Eltek Regains Compliance with NASDAQ Minimum Bid Price Listing Requirement
PETACH-TIKVA, Israel, December 19, 2017 - Eltek Ltd. (NASDAQ: ELTK ) (the “Company”), a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards, announced today that on December 11, 2017, it received written notice from the NASDAQ Stock Market Inc. indicating that the Company has regained compliance with the minimum bid price requirement under the Nasdaq Listing Rules.
About Eltek
Eltek – "Innovation Across the Board", is a global manufacturer and supplier of technologically advanced solutions in the field of printed circuit boards (PCBs), and is the Israeli leader 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 has ITAR, AS-9100 and NADCAP Electronics permits and its customers include top of the line 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, and R&D, production and marketing center is located in Israel. Eltek operates also through its subsidiaries in North America in Europe 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 .
Investor Contact:
Amnon Shemer
Chief Financial Officer
amnons@nisteceltek.com
+972-3-9395023
