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0.044642857142857 -0.0357142857142857 0.0267857142857143 -0.0312500000000001 0.00446428571428562 -0.0178571428571429 -0.0357142857142857 -0.0267857142857143
Stock impact report

Emcore Corporation Confirms Receipt of Unsolicited, Non-Binding Proposal from Mobix Labs, Inc.

EMCORE Corporation (EMKR) 
Last emcore corporation earnings: 2/5 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.emcore.com/investor-relations
Company Research Source: GlobeNewswire
BUDD LAKE, NJ, Oct. 01, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR) (“Emcore” or the “Company), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today confirmed that it has received an unsolicited, non-binding proposal from Mobix Labs, Inc. (“Mobix”) to acquire all of the Company’s outstanding shares for $3.80 per share in cash. The Company’s Board of Directors continues to evaluate a range of strategic and financial options to enhance shareholder value. The Company’s Board of Directors and management team are committed to acting in the best interests of all shareholders. Consistent with its fiduciary duties and in consultation with the Company’s financial and legal advisors, the Company’s Board of Directors will carefully review Mobix’s proposal to determine the course of action that it believes is in the best interest of the Company and its shareholders. The Company does not intend to make further co Show less Read more
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