Frequency Electronics Announces Pricing of Public Offering

Frequency Electronics, Inc. (NASDAQ: FEIM) announced the pricing of an underwritten public offering of 1,739,131 shares at $57.50 per share, generating approximately $100 million in gross proceeds. The company will receive net proceeds from 1,086,957 shares offered, with the remainder coming from selling stockholders. Proceeds will fund growth opportunities, capital expenditures, and working capital. The offering is expected to close on July 30, 2026, with Morgan Stanley and Craig-Hallum serving as book-running managers.