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M-tron Industries, Inc. Completes Rights Offering

M-tron Industries, Inc. (NYSE American: MPTI), a prominent player in the field of engineering and manufacturing of advanced electronic components, announced the successful completion of its rights offering on April 20, 2026. This strategic financial maneuver has garnered approximately $42.1 million in proceeds, firmly positioning the company for future growth.

What is the Rights Offering?

The rights offering was a key initiative designed to allow current shareholders the opportunity to purchase additional shares at a predetermined price. This tactic is often used by companies to raise capital while enabling existing shareholders to maintain their proportional ownership in the company.

For this offering, M-tron issued a total of 713,362 shares of common stock, priced at a par value of $0.01 per share. The response from the rightsholders was notably strong, with around 83.6% of the shares subscribed through validly exercised basic subscription privileges.

The remaining shares were allocated pro-rata among those who exercised their oversubscription rights, though the allocation process was complex due to multiple rounds of proration based on demand.

Utilization of Funds

The raised funds are earmarked for several critical initiatives:

• - Increasing earnings and shareholder returns
• - Pursuing potential acquisitions and strategic investments
• - Investing in a specialized RF fund
• - Supporting general corporate purposes

This diversified strategy of utilizing the capital highlights M-tron’s commitment to fostering growth and enhancing its operational capabilities in the highly competitive aerospace and defense industries.

Future Outlook

With the rights offering concluded, M-tron Industries now has approximately 4.3 million shares outstanding. This expansion in the number of shares aims to strengthen the company's equity base, making it better equipped to navigate future challenges and opportunities.

M-tron has indicated that refunds for any unfulfilled oversubscriptions will be processed on or about April 27, 2026. Stakeholders who have exercised their rights through brokers, dealers, or nominees are advised to contact their respective financial intermediaries for updates regarding their shares or potential refunds.

About M-tron Industries

Established as a leader in the design, manufacturing, and marketing of high-reliability frequency and spectrum control products, M-tron Industries has built a reputation for providing unmatched support throughout the product lifecycle. With manufacturing facilities located in Orlando, Florida and Yankton, South Dakota, as well as an international presence in Hong Kong and Noida, India, M-tron is well-positioned to leverage its technical expertise and facilities to meet the demanding needs of its customers.

As a company deeply rooted in engineering excellence, M-tron Industries continues to embrace innovation while fostering strategic initiatives that prioritize customer success and corporate sustainability. This latest rights offering reflects their strategic vision to build a future defined by growth, innovation, and shareholder value.

For further information about M-tron Industries and its offerings, visit www.mtron.com.

Conclusion

M-tron Industries, Inc.'s successful completion of the rights offering not only strengthens its financial position but also reinforces its commitment to growth and excellence in the fields of aerospace, defense, and advanced electronic solutions. Stakeholders are encouraged to keep an eye on the company as it embarks on its next chapter of expansion and opportunity.