24/7 Market News – (NASDAQ:CYRN) – Shares are up more than 41% in the pre-market after announcing the sale of its secure email gateway for $10 million Euros in cash.

(NASDAQ:CYRN) – More than 11,000 trades have gone off, on decent volume, the current price is $2.47 a share.

(NASDAQ:CYRN) – CYREN LTD. a provider of inbox security and threat intelligence solutions, today announced that it has entered into a definitive agreement to divest its legacy Secure Email Gateway business to Content Services Group GmbH for €10,000,000 in cash. The purchase price is subject to certain adjustments and the transaction is expected to close prior to August 31, 2022, with customary closing conditions. The divestment will enable Cyren to focus on its best strategic growth opportunities to deliver optimal value to its customers and shareholders.

Read the entire press release here: https://ir.cyren.com/websites/cyren/English/5015/press-release.html?airportNewsID=2ed49a3e-de14-42ba-9e71-61336967115c

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