BEL FUSE INC /NJ (BELFA) Form 424B5 — May 14, 2026
Bel Fuse Inc. is offering 1.5 million shares of Class B common stock at $266.00 per share, raising gross proceeds of $399 million. The company granted underwriters a 30-day option to purchase up to an additional 225,000 shares, which would increase total gross proceeds to approximately $441 million. The net proceeds of approximately $383 million are intended to pay down outstanding indebtedness under the company's credit facility and fund the acquisition of the remaining 20% stake in Enercon Technologies, Ltd.
Key figures
- Gross Proceeds
- 399000000
- Offering Price
- 266
- Shares Offered
- 1500000
- Net Proceeds
- 383300000
- Greenshoe Shares
- 225000
- Enercon Stake Owned
- 80%
- Enercon Stake To Acquire
- 20%
- Dividend Per Share Class A
- 0.06
- Dividend Per Share Class B
- 0.07
- Class AShares Outstanding
- 2115263
- Total Proceeds With Greenshoe
- 440900000
- Underwriting Discount Per Share
- 9.975
- Class BShares Outstanding Pre Offering
- 10607444
- Class BShares Outstanding Post Offering
- 12107444
Price after filing
Close on the filing date to close N calendar days later (from $242.20). Historical, not a forecast.
AI analysis
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