a valuation of up to US$2.53 billion in its U.S. initial public offering, the Trive Capital-backed company said on Monday.

The group's online posts framed the incident as a form of direct action against military supply chains and described themselves as a “group taking direct action to stop the UK-Israel weapons trade.“

Aug 10 : Lyntris is targeting a valuation of up to $2.53 billion in its U.S. initial public offering, the Trive Capital-backed company said on Monday, making it the latest to test strong investor appetite for defense listings.The Falls Church, Virginia-based Lyntris and selling stockholders are seeking up to $528 milli

Early on Tuesday 4 August, an autonomous group broke into the offices of DB Schenker in Hillington, Glasgow. Bypassing security in the early hours of the morning, the group covered the building’s foyer and offices with paint and messages saying “Drop Elbit” on the walls. The group claims it is ‘targeting the supply cha