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TAT Technologies Announces Full Exercise and Closing of Underwriters' Option to Purchase Additional Ordinary Shares in Connection with its Public Offering

Provided By PR Newswire

Last update: Jun 26, 2025

NETANYA, Israel, June 26, 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 that, in connection with its previously announced underwritten public offering of 4,150,000 ordinary shares (consisting of 1,625,000 ordinary shares sold and issued by TAT and 2,525,000 ordinary shares sold by FIMI Opportunity V, L.P. and FIMI Israel Opportunity Five, Limited Partnership (the "Selling Shareholders")) (the "Offering"), the underwriters have exercised their option in full to purchase up to an additional 622,500 ordinary shares (consisting of 242,298 ordinary shares sold and issued by TAT and 380,202 ordinary shares sold by the Selling Shareholders) (the "Option Shares") at a public offering price of $26.00 per ordinary share, which was the same public offering price per share as in the Offering. The sale and issuance of the Option Shares closed today.

Read more at prnewswire.com

TAT TECHNOLOGIES LTD

NASDAQ:TATT (9/29/2025, 8:09:49 PM)

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