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Form 8-K

sec.gov

8-K — Exyn Technologies, Inc.

Accession: 0001104659-26-080849

Filed: 2026-07-07

Period: 2026-07-06

CIK: 0001960355

SIC: 7372 (SERVICES-PREPACKAGED SOFTWARE)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — tm2619859d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2619859d1_ex99-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

July 6, 2026

EXYN TECHNOLOGIES, INC.

(Exact name of registrant as specified in its

charter)

Delaware

001-43296

47-2345934

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

2118 Washington Avenue, Suite 1000

Philadelphia, Pennsylvania

19146

(Address of principal executive offices)

(Zip Code)

(215) 999-0200

(Registrant’s telephone number, including

area code)

Check the appropriate box below if the Form 8-K is intended to simultaneously

satisfy the filing obligation of the registrant under any of the following provisions:

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol

Name of each exchange

on which registered

Common stock, par value $0.0001 per share

EXYN

The Nasdaq Stock Market LLC

Warrants, each warrant exercisable for one share of common stock at an exercise price of $9.69

EXYNW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth

company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange

Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant

has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant

to Section 13(a) of the Exchange Act. ☐

Item 2.02

Results of Operations and Financial Condition.

On July 6, 2026, Exyn Technologies, Inc. (the “Company”)

issued a press release announcing its financial results for the three months ended March 31, 2026 and provided an update on the Company’s

operations. The Company is furnishing a copy of the press release, which is attached hereto as Exhibit 99.1.

In accordance with General Instruction B.2 of Form 8-K, the information

included in Item 2.02 of this Current Report on Form 8-K (including Exhibit 99.1 hereto), shall not be deemed “filed” for

the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to

the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Exchange

Act or Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

No.

Description of Exhibits

99.1

Press Release dated July 6, 2026.

104

The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934,

the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 6, 2026

Exyn Technologies,

Inc.

By:

/s/

Brandon Torres Declet

Brandon Torres Declet

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2619859d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

Exyn

Technologies Reports First Quarter 2026 Financial Results

Successfully

Completed Initial Public Offering, and Continued Expansion of ExynAI Across Commercial and Government Markets

PHILADELPHIA,

PA, July 6, 2026 – Exyn Technologies ("Exyn" or the "Company") (NASDAQ: EXYN, EXYNW), a leader in autonomous

mapping and perception-driven navigation for complex, GPS-denied environments, today announced financial results for the first quarter

ended March 31, 2026.

Recent

Strategic Highlights:

· Completed

Initial Public Offering (IPO) - In May 2026, Exyn successfully completed its initial

public offering, raising approximately $19.4 million in gross proceeds, before underwriting

discounts, commissions, and offering expenses, and began trading on the Nasdaq Capital Market

under the symbols "EXYN" and "EXYNW," strengthening the Company's balance

sheet and providing capital to support the execution of its long-term growth strategy and

continued investment in its ExynAI-powered autonomy platform.

· Launched

Exyn Defense - In June 2026, the Company rebranded its wholly owned defense-focused subsidiary,

Range, as Exyn Defense, Inc., establishing a dedicated business focused on delivering ExynAI-powered

autonomy and mapping capabilities for government, defense, national security, and allied

mission applications. Built on a platform-agnostic architecture, Exyn Defense is designed

to integrate across aerial, ground, and hybrid robotic systems, enabling autonomous operations

in contested, GPS-denied, and mission-critical environments.

· Expanded

Commercial Deployments - Exyn continued to expand the deployment of its ExynAI Autonomy

& Mapping Stack across underground mining, industrial, construction, and critical infrastructure

environments. The Company's technology enables autonomous navigation and high-fidelity mapping

in complex settings where GPS, reliable communications, and pre-existing maps are unavailable,

reinforcing Exyn's position as a leader in autonomous operations in unstructured environments.

First

Quarter 2026 Financial Results:

· Revenue

was $1.19 million for the first quarter of 2026, compared to $1.22 million for the first

quarter of 2025, representing a modest decrease of approximately $27 thousand or 2.3%. The

slight decline was primarily attributable to the timing of customer project activity and

product deliveries during the period.

· Gross

profit increased by 16% to $0.50 million, compared to $0.43 million in the prior-year period,

driven by a more favorable revenue mix and lower product and service delivery costs.

