RADA Electronic Industries (RADA) to Offer Ordinary Shares

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Go back to RADA Electronic Industries (RADA) to Offer Ordinary Shares

RADA Announces Proposed Public Offering of Ordinary Shares

March 3, 2021 4:01 PM EST

NETANYA, Israel, March 03, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (RADA) (NASDAQ and TASE: RADA), a global defense technology company, today announced that it intends to offer and sell its ordinary shares in an underwritten public offering. RADA also expects to grant to the underwriters a 30-day option to purchase up to an additional 15% of its ordinary shares sold in the offering on the same terms and conditions.  There can be no assurance as to whether or when the proposed offering may be completed, or as to the... More