M-tron Industries is issuing one transferable subscription right for each share of common stock held as of 5:00 p.m. Eastern Time on March 27, 2026. Five rights can be exercised to purchase one share of common stock at a 10–12% discount to the five-day volume-weighted average price ending on the record date. Rights will trade on NYSE American under the symbol MPTI RT from March 31 to April 13, 2026, and expire at 5:00 p.m. Eastern Time on April 15, 2026. If fully subscribed, the offering is expected to generate gross proceeds of approximately $42.7 million.

Proceeds from the rights offering may be used to fund accretive acquisitions, carve-outs and other financial engineering with larger entities, strategic investments including an RF fund, and expansion of internal manufacturing capabilities and capacity. The company may also allocate funds to general corporate purposes such as working capital, capital expenditures and repayment or refinancing of any outstanding indebtedness.

Global conflicts and a shift toward agile, software-centric electromagnetic spectrum warfare systems are increasing demand for high-performance RF components. U.S. defense procurement reforms are accelerating production of critical systems and favoring nimble electronics defense suppliers, positioning M-tron to capitalize on these market trends.