other material
confidence high
sentiment neutral
materiality 0.65
Frequency Electronics underwriters exercise over-allotment option, raising ~$14.1M
FREQUENCY ELECTRONICS INC
- Underwriters exercised option in full for 260,869 shares on Aug 3, purchased Aug 5, 2026.
- Gross proceeds to company from Option Shares approximately $14.1 million before expenses.
- Net proceeds to fund growth opportunities, capital expenditures, working capital, and general corporate purposes.
- Option shares registered under existing Form S-3 shelf registration (File No. 333-297549).
- Original offering on July 30, 2026 included 1,086,957 company shares and 652,174 selling stockholder shares.