FridaySep 10, 2021 10:32 am

QualityStocksNewsBreaks – IronNet, Inc. (NYSE: IRNT) Featured in Earnings Preview Research from Sidoti

Increase Price Target To $17 (From $15); LGL Systems Acquisition Corp. (DFNS) Shares Now Converted To IronNet, Inc. IronNet (NYSE: IRNT) was featured in a company-sponsored research earnings preview note published by Sidoti & Company, LLC. The report reads, “We now project total shares outstanding of 103 million (we previously estimated 119 million) as redemptions represented about 16 million shares at $10.03 per share, or approximately $160 million in the aggregate proceeds…resulting in gross proceeds of $136.7 million, including $125 million in a private placement that closed in conjunction with the business combination and $11.7 million from a trust account…

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