Silynxcom Lands $550K in Orders from Israeli Forces
Ticker: SYNX · Form: 6-K · Filed: Feb 13, 2024 · CIK: 1976443
Sentiment: bullish
Topics: new-orders, defense-contract, government-contract
TL;DR
**Silynxcom just landed $550,000 in new orders from the Israel Defense Forces and Israeli Police since January 1st!**
AI Summary
Silynxcom Ltd. announced on February 13, 2024, that it has secured $550,000 in new orders from the Israel Defense Forces and Israeli Police Forces. These orders have been received since the beginning of 2024, as detailed in a press release furnished as Exhibit 99.1 to this 6-K filing.
Why It Matters
These orders represent new revenue for Silynxcom Ltd. and demonstrate continued business relationships with key defense and security clients in Israel, potentially indicating ongoing demand for their products.
Risk Assessment
Risk Level: medium — While positive, the $550,000 order value is relatively small, and the company's revenue stream appears concentrated with specific government entities, which can carry inherent risks.
Key Numbers
- $550,000 — Orders Received (from Israel Defense Forces and Israeli Police Forces since beginning of year)
Key Players & Entities
- Silynxcom Ltd. (company) — registrant
- Israel Defense Forces (company) — customer
- Israeli Police Forces (company) — customer
- $550,000 (dollar_amount) — total orders received
- February 13, 2024 (date) — press release date
FAQ
What is the total value of orders Silynxcom Ltd. announced?
Silynxcom Ltd. announced orders totaling $550,000.
Which entities placed these orders with Silynxcom Ltd.?
The orders were placed by the Israel Defense Forces and Israeli Police Forces.
When was the press release regarding these orders issued?
The press release was issued on February 13, 2024.
What is the timeframe covered by these orders?
The orders were received since the beginning of the year (2024).
What is the purpose of this 6-K filing?
This 6-K filing furnishes a press release as Exhibit 99.1, reporting on the orders received.
Filing Stats: 212 words · 1 min read · ~1 pages · Grade level 9.7 · Accepted 2024-02-13 09:28:57
Key Financial Figures
- $550,000 — elease titled “Silynxcom Received $550,000 in Orders from Israel Defense Forces an
Filing Documents
- ea193577-6k_silynxcom.htm (6-K) — 10KB
- ea193577ex99-1_silynxcom.htm (EX-99.1) — 7KB
- ex99-1_001.jpg (GRAPHIC) — 8KB
- 0001213900-24-012898.txt ( ) — 29KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2024 Commission File Number: 001-41916 Silynxcom Ltd. 19 Yad Ha-Harutzim St., Netanya, 4250519 Israel (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F CONTENTS On February 13, 2024, Silynxcom Ltd. (the “Company”), issued a press release titled “Silynxcom Received $550,000 in Orders from Israel Defense Forces and Israeli Police Forces Since Beginning of Year”, a copy of which is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K. EXHIBIT INDEX Exhibit No. Description 99.1 Press Release issued by Silynxcom Ltd. titled “Silynxcom Received $550,000 in Orders from Israel Defense Forces and Israeli Police Forces Since Beginning of Year”. 1 SIGNATURE 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, thereunto duly authorized. SILYNXCOM LTD. Date: February 13, 2024 By: /s/ Nir Klein Name: Nir Klein Title: Chief Executive Officer 2