Business Context and Reporting Period
Company: Frequency Electronics, Inc. (FEIM)
Filing Type: Form 8-K (Current Report)
Date of Report: August 3, 2026
Reporting Period: Events occurring between July 30, 2026, and August 5, 2026.
Key Financial Metrics
This filing reports on a specific capital raising event rather than periodic operating results. Key financial data points include:
- Gross Proceeds: Approximately $14.1 million from the sale of Option Shares.
- Shares Sold (Option): 260,869 shares of Common Stock.
- Previous Offering (July 30, 2026): 1,086,957 shares sold by the Company and 652,174 shares sold by Selling Stockholders.
- Operating Metrics: The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The primary material change is the full exercise of the underwriters' option to purchase additional shares following the initial offering completed on July 30, 2026.
- Option Exercise: On August 3, 2026, underwriters exercised their option in full for 260,869 shares.
- Closing Date: The purchase of Option Shares was completed on August 5, 2026.
- Capital Structure: The Company's outstanding share count increased by 260,869 shares as a result of this transaction.
Guidance, Outlook, and Management Commentary
Use of Proceeds: Management intends to use the net proceeds from the Option Shares to fund additional growth opportunities, specifically for capital expenditures, working capital, and other general corporate purposes.
Risks and Contingencies: The filing does not disclose new material risks or contingencies beyond the standard execution of the underwriting agreement.
Investor Verification Checklist
- Verify the final net proceeds after deducting underwriting discounts and offering expenses.
- Confirm the updated total number of outstanding shares of Common Stock post-closing.
- Review the final prospectus supplement dated July 28, 2026, for detailed terms of the offering.
- Monitor future filings for specific allocation of the $14.1 million gross proceeds toward capital expenditures.