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Mynaric AG (MYNA) Company Overview

Profile

Full Name:

Mynaric AG

Sector:

Technology

Country:

Germany

IPO:

November 12, 2021

Indexes:

Not included

Description:

Mynaric AG is a technology company that develops laser communication systems for satellite and airborne applications. Their products enable high-speed data transmission in space and between aircraft, improving connectivity and communication for various industries, including telecommunications and defense.

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

Sep 14, 2023

Recent annual earnings:

Apr 27, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Jan 12, 23 Credit Suisse
Neutral
Nov 2, 22 Credit Suisse
Outperform
Oct 12, 22 Credit Suisse
Outperform
Nov 24, 21 Canaccord Genuity
Buy

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Mynaric Extends Maturity of Three Existing Bridge Loans Until February 7, 2025 and Expects Additional Bridge Loan, Restructuring Loan and Application for StaRUG Proceedings
Mynaric Extends Maturity of Three Existing Bridge Loans Until February 7, 2025 and Expects Additional Bridge Loan, Restructuring Loan and Application for StaRUG Proceedings
Mynaric Extends Maturity of Three Existing Bridge Loans Until February 7, 2025 and Expects Additional Bridge Loan, Restructuring Loan and Application for StaRUG Proceedings
MYNA
accessnewswire.comJanuary 31, 2025

MUNICH, DE / ACCESS Newswire / January 31, 2025 / Mynaric AG (NASDAQ:MYNA)(ISIN: US62857X1019)(FRA:M0YN)(ISIN: DE000A31C305) (the "Company") announces the extension of the maturity of its three bridge loans and the expectation to agree on a fourth bridge loan, a separate restructuring loan and an application for the initiation of a financial reorganization under the German Corporate Stabilization and Restructuring Act (Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen ("StaRUG"). New maturity date of bridge loans The Company today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm (the "Lenders"), pursuant to which the Lenders have agreed to extend the maturity date of the three existing bridge loans in the aggregate amount of USD 21.5 million from January 31, 2025 to February 7, 2025.

Mynaric Announces Receipt of Deficiency Letter from Nasdaq
Mynaric Announces Receipt of Deficiency Letter from Nasdaq
Mynaric Announces Receipt of Deficiency Letter from Nasdaq
MYNA
accessnewswire.comJanuary 29, 2025

MUNICH, DE / ACCESS Newswire / January 29, 2025 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, announces that it received a notification letter dated January 23, 2025 (the "Deficiency Letter") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that Mynaric is no longer in compliance with the Nasdaq continued listing criteria, including the Nasdaq Listing Rule 5450(a)(1) due to its failure to meet the minimum closing bid price per share of Mynaric's American Depositary Shares representing its ordinary shares (the "ADS") of $1.00 for a period of 30 consecutive business days (the "Minimum Bid Price Requirement"). The Deficiency Letter has no immediate effect on the listing of Mynaric's ADS, which continue to trade under the symbol "MYNA.

Mynaric Announces Receipt of Deficiency Letters from Nasdaq
Mynaric Announces Receipt of Deficiency Letters from Nasdaq
Mynaric Announces Receipt of Deficiency Letters from Nasdaq
MYNA
accesswire.comJanuary 15, 2025

MUNICH, DE / ACCESSWIRE / January 15, 2025 / Mynaric (NASDAQ:MYNA)(FRA:M0YN), a leading provider of industrialized, cost-effective and scalable laser communications products, today announced that it received a notification letter dated January 9, 2025 (the "Deficiency Letter I") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq") notifying that Mynaric is no longer in compliance with the Nasdaq continued listing criteria, including the Nasdaq Listing Rule 5250(c)(2) due to its failure to file an interim balance sheet and income statement as of the end of its second quarter on Form 6-K no later than six months following the end of the Mynaric's second quarter (the "Interim Reporting Requirement"). Furthermore, Mynaric today announced that it received a notification letter dated January 13, 2025 (the "Deficiency Letter II") from Nasdaq notifying that Mynaric is no longer in compliance with Listing Rule 5620(a) due to its failure to hold an annual meeting of shareholders within twelve months of the end of the Mynaric's fiscal year (the "Annual Meeting Requirement").

Mynaric Updates Guidance on 2024 Key Performance Indicators, Lowering Revenue and Optical Communications Terminal Backlog Guidance
Mynaric Updates Guidance on 2024 Key Performance Indicators, Lowering Revenue and Optical Communications Terminal Backlog Guidance
Mynaric Updates Guidance on 2024 Key Performance Indicators, Lowering Revenue and Optical Communications Terminal Backlog Guidance
MYNA
accesswire.comJanuary 3, 2025

MUNICH, DE / ACCESSWIRE / January 3, 2025 / Mynaric AG (NASDAQ:MYNA; ISIN: US62857X1019)(FRA:M0YN; ISIN: DE000A31C305) (the "Company") updates its full-year 2024 guidance published on August 20, 2024, for two of its key financial performance metrics. IFRS-15 revenue: the Company now anticipates full-year 2024 IFRS-15 revenue of EUR 14.1 million compared to previous guidance of a range estimating between EUR 16.0 million to EUR 24.0 million.

