Velocity One Signs Merger Agreement with EMCORE (EMKR)
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
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Source: GlobeNewswire
FAIRFIELD, New Jersey, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Velocity One, a newly formed aerospace manufacturing holding company, announced today it has signed a merger agreement with EMCORE Corporation (Nasdaq: EMKR) (“EMCORE”), a provider of inertial navigation solutions to the aerospace and defense industry. Under the agreement, EMCORE will become a wholly owned subsidiary of Velocity One. The purchase price of $3.10 per share in cash, backed by Charlesbank Capital Partners (“Charlesbank”), a private investment firm with more than $22 billion of total assets*, has been unanimously approved by the EMCORE board of directors. Velocity One will now have three industry leaders operating under its wing. In addition to EMCORE, it will comprise Cartridge Actuated Devices, Inc. (“CAD”), a 50-year veteran designer and manufacturer of energetic devices, and Aerosphere Power, a manufacturer of power system solutions for commercial and military aerospace, military ground vehicles, and UAV appli
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EMKR
News
- EMCORE Co. (NASDAQ: EMKR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- EMCORE Co. (NASDAQ: EMKR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EMKR, AMCR, MMLP, ALTM on Behalf of ShareholdersPR Newswire
- EMCORE Co. (NASDAQ: EMKR) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ALERT: Halper Sadeh LLC Continues to Investigate EMKR, SUM, ENLC, BCOVGlobeNewswire
EMKR
Earnings
- 8/6/24 - Miss
EMKR
Sec Filings
- 12/11/24 - Form 4
- 11/18/24 - Form SC
- 11/14/24 - Form SC
- EMKR's page on the SEC website