Frequency Electronics launches USD 100 million common stock offering

Reuters2026/07/28 20:34

By:Reuters

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Frequency Electronics launched an underwritten public offering of USD 100 million in common stock.
USD 62.5 million of shares to be sold by the company; USD 37.5 million to be sold by Edenbrook funds.
Underwriters receive a 30-day option to buy up to an additional USD 15 million of shares from the company.
Company portion of proceeds earmarked for growth investments, including capital spending, working capital, general corporate purposes.
Morgan Stanley leads the deal; Craig-Hallum also serves as book-running manager.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frequency Electronics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607281633PRIMZONEFULLFEED9799665) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Frequency Electronics launches USD 100 million common stock offering

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