MYNA DEADLINE TODAY: MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit
MYNA DEADLINE TODAY: MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit
MYNA DEADLINE TODAY: MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit
MYNA
prnewswire.comDecember 30, 2024

NEW YORK , Dec. 30, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Mynaric AG (NASDAQ: MYNA) securities between June 20, 2024 and October 7, 2024, both dates inclusive (the "Class Period"), of the important December 30, 2024 lead plaintiff deadline. So what: If you purchased Mynaric securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

MYNA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Mynaric AG Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
MYNA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Mynaric AG Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
MYNA INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Mynaric AG Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
MYNA
globenewswire.comDecember 30, 2024

NEW YORK, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Mynaric AG (“Mynaric” or “the Company”) (NASDAQ: MYNA) and certain of its officers.

MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm
MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm
MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm
MYNA
businesswire.comDecember 30, 2024

LOS ANGELES--(BUSINESS WIRE)--MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Mynaric AG of Class Action Lawsuit and Upcoming Deadlines - MYNA
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Mynaric AG of Class Action Lawsuit and Upcoming Deadlines - MYNA
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Mynaric AG of Class Action Lawsuit and Upcoming Deadlines - MYNA
MYNA
accesswire.comDecember 30, 2024

NEW YORK, NY / ACCESSWIRE / December 30, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Mynaric AG ("Mynaric" or the "Company") (NASDAQ:MYNA) and certain officers. The class action, filed in the United States District Court for the Eastern District Of New York, and docketed under 24-cv-07602 is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Mynaric securities between June 20, 2024 and October 7, 2024, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.

MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm
MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm
MYNA Investors Have Opportunity to Lead Mynaric AG Securities Fraud Lawsuit with the Schall Law Firm
MYNA
prnewswire.comDecember 30, 2024

LOS ANGELES , Dec. 30, 2024 /PRNewswire/ --  The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Mynaric AG ("Mynaric" or "the Company") (NASDAQ: MYNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between June 20, 2024 and October 7, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before December 30, 2024.

FINAL REMINDER MYNA DEADLINE: Bronstein, Gewirtz & Grossman LLC Alerts Mynaric AG Investors to Participate in the Class Action Lawsuit
FINAL REMINDER MYNA DEADLINE: Bronstein, Gewirtz & Grossman LLC Alerts Mynaric AG Investors to Participate in the Class Action Lawsuit
FINAL REMINDER MYNA DEADLINE: Bronstein, Gewirtz & Grossman LLC Alerts Mynaric AG Investors to Participate in the Class Action Lawsuit
MYNA
accesswire.comDecember 30, 2024

NEW YORK, NY / ACCESSWIRE / December 30, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Mynaric AG ("Mynaric" or "the Company") (NASDAQ:MYNA) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Mynaric securities between June 20, 2024, and October 7, 2024, inclusive (the "Class Period").

FAQ

  • What is the ticker symbol for Mynaric AG?
  • Does Mynaric AG pay dividends?
  • What sector is Mynaric AG in?
  • What industry is Mynaric AG in?
  • What country is Mynaric AG based in?
  • When did Mynaric AG go public?
  • Is Mynaric AG in the S&P 500?
  • Is Mynaric AG in the NASDAQ 100?
  • Is Mynaric AG in the Dow Jones?
  • When was Mynaric AG's last earnings report?
  • When does Mynaric AG report earnings?

What is the ticker symbol for Mynaric AG?

The ticker symbol for Mynaric AG is NASDAQ:MYNA

Does Mynaric AG pay dividends?

No, Mynaric AG does not pay dividends

What sector is Mynaric AG in?

Mynaric AG is in the Technology sector

What industry is Mynaric AG in?

Mynaric AG is in the Communication Equipment industry

What country is Mynaric AG based in?

Mynaric AG is headquartered in Germany

When did Mynaric AG go public?

Mynaric AG's initial public offering (IPO) was on November 12, 2021

Is Mynaric AG in the S&P 500?

No, Mynaric AG is not included in the S&P 500 index

Is Mynaric AG in the NASDAQ 100?

No, Mynaric AG is not included in the NASDAQ 100 index

Is Mynaric AG in the Dow Jones?

No, Mynaric AG is not included in the Dow Jones index

When was Mynaric AG's last earnings report?

Mynaric AG's most recent earnings report was on Sep 14, 2023

When does Mynaric AG report earnings?

The date for Mynaric AG's next earnings report has not been announced yet