Frequency Electronics, Inc.

Frequency Electronics Announces Pricing of Public Offering

2026-07-28 22:08:48

MITCHEL FIELD, N. Y. , July 28, 2026 (GLOBE NEWSWIRE) -- Today, Frequency Electronics, Inc. (NASDAQ: FEIM) ("FEI" or the "Company") announced the pricing of its previously announced underwritten public offering of 1,739,131 shares of its common stock at a public offering price of $57.

Frequency Electronics Announces Pricing of Public Offering

2026-07-28 22:08:00

MITCHEL FIELD, N.Y., July 28, 2026 (GLOBE NEWSWIRE) -- Today, Frequency Electronics, Inc. (NASDAQ: FEIM) (“FEI” or the “Company”) announced the pricing of its previously announced underwritten public offering of 1,739,131 shares of its common stock at a public offering price of $57.50 per share for total gross proceeds of approximately $100 million. FEI is offering 1,086,957 shares, and Edenbrook Value Fund, LP and Edenbrook Long Only Value Fund, LP, affiliates of Jonathan Brolin, a member of our board of directors, are offering a total of 652,174 shares as selling stockholders. The offering is expected to close on July 30, 2026, subject to customary closing conditions. In addition, FEI has granted the underwriters a 30-day option to purchase from FEI up to an additional 260,869 shares of common stock, equal to 15% of the common stock sold in the public offering, at the public offering price, less underwriting discounts and commissions. FEI expects to use the net proceeds it receives from the offering to fund additional growth opportunities, including for capital expenditures, working capital and other general corporate purposes. FEI will not receive any proceeds from the sale of any shares of common stock by the selling stockholders.

Frequency Electronics Announces Proposed Public Offering

2026-07-28 16:33:00

MITCHEL FIELD, N.Y., July 28, 2026 (GLOBE NEWSWIRE) -- Today, Frequency Electronics, Inc. (NASDAQ: FEIM) (“FEI” or the “Company”) announced the commencement of an underwritten public offering of $100 million of shares of its common stock. FEI is offering $62.5 million of shares of common stock, and Edenbrook Value Fund, LP and Edenbrook Long Only Value Fund, LP, affiliates of Jonathan Brolin, a member of our board of directors, are offering $37.5 million of shares of common stock, in the aggregate, as selling stockholders. In addition, FEI intends to grant the underwriters a 30-day option to purchase from FEI up to an additional $15 million of shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market conditions and other factors, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. FEI expects to use the net proceeds it receives from the offering to fund additional growth opportunities, including for capital expenditures, working capital and other general corporate purposes. FEI will not receive any proceeds from the sale of any shares of common stock by the selling stockholders.

Frequency Electronics Inc. Announces Space Mission Contract Award Valued at Approximately $8 million

2026-07-27 07:30:00

MITCHEL FIELD, N.Y., July 27, 2026 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM), a leading provider of precision timing and frequency control products for space and terrestrial applications, is pleased to announce the award of a follow-on production contract for approximately $8 million, for compact, highly precise atomic clocks to support position, navigation, and timing (PNT) for lunar space missions.

FEIM Secures $18 Million in New Aerospace Contract Awards

2026-07-23 14:41:05

FEI secures $18 million in aerospace contract awards, including an $11 million satellite program deal and $7 million in follow-on production orders.

Frequency Electronics Inc (FEIM) Shares Fall 9.3% -- What GF Score of 59 Tells Investors

2026-07-22 20:21:00

On July 22, 2026, Frequency Electronics Inc (FEIM) shares fell 9.3% to a current price of $72.42. This decline comes after a strong performance over the past ye

FEIM Stock Up 13% Despite Incurring Q4 Loss Due to Restructuring Costs

2026-07-21 14:16:07

FEI incurs a fiscal Q4 loss per share amid restructuring and upfront investments, while record backlog, strong bookings and reaffirmed three-year financial targets pointed to future growth.

Why Frequency Electronics Stock Is Plummeting Today

2026-07-16 12:44:10

Frequency Electronics reported fourth-quarter 2026 financial results after the market closed yesterday. Although the company reported disappointing Q4 2026 revenue, management provided an auspicious outlook over the next several years.