GILT ▲ +1.0% - Gilat Satellite Networks Ltd. $GILT - Gilat Announces $100 Million Five-Year Convertible Notes at 60% Conversion Premium Gilat Satellite Networks announced a $100 million five-year convertible notes offering at a 60% conversion premium, driving the stock up 1.0% today. The convertible notes provide the company with capital while offering investors the opportunity to convert debt into equity at a predetermined price above current levels. This financing move likely boosted investor sentiment as it demonstrates management's confidence in the company's future growth trajectory. 31-AUG-2026 06:05 AM ET