Millennium Group reports 5.1% stake in BYRN
Byrna Technologies Inc. reports that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander jointly disclose beneficial ownership of 1,157,712 shares of Common Stock, representing 5.1% of the class as shown on the cover pages.
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Rhea-AI Filing Summary
Byrna Technologies Inc. reports that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander jointly disclose beneficial ownership of 1,157,712 shares of Common Stock, representing 5.1% of the class as shown on the cover pages. The filing states these shares are held by entities subject to voting and investment discretion by Millennium Management LLC and related managers and includes a Joint Filing Agreement dated April 15, 2026.
Insights
Large manager reports a 5.1% passive stake in BYRN via affiliated entities.
Millennium Management LLC and affiliated entities report shared voting and shared dispositive power over 1,157,712 shares, recorded as 5.1% of Byrna's common stock on the cover pages. The disclosure is structured as a joint filing with a dated agreement.
Implications depend on whether the position is passive; the schedule form indicates a reporting requirement rather than an active acquisition strategy. Subsequent filings could clarify changes in ownership or intent.
Joint filing highlights shared control across related Millennium entities and a named individual.
The filing attributes shared voting and dispositive power to the reporting group and notes holdings are maintained through entities subject to Millennium's investment discretion. A Joint Filing Agreement dated April 15, 2026 is attached.
For governance, note this consolidates visibility of a single manager's influence; any future changes would appear in amended schedules.
Key Figures
Key Terms
Schedule 13G regulatory
Joint Filing Agreement legal
FAQ
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What stake does Millennium report in BYRN?
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How is voting and dispositive power described in the filing?
Is there an agreement among the reporting persons?
AI-generated analysis. How Rhea-AI works. Not financial advice.