CYRN - CYRN STOCK NEWS

Cyren (NASDAQ:CYRN) announced a partnership with KnowBe4, integrating their security awareness training with Cyren's email security solutions. This collaboration aims to enhance defenses against phishing and Business Email Compromise (BEC), which reportedly caused over $1.8 billion in losses last year. By combining automated training with email monitoring, organizations can improve their response to phishing threats. Both companies emphasize the necessity of such training in combating the ever-increasing risk of online scams, committing to deliver more effective security solutions to businesses.

Cyren (NASDAQ:CYRN) announced a new partnership with Security Software Solutions Ltd (S3), which will offer Cyren Inbox Security to protect Office 365 users against phishing and advanced threats. S3, which serves over 500 clients in EMEA, swiftly secured a new customer in the hospitality sector within five weeks of collaboration. The partnership aims to enhance the security offerings for clients while minimizing complexity and maintaining budgetary goals.

Cyren (NASDAQ:CYRN) will announce its third quarter 2021 financial results on November 15, after U.S. markets close. A conference call is scheduled for 4:30 p.m. ET on the same day, which will be accessible via phone and live webcast. This event will be available for replay until November 29, 2021. Cyren provides cloud security solutions that protect over 1.3 billion users worldwide against cyber threats. Investors can find more details on the company's investor relations website.

Cyren (NASDAQ:CYRN), a provider of email security solutions, announced that FINEOS, a leader in insurance software, has successfully enhanced its phishing threat detection and remediation. By deploying Cyren Inbox Security, FINEOS significantly reduced IT workload, saving one full day of investigation each week. This solution catches sophisticated phishing attacks and automatically removes harmful emails, allowing FINEOS to focus on strategic priorities. As phishing attacks rise in frequency and sophistication, Cyren's technology proves essential in protecting organizations from cyber threats.

Cyren (NASDAQ:CYRN) announced that Fleet Response has chosen Cyren Inbox Security to enhance its email security against phishing and other threats. Fleet Response, a Third Party Administrator, sought a cost-effective solution after evaluating their legacy secure email gateway and finding it redundant. The implementation of Cyren Inbox Security reportedly saved Fleet Response time and resources in combating phishing attacks, with the solution complementing Microsoft Defender for Office 365. This partnership aims to automate threat detection and improve overall security posture.

Cyren (NASDAQ:CYRN) announced that it has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement, moving the deadline to April 4, 2022. The company's shares will remain listed as long as they achieve a bid price of $1.00 for 10 consecutive trading days. If compliance is not met, Cyren could face delisting but may appeal such a decision. The company is exploring options like a reverse stock split if necessary. For further details, refer to the Current Report on Form 8-K filed with the SEC.

Cyren (NASDAQ:CYRN) announced on September 30, 2021, the expansion of its Cyren Inbox Security to support multiple languages, enhancing communication of phishing threats to users in their native languages. This move aims to improve user engagement and security awareness among multinational organizations as phishing threats continue to grow globally. Administrators can set a default language, while users can choose their preferred language through Cyren's Outlook add-in. This initiative underscores Cyren's commitment to protecting over 1.3 billion users globally against cyber threats.

Cyren (NASDAQ:CYRN) has successfully completed a private offering of 14,152,779 ordinary shares and associated warrants, raising approximately $10.2 million at a purchase price of $0.72 per share. The warrants can be exercised at $0.60 per share within three and a half years. Proceeds from this offering will be allocated for working capital and debt repayment. The company is obligated to file a registration statement for the resale of the shares within fifteen days. This transaction was conducted without public offering, thus securities are not registered under the Securities Act.

Cyren (NASDAQ:CYRN) has announced a private placement to raise approximately $10.2 million through the issuance of 14,152,779 ordinary shares and warrants. The shares will be priced at $0.72 each, with warrants exercisable at $0.60. Proceeds will support general corporate purposes and debt repayment. The offering is set to close around September 17, 2021, pending customary conditions. Additionally, Cyren is obligated to file a registration statement with the SEC within 15 days.