Security Devices International Inc (CSE:SDZ) (OTCMKTS:SDEV) announced Monday that it will officially change its name to Byrna Technologies Inc.
And effective at the start of trading on March 4, the company's shares will trade on both the CSE and OTCQB under the new name and the new stock symbol will be BYRN, according to a statement.
The company's website will remain accessible at its current domains at https://byrna.com/ and https://securitydii.com/.
The Wakefield, Massachusetts-based company develops the Byrna HD, a handgun-like device that dispenses chemical irritants. The small, lightweight 0.68 caliber device is equipped with a five-round magazine capable of accurately hitting a target at up to 60 feet — without causing serious injury. Its chemical payload is designed to burn an assailant’s eyes and respiratory system.