TAT Technologies Ltd. announced on June 26, 2025, that the underwriters of its previously announced public offering fully exercised their option to purchase an additional 622,500 ordinary shares. This included 242,298 ordinary shares sold and issued by TAT and 380,202 ordinary shares sold by the selling shareholders.
The additional shares were sold at the public offering price of $26.00 per ordinary share. The total gross proceeds from the sale and issuance of these option shares to TAT, before underwriting discounts and commissions and offering expenses, amounted to $6.3 million.
TAT intends to use these net proceeds for general corporate purposes, including working capital and capital expenditures. The full exercise of the option indicates strong investor interest and further strengthens the company's financial position for ongoing growth initiatives.
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