· Gross

margin improved to 42.2% in the first quarter of 2026 from 35.6% in the prior-year period,

reflecting an improvement of 660 basis points.

· Total

operating expenses were $3.38 million, compared to $2.95 million in the prior-year period,

primarily reflecting higher selling, general, and administrative expenses associated with

the Company’s transition to, and readiness for, public-company operations.

· Net

loss was $3.24 million, or $(2.45) per basic and diluted share, compared to a net loss of

$2.58 million, or $(1.96) per basic and diluted share, in the first quarter of 2025.

· Cash

and cash equivalents were approximately $1.1 million as of March 31, 2026, compared with

$0.8 million as of December 31, 2025. As of July 6, 2026, cash and cash equivalents were

approximately $7.4 million, reflecting the net proceeds from the Company's IPO, after repayment

of its outstanding obligations to Western Alliance Bank and Maximcash Solutions.

Brandon

Torres Declet, Chief Executive Officer of Exyn Technologies, commented, “During the first quarter of 2026, Exyn achieved a transformative

milestone with the successful completion of our initial public offering, marking the beginning of an exciting new chapter in the Company's

evolution. Becoming a public company strengthened our balance sheet, expanded our access to capital, and enhanced our ability to execute

our long-term growth strategy through continued investment in product innovation, commercial expansion, and strategic initiatives. We

believe Exyn is uniquely positioned to capitalize on the growing demand for autonomous robotics and AI-powered navigation across both

commercial and defense markets. With the launch of Exyn Defense, we have expanded our addressable market while remaining focused on our

core mission of delivering platform-agnostic autonomy solutions that enable robots to operate in environments where GPS, communications,

and prior maps cannot be relied upon. As adoption of autonomous systems continues to accelerate, we believe Exyn is well positioned to

drive long-term growth and create lasting value for our customers and shareholders.”

About

Exyn Technologies

Exyn

Technologies (NASDAQ: EXYN, EXYNW) is a leader in autonomous mapping and perception-driven navigation for complex, GPS-denied environments.

The Company’s technology enables teams to capture accurate 3D data in environments that are dark, disconnected, hazardous, or difficult

to access. Exyn’s solutions support customers across mining, construction, infrastructure, geospatial, industrial, government,

and defense applications.

For

more information, visit www.exyn.com.

Forward-Looking

Statements

This

press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements

other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding

Exyn’s SLAM technology and its potential benefits, the speed and accuracy of data collection, any potential cost savings or operational

benefits to be achieved by Exyn’s clients ; and the Company’s expectations regarding market growth and future commercial

or strategic opportunities.

These

forward-looking statements are based on current expectations, estimates, projections, assumptions, and beliefs of the Company’s

management, including assumptions regarding market demand, customer adoption, technology performance, procurement activity, defense and

government spending, competitive conditions, third-party market forecasts, and the Company’s ability to execute its strategy. Forward-looking

statements are inherently subject to known and unknown risks, uncertainties, and other important factors that may cause actual results,

performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include,

among others, the Company’s ability to successfully launch, operate, and grow its business; the ability of the Company’s

technology to meet the requirements of various customers; delays or failures in customer adoption, procurement processes, platform integrations,

operational evaluations, or contract awards; changes in government priorities, regulations, export controls, or procurement requirements;

reliance on third-party platforms, partners, systems integrators, or suppliers; competitive developments; the accuracy of third-party

market research and growth forecasts; and the other risks and uncertainties described in the Company’s filings with the U.S. Securities

and Exchange Commission.

Forward-looking

statements can generally be identified by words such as “anticipates,” “believes,” “designed,” “expects,”

“forecasts,” “intends,” “may,” “plans,” “potential,” “projects,”

“seeks,” “should,” “targets,” “will,” “would,” and similar expressions, although

not all forward-looking statements contain these identifying words. You should not place undue reliance on forward-looking statements,

which speak only as of the date they are made. The Company undertakes no obligation to update or revise any forward-looking statements,

whether as a result of new information, future events, or otherwise, except as required by applicable law.

Media

Contact

Vanessa

Varian

Exyn

vvarian@exyn.com

Investor

Contact

Crescendo

Communications, LLC

exyn@crescendo-ir.com

(212)

671-1020

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