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RADA Electronic Industries LTD.
US$60m

Canaccord Genuity acts as Joint Bookrunner to RADA Electronic Industries LTD. on its $59.5 million Follow-On Offering

Canaccord Genuity is pleased to announce the completion of a follow-on offering of 5.175 million shares at US$11.50 per share, which includes the full exercise of the underwriters’ overallotment option, raising gross proceeds of US$59.5125 million.

RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The company is a leader in mini-tactical radars, serving attractive, high-growth markets, including critical infrastructure protection, border surveillance, active military protection and counter-drone applications.

Canaccord Genuity acted as Joint Bookrunner for the offering. The Canaccord Genuity team included John Stack, Jennifer Pardi, Shachar Familia, Brian O’Connor, Mike Wright, John Palmeri and Brooke Szczygiel.
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