(New York, NY, February 20, 2024) Carter Ledyard assisted client Eltek Ltd. (“Eltek”) (NASDAQ: ELTK), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, with its $10 million public offering of 625,000 ordinary shares, at a price to the public of $16.00 per share, which closed on February 15, 2024.
Carter Ledyard partners Steven J. Glusband and Guy Ben-Ami advised Eltek in this transaction.
See Eltek press announcement for more information.
About Carter Ledyard & Milburn LLP
Carter Ledyard & Milburn LLP is an elite New York law firm offering clients full service legal counsel. Our 170-year history speaks to our legacy of quality client service and our location in downtown Manhattan is a hub for financial institutions and global business. The Firm’s Israeli Cross-Border practice has a long history of providing legal services to foreign companies entering the U.S. market and have been providing legal services to Israeli-based companies for over 20 years. We bring our skills and imagination to bear on the needs and aspirations of our clients, today’s leading and emerging companies, institutions and individuals. Our practice groups include corporate, securities, mergers and acquisitions, litigation, intellectual property, tax, environmental, employment, media and technology, cybersecurity, crypto and virtual assets, AI, antitrust, real estate and bankruptcy. A significant portion of our firm’s practice involves representation of overseas-based clients and their U.S. affiliates.
About Eltek
Eltek is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs) and is an Israeli leading company in this industry. PCBs are the core circuitry of most electronic devices. Eltek specializes in the manufacture and supply of complex and high-quality PCBs, HDI, multilayered and flex-rigid boards for the high-end market. Eltek is ITAR compliant and has AS-9100 and NADCAP electronics certifications. Its customers include leading companies in the defense, aerospace and medical industries in Israel, the United States, Europe and Asia. Eltek was founded in 1970. The Company’s headquarters, R&D, production and marketing center are located in Israel. Eltek also operates through its subsidiary in North America and by agents and distributors in Europe, India, South Africa and South America. For more information, visit Eltek’s web site at www.nisteceltek.com.
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