MCLEAN, Va.–(BUSINESS WIRE)–IronNet, Inc. (NYSE: IRNT) (“IronNet”), an innovative leader transforming cybersecurity through Collective Defense, announced today that it has completed its previously announced business combination with LGL Systems Acquisition Corp (“LGL”).
The transaction was unanimously approved by LGL’s Board of Directors and was approved at a special meeting of LGL stockholders on August 26, 2021. In connection with the closing, LGL changed its name to IronNet, Inc. (“IronNet” or the “Company”). The ticker symbols for the previously outstanding common stock and warrants of LGL will change from “DFNS” and “DFNS.WS” to “IRNT” and “IRNT.WS” and will begin trading as such on the New York Stock Exchange on August 27, 2021.
Founded in 2014, IronNet offers a radically different operational model for cybersecurity defense that enables companies to break away from having to defend in isolation – a dramatically different way to address a market that is expected to grow from $25 billion to $40 billion over the next three…
