Congratulations to our longstanding client Cyren (NASDAQ:CYRN), who recently announced the closing of a $13.8 million registered direct offering. Cyren is an Israeli cloud-based, Internet Security Technology company that operates worldwide. Leading this transaction is Tel Aviv Managing Shareholder Joey Shabot, with US based Securities shareholders Katherine Beck and Laurie Green, as well as Tel Aviv Corporate attorneys Ephraim Schmeidler and Aaron Katz.
H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.