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Arotech reports it will conduct a public offering of its common stock
Deal conducted by B. Riley; proceeds fund general corporate purposes
By Devika Patel
Knoxville, Tenn., July 10 – Arotech Corp. plans to price a public offering of stock with a 30-day greenshoe option, according to a preliminary prospectus supplement filed Thursday with the Securities and Exchange Commission.
B. Riley & Co., LLC is the bookrunner.
Proceeds will be used for general corporate purposes.
Based in Auburn, Ala., Arotech makes defense and security products for the military, law enforcement and homeland security sector.
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