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Byrna Technologies sells legacy 40mm business to Facta Global

Jul. 11, 2022 8:41 AM ETByrna Technologies Inc. (BYRN)By: Jessica Kuruthukulangara, SA News Editor
  • Byrna Technologies (NASDAQ:BYRN) said Monday it sold the intellectual property and tooling underlying its legacy 40mm business to Facta Global for an undisclosed amount.
  • The amount includes cash and future royalty payments to BYRN on 40mm BIPs (blunt impact projectiles) sold globally.

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