SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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F O R M 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2003
RADA ELECTRONIC INDUSTRIES LIMITED
(Name of Registrant)
7 Giborei Israel Street, Netanya 42504, Israel
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F __
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1):__
Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7):__
Indicate by check mark whether by furnishing the information
contained in this Form, the registrant is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the Securities
Exchange Act of 1934.
Yes __ No X
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b): 82-_______________
This Form 6-K is being incorporated by reference into the Company's Form
F-3 Registration Statement File No. 333-11716.
RADA ELECTRONIC INDUSTRIES LTD.
6-K Items
1. Press Release re RADA Electronic Industries Ltd. Business News dated
October 2, 2003.
ITEM 1
Press Release
SOURCE: RADA Electronic Industries Ltd.
RADA Electronic Industries Ltd. Business News
NETANYA, Israel, October 2/PRNewswire-FirstCall -- RADA Electronic Industries
Ltd. (Nasdaq: RADIF - news) today announced that it received a Nasdaq Staff
Determination on September 26, 2003, indicating that RADA failed to comply with
the stockholders' equity requirements for continued listing set forth in
Marketplace Rule 4320(e)(2)B, and that its securities would, therefore, be
delisted from The Nasdaq SmallCap Market. The Company has requested a hearing
before a Nasdaq Qualifications Panel to appeal the Staff Determination. There
can be no assurance the Qualifications Panel will grant the Company's request
for continued listing on the SmallCap Market.
About RADA
RADA Electronic Industries Ltd. is an Israel based company involved in the
military and commercial aerospace industries, with a staff of 90. The Company
specializes in Avionics, Ground Debriefing Stations (Video, ACMI and
Maintenance) and Automatic Test Equipment. Note: Certain statements in this
press release are "forward-looking statements" within the meaning of the Private
Securities Litigation Act of 1995. Such statements involve known and unknown
risks, uncertainties and other factors that may cause actual results to differ
materially. Such risk uncertainties and other factors include, but are not
limited to, changes in general economic conditions, risks in product and
technology developments, market acceptance of new products and continuing
product demand, level of competition and other factors described in the
Company's Annual Reports on Form 20-F and other filings with the Securities and
Exchange Commission.
Contact: Adar Azancot - C.E.O.
RADA Electronic Industries Ltd.
Tel: 011-972-9-8921109
SOURCE: RADA Electronic Industries Ltd.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Rada Electronic Industries Ltd.
(Registrant)
By: /s/Herzle Bodinger
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Herzle Bodinger, Chairman
Date: October 2, 2003