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Slideshow Secondary Stock Offerings

By The Online Investor Staff, updated Fri., Jul. 31, 1:23 PM

Slide #2. RADA Electronic Industries of Netanya, Israel Secondary Offering

Company: RADA Electronic Industries of Netanya, Israel (NASDAQ:RADA)
Date announced: 7/30/2015
Shares Offered: 6,910,569
Date of Pricing: 7/30/2015
Price Per Share: $1.23
Secondary Offering Details: RADA Electronic Industries of Netanya, Israel (NASDAQ: RADA) (the "Company") announced today that it has priced a public offering of 6,910,569 of its ordinary shares. Pursuant to the offering, the Company is selling the shares at a price to the public of $1.23 per share. The Company has also granted to the underwriters of the offering an option to purchase from it up to an additional 1,036,585 of its ordinary shares to cover over-allotments in connection with the offering.

Rada Electronic Industries is an Israel-based defense electronics contractor thats engaged in the development, manufacture and sale of data recording and management systems (such as digital video and data recorders, ground debriefing stations, head-up display cameras), inertial navigation systems for air and land applications, avionics solutions (such as aircraft upgrades, avionics for unmanned aircraft vehicles, or UAVs, store management systems and interface computers) and radar sensors for active protective systems for land vehicles. Co. also provides test and repair services using its CATS testers and test program sets (“TPS”) for commercial aviation electronic systems.
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Company Name:  Rada Electronic Industries Ltd.
Sector:  Electronic Equipment & Products

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July 31, 2015    1:23 PM Eastern
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