Regulatory Filings • Dec 16, 2025
Regulatory Filings
Open in ViewerOpens in native device viewer
Washington, D.C. 20549
For the Month of December 2025
Commission File Number 0-21218
(Translation of registrant's name into English)
Gilat House, 21 Yegia Kapayim Street Daniv Park, Kiryat Arye, Petah Tikva 4913020, Israel (Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
On December 16, 2025, Gilat Satellite Networks Ltd., an Israeli company (the "Company"), received and accepted commitments from Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968 (the "Investors"), to participate in a private placement (the "Private Placement") of Ordinary Shares, par value NIS 0.20 per share, of the Company ("Ordinary Shares").
The Company is expected to issue and sell to the Investors an aggregate of 8,888,889 Ordinary Shares (the "Shares"), for a purchase price of US\$11.25 per Share. The newly issued Shares are expected to represent approximately 12.15% of the Company's issued and outstanding Ordinary Shares after the consummation of such sale. The closing of the transaction is subject to customary closing conditions and is expected to be completed in December 2025.
The Company expects to receive proceeds from the sale of the Shares, after deducting offering expenses, of approximately US\$98.8 million. The Company intends to use such proceeds for general corporate purposes, including strategic acquisitions.
A translated English copy, including potential strategic acquisitions of the form commitment letter is attached is Exhibit 99.1 to this report.
The Private Placement is being made in Israel only and not to U.S. persons, as defined in Rule 902 of the U.S. Securities Act of 1933, as amended (the "Securities Act"), pursuant to a registration exemption afforded by Regulation S promulgated under the Securities Act, and the Ordinary Shares will be subject to certain transfer restrictions. The Ordinary Shares will not be registered under the Securities Act and will not be offered or sold in the United States without registration or applicable exemption from the registration requirements according to the Securities Act.
This report does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote or approval nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation, sale, issuance or transfer would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this report include, but are not limited to, statements related to our expectations regarding the issuance and sale of the Shares, the closing date of the transaction, and the Company's intended use of the proceeds from the sale of the Shares. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected, including, without limitation, as a result of the war and hostilities between Israel and Hamas, Hezbollah, Iran and the Houthi movement. The forward-looking statements contained in this report are subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 27, 2025. The forward-looking statements in this report are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law.
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.
By: /S/ Doron Kerbel Name: Doron Kerbel
Title: Chief Legal Counsel and Corporate Secretary
Date: December 16, 2025
Exhibit 99.1
private placement, as described below.
| Full Name of the Investor: | |
|---|---|
| To: | To: |
| Gilat Satellite Networks Ltd. | Leader Issuances (1993) Ltd. |
| (The "Company") | (The "Representatives" or "Private Placement Manager") |
| Our offer is for the purchase of Shares for a price of US\$11.25 per Share, Total consideration in US\$ | |
|---|---|
| 2. | We hereby confirm that the Company and/or the Representatives may at their sole discretion give us a notice according to which the Company and/or the Representatives will determine whether they accept our offer, in whole or in part, that the Company and/or the Representatives are not obliged to accept our offer, in whole or in part, to conduct a tender, tender-like or |
Representatives shall be entitled to change the amount of Shares we are obligated to purchase, at their sole discretion, provided that this amount does not exceed the maximum amount specified in this commitment letter ("Acceptance Notice"). We hereby commit to transfer to the Company the full consideration for our Acceptance Notice, on the date we are notified by the Representatives, provided it is after the fulfillment of the conditions to closing, in consideration for the actual issuance of the Shares in our name through the Company's Registrar in the US - Equiniti Trust Company (formerly known as AST). We
other procedure for accepting offers, and no obligation of reasoning will apply to them if they choose not to accept our offer. It is hereby clarified that the Company and/or the
authorize the TASE member listed below in which the account is maintained, and instruct the TASE member to debit our account in the amount instructed by the to and/or in any other acceptable way as instructed by the Private Placement Manager, and subject to the limitations set forth in this section.
| of said representations and statements and/or non-compliance with our obligations according to this offer form, may cause the Company and/or the Representatives serious damages. | |||
|---|---|---|---|
| Exact Name of the Investor: | |||
Date |
Name |
Signature |

Petah Tikva, Israel, December 16, 2025 – Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) ("Gilat" or the "Company"), a worldwide leader in satellite networking technology, solutions and services, announced today that, following the approval of its Board of Directors, it has received and accepted commitments from Israeli institutional and accredited investors (as defined under Israel's Securities Law, 5728-1968) (the "Investors"), to participate in a private placement (the "Private Placement") of Ordinary Shares of the Company ("Ordinary Shares").
The Company is expected to issue and sell to the Investors an aggregate of 8,888,889 Ordinary Shares (the "Shares"), for a purchase price of US\$11.25 per Share, which represents an approximately 7.9% discount to the 10-day Volume Weighted Average Price (VWAP)1. The newly issued Shares are expected to represent approximately 12.15% of the Company's issued and outstanding Ordinary Shares after the consummation of such sale. The closing of the transaction is subject to customary closing conditions and is expected to be completed in December 2025.
The Company expects to receive net proceeds from the sale of the Shares, after deducting offering expenses, of approximately US\$98.8 million. The Company intends to use such proceeds for general corporate purposes, including potential strategic acquisitions.
The Private Placement is being made in Israel only and not to U.S. persons, as defined in Rule 902 of the U.S. Securities Act of 1933, as amended (the "Securities Act"), pursuant to a registration exemption afforded by Regulation S promulgated under the Securities Act, and the Shares will be subject to certain transfer restrictions. The Shares will not be registered under the Securities Act and will not be offered or sold in the United States without registration or applicable exemption from the registration requirements according to the Securities Act.
This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote or approval nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation, sale, issuance or transfer would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
1 Calculated based upon the closing share prices on Nasdaq on the 10 consecutive trading days ending on December 15, 2025.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forwardlooking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to our expectations regarding the issuance and sale of the shares, the closing date of the transaction, and the Company's intended use of the proceeds from the sale of the Shares. Our expectations and beliefs regarding these matters may not materialize, and actual results or events in the future are subject to risks and uncertainties that could cause actual results or events to differ materially from those projected, including, without limitation, as a result of the war and hostilities between Israel and Hamas, Hezbollah, Iran and the Houthi movement. The forward-looking statements contained in this press release are subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 27, 2025. The forward-looking statements in this press release are based on information available to the Company as of the date hereof, and the Company disclaims any obligation to update any forward-looking statements, except as required by law.
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Together with our wholly owned subsidiaries, Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a cloud-based platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and ESAs, highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.
Gilat's products and tailored solutions support multiple applications including government and defense, IFC and mobility, broadband access, cellular backhaul, enterprise, aerospace, broadcast, and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com
Gilat Satellite Networks Hagay Katz, Chief Product and Marketing Officer [email protected]
Alliance Advisors:
[email protected] Phone: +1 212 838 3777

Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.