Report of Foreign Issuer (6-k)
July 31 2015 - 9:24AM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of
July 2015
RADA ELECTRONIC INDUSTRIES LIMITED
(Name of Registrant)
7 Giborei Israel Street, Netanya 4250407, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No x
If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
This Form 6-K is being incorporated by reference into the Registrant’s Form S-8 Registration Statement File No. 333-111437.
RADA ELECTRONIC INDUSTRIES LTD.
EXPLANATORY NOTE
The following exhibit is attached:
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99.1
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Press Release: Rada Announces Pricing of Public Offering of Its Ordinary Shares dated July 30, 2015
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Rada Electronic Industries Ltd.
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(Registrant)
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By:
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/s/ Zvi Alon |
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Zvi Alon
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Chief Executive Officer
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Date: July 31, 2015
EXHIBIT INDEX
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EXHIBIT
NO.
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DESCRIPTION
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99.1
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Press Release: Rada Announces Pricing of Public Offering of Its Ordinary Shares dated July 30, 2015
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RADA ANNOUNCES PRICING OF PUBLIC OFFERING OF ITS ORDINARY SHARES
Netanya, Israel, July 30, 2015 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.
The Company anticipates that the net proceeds of this offering will be used for the repayment of debt and the payment to an affiliate of the Company’s controlling shareholder for expenses incurred in the course of financing negotiations. None of the Company’s management, employees, affiliates or other shareholders are selling securities in this offering.
Chardan Capital Markets, LLC acted as the sole underwriter for this transaction.
A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission on July 30, 2015. The offering is expected to close on August 5, 2015, subject to customary closing conditions.
This offering shall be made only by means of the prospectus, copies of which may be obtained from Chardan Capital Markets, Attention: Scott Blakeman at 17 State St., Suite 1600, New York, NY 10004, phone: (646) 465-9025, fax: (646) 465-9091. The registration statement may also be accessed through the SEC website: www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein, nor shall there by any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About RADA
RADA Electronic Industries Ltd. is an Israel-based defense electronics contractor. The Company specializes in the development, production, and sale of tactical land radars for force and border protection, inertial navigation systems for air and land applications, and avionics systems and upgrades.
Contact:
Shiri Lazarovich- C.F.O.
RADA Electronic Industries Ltd.
Tel: +972-9-8921111
Shiri.Lazarovich@rada.com
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