Byrna Technologies Inc. acquisition of Hero Defense Systems, LLC

Byrna Technologies Inc. completed its acquisition of Hero Defense Systems, LLC on 2026-08-06, according to the Form 8-K Byrna Technologies Inc. filed with the SEC on 2026-08-10. The filing states a price of $5 million.

Want the whole picture on Byrna Technologies Inc.?

Example from a real report (our sample on Target): “In March 2026, Target announced a planned incremental $1 billion operating investment” Source: Target Corporation (press release)

A Full Report on Byrna Technologies Inc.: verified, sourced, every claim cited, ready in a few minutes. See pricing.

What the Full Report on Byrna Technologies Inc. covers

1. The Short Answer

2. Which Company This Is

3. What They Do, And How The Money Works

4. Who Runs It, And How To Reach Them

5. The Money: Funding, Valuation, Runway

6. Who Pays Them, And Who They Are Up Against

7. Warning Bells

8. Sources

   1 cited source found

Plus the sections for what you are deciding, which you pick after ordering.

Order Full ReportSee a sample report

A real finished report, first screen. Opens in a new tab.

What the filing says

On August 6, 2026 (the "Closing Date"), Byrna Technologies Inc. (the "Company") completed its previously announced acquisition (the "Acquisition") of substantially all of the assets of Hero Defense Systems, LLC, a Nevada limited liability company ("Hero"), used in or related to Hero's business of developing, manufacturing, marketing, and selling less-lethal defense products and related products and accessories, pursuant to the Asset Purchase Agreement, dated as of July 7, 2026, between the Company and Hero (the "Purchase Agreement").

The price, in the filing's words

The aggregate consideration for the Acquisition consisted of: (i) $625,000 in cash, of which $125,000 was deposited into a third-party escrow for a period of up to eighteen (18) months following the Closing Date as security for Hero's indemnification obligations under the Purchase Agreement; (ii) 104,000 shares of the Company's common stock, par value $0.001 per share (the "Stock Consideration"), determined in accordance with the formula set forth in the Purchase Agreement and issued at the closing at the direction of Hero to Hero's two members; (iii) the assumption of certain specified liabilities of Hero; and (iv) a royalty payable to Hero equal to 3.5% of net sales of Hero's products and

More from the filing

The aggregate consideration for the Acquisition consisted of: (i) $625,000 in cash, of which $125,000 was deposited into a third-party escrow for a period of up to eighteen (18) months following the Closing Date as security for Hero's indemnification obligations under the Purchase Agreement; (ii) 104,000 shares of the Company's common stock, par value $0.001 per share (the "Stock Consideration"), determined in accordance with the formula set forth in the Purchase Agreement and issued at the closing at the direction of Hero to Hero's two members; (iii) the assumption of certain specified liabil

The shares constituting the Stock Consideration were issued as restricted securities in a transaction exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), and are subject to a six-month lock-up and the other transfer and trading restrictions set forth in the Purchase Agreement, as described in Item 3.02 below.

Other than in respect of the Purchase Agreement and the transactions contemplated thereby (including consulting arrangements entered into at the closing with Hero's two principals and the restrictive covenant agreements delivered at the closing), there is no material relationship between the Company or any of its affiliates, on the one hand, and Hero or its members, on the other hand.

Quoted from Byrna Technologies Inc.'s Form 8-K.

This is the only completed acquisition Byrna Technologies Inc. reported under Item 2.01 in the last twelve months.

Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days of completing a significant acquisition or disposition of assets, under Item 2.01 of the report. The acquired company sometimes files one too, when the deal makes it a subsidiary of the buyer.

Every fact on this page is taken from one of those filings and linked to it: which company acquired which, the date the filing gives for completion, and the price when the filing states one in dollars, shown next to the sentence that states it. A filing states what was bought and on what terms; it rarely states why, and neither does this page.

All recent acquisitions