M-tron Industries, Inc. filed an 8-K/A regarding a rights offering where shareholders receive one transferable subscription right per share held, exercisable at $59.00 per share until April 15, 2026.
Key takeaways
Shareholders of record as of March 27, 2026 received one transferable subscription right for each share of common stock held.
Five Rights allow purchase of one share of common stock at a subscription price of $59.00 per share.
Rights holders who fully exercise their Basic Subscription Privilege may also subscribe for additional shares under the Oversubscription Privilege, subject to proration.
The Rights Offering expires at 5:00 p.m. New York City time on April 15, 2026, unless extended by the Board.
Rights trade on NYSE American under symbol "MPTI RT" from March 31, 2026 until market close on April 14, 2026.