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M-tron Industries Announces Rights Offering Post CEO Resignation

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M-tron Industries Announces Rights Offering Post CEO Resignation

An update from M-tron Industries Inc ( (MPTI) ) is now available.

On February 17, 2025, Michael J. Ferrantino, Jr. resigned as CEO and director of M-tron Industries to pursue opportunities with the Connectivity Partnership, with Cameron Pforr stepping in as the interim CEO. Concurrently, M-tron announced a rights offering on February 20, 2025, allowing shareholders to purchase additional common stock, which may influence their market positioning and shareholder value.

More about M-tron Industries Inc

M-tron Industries Inc operates in the technology sector, focusing on software, hardware, and services related to radio frequency technologies across various sectors.

YTD Price Performance: -7.64%

Average Trading Volume: 42,208

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $133.7M

For detailed information about MPTI stock, go to TipRanks’ Stock Analysis page.

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