Omer regev
23/08/2017
The funds that holds the stock.
NETANYA, Israel, August 21, 2017 -- RADA Electronic Industries Ltd. (NASDAQ: RADA) today announced that it has received and accepted purchase offers from several Israeli institutional investors to purchase 4,604,500 ordinary shares for $2.15 per ordinary share, or approximately $10 million in the aggregate. Among these investors are Yelin-Lapidot Investment House, More Investment House, Noked Capital, and The Phoenix Insurance Company.
NETANYA, Israel, August 21, 2017 -- RADA Electronic Industries Ltd. (NASDAQ: RADA) today announced that it has received and accepted purchase offers from several Israeli institutional investors to purchase 4,604,500 ordinary shares for $2.15 per ordinary share, or approximately $10 million in the aggregate. Among these investors are Yelin-Lapidot Investment House, More Investment House, Noked Capital, and The Phoenix Insurance Company.
About RADA
RADA Electronic Industries Ltd. is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sales of Tactical Land Radars for Force and Border Protection and Avionics Systems (including Inertial Navigation Systems) for fighter aircraft and UAVs.
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