IPO - TAT TECHNOLOGIES LTD

Form Type: 424B5

Filing Date: 2025-05-30

Corporate Action: Ipo

Type: New

Accession Number: 000117891325002017

Filing Summary: TAT Technologies Ltd is offering a total of 4,150,000 ordinary shares, consisting of 1,625,000 ordinary shares offered by the company and an additional 2,525,000 ordinary shares from selling shareholders. The company will not receive proceeds from the sales by selling shareholders. The public offering price is set at $26.00 per share, with total proceeds estimated at approximately $107.9 million. The offering is facilitated through underwriters who also hold options to purchase additional shares from both the company and the selling shareholders. The company indicates that investing involves substantial risk and provides specific financial data about the offering and their recent operational activities, including recent agreements expanding service contracts with a cargo carrier that are expected to contribute to significant revenue over the coming years. The ordinary shares are listed on Nasdaq under the symbol 'TATT'.