Ceragon Networks files $150 million shelf for ordinary stock and debt

By Devika Patel

Knoxville, Tenn., Aug. 15 - Ceragon Networks Ltd. filed a $150 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers ordinary shares, rights, warrants, debt securities and units.

The debt may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Tel Aviv, Israel-based Ceragon designs, develops, manufactures and sells point-to-point wireless backhaul solutions.

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