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
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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
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News
- EMCORE Co. (NASDAQ: EMKR) was upgraded by analysts at Craig Hallum from a "hold" rating to a "buy" rating. They now have a $3.00 price target on the stock.MarketBeat
- Emcore confirms receipt of $3.80/share buyout proposal from Mobix Labs [Seeking Alpha]Seeking Alpha
- EMCORE soars after Mobix Labs offers to buy company at $3.8 per share [Seeking Alpha]Seeking Alpha
- EMCORE Co. (NASDAQ: EMKR) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Study shows strength, resilience of Sandia Science & Technology Park [Yahoo! Finance]Yahoo! Finance
EMKR
Earnings
- 8/6/24 - Miss
EMKR
Sec Filings
- 10/2/24 - Form 3
- 10/1/24 - Form 8-K
- 9/30/24 - Form DFAN14A
- EMKR's page on the SEC website