Provided By PR Newswire
Last update: May 30, 2025
NETANYA, Israel, May 29, 2025 /PRNewswire/ -- TAT Technologies Ltd. (Nasdaq: TATT) (TASE: TATT) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today the pricing of an underwritten public offering of 4,150,000 ordinary shares at a public offering price of $26.00 per ordinary share. 1,625,000 ordinary shares are being sold by TAT and 2,525,000 ordinary shares are being sold by FIMI Opportunity V, L.P. and FIMI Israel Opportunity Five, Limited Partnership (the "Selling Shareholders"). TAT and the Selling Shareholders have granted the underwriters an option to purchase up to an additional 242,298 and 380,202 ordinary shares, respectively, at the public offering price less the underwriting discount and commissions. The offering is expected to close on or about June 3, 2025, subject to customary closing conditions.
Read more at prnewswire.com