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POTENTIAL DEAL DETAILS
| Stock | Emcore Corporation | Symbol | EMKR |
| Date Announced | 09/30/2024 | Source | Press Release |
| Type | Unsolicited Bid | Acquiring Company/Person | Velocity One |
| Date of Confirmation: | 11/08/2024 | Price at Confirmation: | $2.37 |
| Potential Profit: | 7.24% | Annualized Profit: | 67.76% |
Mobix Labs (MOBX) announced it has submitted a non-binding proposal to the Board of Emcore (EMKR) to acquire all of its outstanding shares for $3.80 per share in cash.
Emcore Corporation Investor Relations
Mobix Labs, Inc. Investor Relations
Update(s):
October 1, 2024: Emcore (EMKR) confirmed that it has received an unsolicited, non-binding proposal from Mobix Labs (MOBX). The company’s Board continues to evaluate a range of strategic and financial options to enhance shareholder value.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.