Frequency Electronics (NASDAQ: FEIM) adds $14.1M from 260,869 option shares
Frequency Electronics, Inc. (FEIM) reported that its underwriters exercised in full a 30-day option to buy 260,869 additional common shares. The option shares were purchased on Aug. 5, 2026, generating about $14.1 million in gross proceeds to the company. The company plans to use net proceeds for growth opportunities, including capex and working capital.

