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Frequency Electronics股价暴跌10%,发行价格为1亿美元
2026-07-29 13:19
- Frequency Electronics (FEIM) priced its previously announced underwritten public offering of 1.74M common shares at $57.50 per share.
- The offering includes 1.09M shares issued by the company and 652,174 shares sold by existing stockholders Edenbrook Value Fund LP and Edenbrook Long Only Value Fund LP.
- The underwriters have a 30-day option to purchase up to an additional 15% shares.
- Net proceeds from the offering will be used to fund growth opportunities, including capital expenditures, working capital and other general corporate purposes.
- The transaction is expected to close on July 30, 2026.
- The stock price slumped about 9.7% on Tuesday after market hours.
More on Frequency Electronics
- Frequency Electronics, Inc. (FEIM) Q4 2026 Earnings Call Transcript
- Frequency Electronics: The Rerating May Still Be Early
- Frequency Electronics: Soft 2026 Results, But The Backlog Tells A Different Story
- Frequency Electronics launches $100M public stock offering
- Frequency Electronics lands $18M in new aerospace and government contracts
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