Bel Fuse Inc. Announces Pricing of Upsized Public Offering of Class B Common Stock
WEST ORANGE, N.J., May 13, 2026 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB) (“Bel” or the “Company”), a leading global manufacturer of electronic components, systems and solutions, today announced the pricing of the upsized underwritten offering of 1,500,000 shares of its Class B common stock. The shares of Class B common stock are being sold at an offering price of $266.00 per share. The aggregate gross proceeds to Bel from this offering are expected to be approximately $399.0 million, before deducting underwriting discounts and commissions and other offering expenses. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 225,000 shares of its Class B common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on May 15, 2026, subject to the satisfaction of customary closing conditions.