M-Tron Industries Inc.
04/09/2026 | Press release | Distributed by Public on 04/09/2026 15:17
M-tron Industries, Inc. Announces Extension of Previously Announced Rights Offering (Form 8-K)
M-tron Industries, Inc. Announces Extension of Previously Announced Rights Offering
ORLANDO, Florida (April 9, 2026) - M-tron Industries, Inc. (NYSE American: MPTI, MPTI RT) ("Mtron" or the "Company") today announced that it has extended the expiration of the rights offering to purchase shares of Mtron's common stock, par value $0.01 per share (the "Common Stock"), distributed on March 30, 2026 (the "Rights"), until 5:00 p.m. Eastern Time on Monday April 20, 2026 (the "Rights Offering") to facilitate the administration of the Rights Offering. The Rights Offering was previously scheduled to expire on April 15, 2026. All other terms and conditions of the Rights Offering remain unchanged.
Pursuant to the prospectus supplement:
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Five (5) Rights required to purchase one (1) share of Common Stock; |
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Common Stock can be purchased at a subscription price of $59.00 per share; |
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Over-subscription privilege available to Rights holders who are shareholders of record who exercise their basic Rights in full, whereby such Rights holder subscribes for any or all of the shares issuable pursuant to any unexercised Rights on the terms and subject to the conditions set forth in the prospectus supplement; and |
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No fractional shares will be issued. |
All exercise notices and payments (including with respect to any exercise of a Rights holder's over-subscription privilege) must now be received by Computershare Trust Company, N.A. no later than 5:00 p.m. Eastern Time on Monday April 20, 2026. Holders in street name should contact their broker, bank, or other intermediary for information on how to exercise their Rights (including pursuant to any exercise of the over-subscription privilege).
The Rights Offering is more fully described in the prospectus supplement filed with the Securities and Exchange Commission (the "SEC") on March 30, 2026. A copy of the prospectus, prospectus supplements or further information with respect to the Rights Offering may be obtained by contacting Georgeson LLC, the information agent for the Rights Offering, at (866) 539-6575.
About Mtron
M-tron Industries, Inc. (NYSE American: MPTI) designs, manufactures, and markets highly engineered, high reliability frequency and spectrum control products and solutions. As an engineering-centric company, Mtron provides close support to its customers throughout our products' entire life cycle, including product design, prototyping, production, and subsequent product upgrades. Mtron has design and manufacturing facilities in Orlando, Florida, and Yankton, South Dakota, a sales office in Hong Kong, and a manufacturing facility in Noida, India. For more information, visit www.mtron.com.
M-Tron Industries Inc. published this content on April 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 09, 2026 at 21:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]