Baylin Technologies is a leader in the wireless world. The depth of skill and experience in the Board of Directors is mirrored by that of the Executive Management Team providing credibility and accountability for investors. All of the stakeholders take considerable pride in how the company conducts business, who it conducts business with and the outcomes it will achieve. Baylin revels in bringing new ideas to the world through wireless communications and celebrates connecting people. This is a company of character who brings trust and value to your investments.
Headquartered in Toronto, Canada, Baylin Technologies is the corporate head office of Galtronics. Galtronics is a 37 year old pure play antenna company. With a track record of “figuring it out first”, Galtronics’ focus on RF engineering expertise and manufacturing efficiency is led by a talented group of managers and staff who continuously provide innovation to the wireless marketplace in mobile, infrastructure and networking. Galtronics has a strong, blue-chip customer base that includes the leaders in the mobile and broadband sectors. Galtronics has partnered with its customers to develop many industry firsts and both their antennas and their customers’ products have been recognized for their innovation. Because Galtronics has both in-house design and global manufacturing facilities that are strategically located near its key customers, it facilitates a one stop shop antenna solution for its clients while also allowing for better management of production costs thereby preserving margins.
Baylin actively seeks to acquire wireless ventures from around the world that have unique technologies and/or products with strong growth potential as it broadens its ownership of innovative companies.
On November 27th, 2013, Baylin Technologies Inc. completed its initial public offering (the “Offering”) and currently trades on the Toronto Stock Exchange under the symbol “BYL”. Pursuant to the Offering, the Company issued 6,253,125 common shares at a price of $8.00 per share for total gross proceeds to Baylin Technologies of $50.0 million, including the over-allotment, which was fully exercised by the underwriters concurrently with the completion of the Offering.
At the time of the offering, Randy Dewey, who at that time was the Vice-Chairman of Baylin Technologies, said: “We are very proud to have successfully completed our IPO, a key milestone in our company’s history”. “Building on Galtronics’ 35-year history as an innovation leader in the global antenna market, this IPO gives us the resources and the platform to capitalize on strong underlying market trends for our customized antenna technology.” In August of 2015, Mr. Dewey was appointed Vice Chairman, President and Chief Executive Officer of Baylin Technologies Inc.
The Offering was underwritten by a syndicate co-led by Paradigm Capital Inc. and Raymond James Ltd., and also included Cormark Securities Inc., Clarus Securities Inc., and M Partners Inc. (collectively, the “Underwriters”).
Norton Rose Fulbright Canada LLP acted as legal counsel to Baylin Technologies and Osler, Hoskin & Harcourt LLP acted for the Underwriters. A copy of all of Baylin Technologies’ financial reporting documents are available on SEDAR. Miller Thomson is currently the law firm of record.