TAT Technologies Launches Public Offering of Shares to Advance Aerospace Solutions

TAT Technologies Initiates Public Offering of Ordinary Shares

On May 28, 2025, TAT Technologies Ltd. (Nasdaq: TATT) announced a significant public offering of ordinary shares to enhance its operations in the aerospace and defense sectors. The initiative reflects TAT’s ambition to bolster its capital structure and support ongoing and future projects within these critical industries.

This underwritten public offering comprises 1,625,000 ordinary shares offered by TAT itself, alongside an additional 2,525,000 shares from selling shareholders, FIMI Opportunity V, L.P. and FIMI Israel Opportunity Five, Limited Partnership. Notably, the underwriters have been granted an option to purchase up to 242,298 and 380,202 additional shares from TAT and the selling shareholders, respectively, at the public offering price minus any underwriting discounts and commissions.

TAT Technologies plans to utilize the proceeds from the sale of its ordinary shares for general corporate purposes. This includes funding for working capital as well as capital expenditures aimed at expanding its business capabilities and enhancing service delivery in the commercial and military aerospace markets. However, it is worth noting that TAT will not receive any proceeds from the shares sold by the selling shareholders.

The completion of this offering is contingent on market conditions, and there remains uncertainty about when, or if, it will reach fruition. Given the prevailing economic climate and external industry factors, including geopolitical tensions and fluctuating market conditions, the final terms and size of the offering may vary.

This strategic move is backed by prominent financial institutions. Stifel, Nicolaus & Company, Incorporated, and Truist Securities, Inc. will serve as joint book-running managers for the offering, while The Benchmark Company, LLC and Lake Street Capital Markets, LLC will act as passive book-running managers.

An essential aspect of this offering is the registration statement filed with the U.S. Securities and Exchange Commission (SEC) on Form F-3, which was approved as of April 25, 2025. Investors interested in purchasing shares can access the preliminary prospectus supplement and accompanying documents for free through the EDGAR database on the SEC's official website.

TAT Technologies is renowned for its innovative solutions and services tailored for the aerospace and defense sectors. With operations that span across various facets of the aerospace industry, the company specializes in original equipment manufacturing (OEM) of heat transfer solutions and aviation accessories, as well as maintenance, repair, and overhaul (MRO) services. Their expertise covers a wide range of aviation components, including crucial elements such as jet engine components and auxiliary power units.

Beyond the immediate financial aspect, TAT’s public offering signifies its commitment to maintaining industry leadership amidst a rapidly evolving market. The aerospace and defense landscape is seeing swift technological advancements and increased demand for innovative solutions, making it essential for companies like TAT to secure the necessary capital to remain competitive.

In a landscape characterized by uncertainty due to geopolitical tensions, particularly the tumultuous relationship in the Middle East, companies operating in these sectors must navigate various risks. TAT remains vigilant and adaptable, ensuring that its operational strategies align with the complex nature of the current global scenario.

In conclusion, TAT Technologies Ltd. is taking proactive steps to position itself for sustainable future growth through this public offering. Investors looking to capitalize on the potential of the aerospace sector will find this offering particularly noteworthy as TAT continues to leverage its expertise to meet the growing demands of both commercial and military applications.