Analyst Research

Report Title Price
Provider: Pechala's Reports
$15.00
Provider: Pechala's Reports
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: ValuEngine, Inc.
$49.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Eltek Ltd Secures a $4.2 Million Investment From Nistec Ltd.


Monday, 19 Aug 2013 05:24pm EDT 

Eltek Ltd announced that it has entered into a $4.2 million investment agreement with Nistec Ltd. (Nistec), a provider of Electronic Manufacturing Services (EMS) and design services, to sell Nistec 3,532,655 ordinary shares at $1.19 per share. Nistec will also acquire all of the holdings of Eltek's shareholder, Mr. Yossi Maiman (24.1%), for $2.3 million, or $1.45 per share. Upon completion of the transactions, Nistec will hold the majority of Eltek's issued share capital (50.5%). 

Company Quote

0.9101
-0.0165 -1.78%
1 May 2015