DFNS LGL Systems Acquisition Corp.

LGL Systems Acquisition Corp. engages in the provision of investment services. It focuses in aerospace, defense and communications industries. The company is headquartered in Reno, NV.

On 3/15/2021 the company announced a pending merger with IronNet Cybersecurity, an innovative leader transforming cybersecurity through Collective Defense. Assuming no redemptions, the SPAC shareholders will own 17% of the company. The $125 million PIPE at $10.00 per share will own 11%. Valuation is 36x estimated 2021 revenue of $29 million.  

$9.96  +0.01 (0.10%)
As of 06/21/2021 16:00:02 EST     IEX book   CBOE book

Security Information
Category1:  US Equity
Category2:  Common stocks
Category3:  Micro cap
GICS sector:  Financials
Industry:  Shell Companies
Index country:  USA
Country of incorporation:  
IPO date:  03/13/2020
Outstanding shares:  17,250,000
Average volume:  50,402
Market cap:   $171,465,000
Current dividend yield:  0.00%
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Valuation   (See tab for details)
PE ratio:   0.00
PB ratio:   34.33
PS ratio:   0.00
Return on equity:   0.00%
Net income %:   0.00%

2021 © Stock Market MBA, Inc. Terms of use | Privacy policy