Byrna Technologies Files 8-K

TL;DR

Byrna Tech filed an 8-K on July 31st, check it for updates.

AI Summary

Byrna Technologies Inc. filed an 8-K on August 5, 2024, reporting an event that occurred on July 31, 2024. The filing pertains to "Other Events" and "Financial Statements and Exhibits" but does not provide specific details on the nature of these events or any financial figures within the provided text.

Why It Matters

This filing indicates a material event or update from Byrna Technologies Inc. that is being disclosed to the public and the SEC.

Risk Assessment

Risk Level: low — The filing is a standard disclosure form (8-K) and the provided text does not contain information that inherently suggests high risk.

Key Players & Entities

• Byrna Technologies Inc. (company) — Registrant
• July 31, 2024 (date) — Date of earliest event reported
• August 5, 2024 (date) — Filing Date
• 100 Burtt Road , Suite 115 Andover , MA 01810 (address) — Principal executive offices
• Security Devices International Inc. (company) — Former company name

FAQ

Key Financial Figures

• $0.001 — ge on which registered Common Stock , $0.001 par value BYRN Nasdaq Capital Market
• $10 million — rogram the Company may repurchase up to $10 million of its common stock during a period of

Filing Documents

• byrn20240802_8k.htm (8-K) — 30KB
• ex_707858.htm (EX-99.1) — 11KB
• logo01.jpg (GRAPHIC) — 8KB
• 0001437749-24-024569.txt ( ) — 189KB
• byrn-20240731.xsd (EX-101.SCH) — 3KB
• byrn-20240731_def.xml (EX-101.DEF) — 12KB
• byrn-20240731_lab.xml (EX-101.LAB) — 15KB
• byrn-20240731_pre.xml (EX-101.PRE) — 12KB
• byrn20240802_8k_htm.xml (XML) — 3KB

01

Item 8.01. Other Events. On July 31, 2024, the Board of Directors of Byrna Technologies Inc. (the "Company") authorized a stock repurchase program (the "Program"). Under this Program the Company may repurchase up to $10 million of its common stock during a period of two years. The Program permits shares to be repurchased in open market transactions, through block trades and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission (each, a "Plan"). Repurchases may be made under a Plan in amounts and at prices set therein based on management's discretionary determination of prices management considers to be attractive and in the best interests of both the Company and its stockholders, subject to the availability of stock, general market conditions, the applicable trading price, future alternative advantageous uses for capital, and the Company's financial performance. Such repurchases also will be conducted in accordance with the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements. The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the Company to purchase any particular number of shares. The Company issued a press release on August 5, 2024 that describes the stock repurchase program. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01

Item 9.01.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. 99.1 Press Release, dated August 5, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL Document.

SIGNATURES

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: August 5, 2024 By: /s/ Lauri Kearnes Name: Lauri Kearnes Title: Chief Financial Officer