Gilat Satellite Networks Announces Private Placement of Shares

Reuters12-16

Gilat Satellite Networks Announces Private Placement of Shares

Gilat Satellite Networks Ltd. has announced a private placement of its ordinary shares, offering them at a price of US$11.25 per share. The sale is being conducted as an unregistered transaction in accordance with Regulation S under the US Securities Act of 1933, targeting non-U.S. investors. Allocation of shares is subject to several conditions, including approvals from the Tel Aviv Stock Exchange, Nasdaq, and potentially the company's general meeting. The shares sold in this private placement will be subject to resale restrictions under both Israeli and U.S. securities laws.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gilat Satellite Networks Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-004065), on December 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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