TAT Technologies Announces Proposed Private Placement to Israeli Institutional and Accredited Investors
TAT Technologies Ltd. - Ordinary Shares (TATT)
US:NASDAQ Investor Relations:
tat-technologies.com/contact-us.html
Company Research
Source: PR Newswire
NETANYA, Israel, Sept. 1, 2024 /PRNewswire/ -- TAT Technologies Ltd. (NASDAQ and TASE: TATT - News) ("TAT" or the "Company"), a leading provider of products and services to the commercial and military aerospace and ground defense industries, announced today that, following the approval of its Board of Directors, it has received and accepted commitments from Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968) (the "Investors"), to participate in a private placement (the "Private Placement") of Ordinary Shares of the Company ("Ordinary Shares").The Company is expected to issue and sell to the Investors an aggregate of 673,340 Ordinary Shares (the "Shares"), for a purchase price of NIS 54.95 per Share (approximately $15.03 per Share*). The newly issued Shares are expected to represent approximately 6.2% of the Company's issued and outstanding Ordinary Shares after the consummation of such sale. The closing of the transaction is subject to
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News
- TAT Technologies GAAP EPS of $0.26, revenue of $40.5M Nov. 19, 2024 10:59 AM ET By: Mary Christine Joy , SA News Editor [Seeking Alpha]Seeking Alpha
- TAT Technologies Grows Revenue by 35%, Increases Net Income by 33% and Adjusted EBITDA by 70% for the Third Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- TAT Technologies Grows Revenue by 35%, Increases Net Income by 33% and Adjusted EBITDA by 70% for the Third Quarter of 2024PR Newswire
- TAT Technologies to Announce Third Quarter Financial Results on November 18 and Host Earnings Webcast on November 19PR Newswire
- TAT Technologies to Present at LD Micro Main Event VXII on October 29, 2024PR Newswire
TATT
Sec Filings
- 11/19/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/4/24 - Form SC
- TATT's page on the SEC website