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RADA Electronic Industries (RADA) Plans 1-for-2 Reverse Split

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RADA Announces 1-for-2 Reverse Split of Ordinary Shares Effective as of September 14, 2016

September 14, 2016 1:53 PM EDT

NETANYA, Israel, Sept. 14, 2016 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq: RADA) hereby announces that the reverse share split previously approved by the Companys shareholders on August 31, 2016 has become effective on September 14, 2016. Pursuant to the reverse split, each 2 Ordinary Shares, NIS... More