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Stock impact report

Eltek stock slides on pricing stock offering to raise $10 million [Seeking Alpha]

Eltek Ltd. - Ordinary Shares (ELTK) 
US:NASDAQ Investor Relations: eleceltek.com/en/financial.php?tid=5
Company Research Source: Seeking Alpha
Shares of ELTK fell 12.9% after-hours on Monday. All of the ordinary shares are being sold by Eltek ( ELTK The offering is expected to close on February 15, 2024. The company said that it intends to use the net proceeds from the offering to strategically invest in the expansion of its production capabilities and for general corporate purposes including working capital. Recommended For You Recommended For You About ELTK Stock Related Stocks Trending Analysis Trending News Show less Read more
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