Acquisition | EMCORE CORP | 4th March 2025
Initially announced on September 30, 2024 VELOCITY ONE made a cash offer for EMCORE CORP of USD 3.1 per EMCORE CORP share held. EMCORE CORP shareholders approved the Acquisition on February 27, 2025. Pending the completion of customary closing conditions, the Acquisition is expected to be completed on March 3, 2025. Trading in shares of EMCORE CORP is expected to be halted effective March 3, 2025. In the absence of an active market, the last close price will reflect the Deal Terms of the transaction.
The treatment below will be applied to the following indices:
- EMCORE CORP will be removed from the Index.
- The weight of EMCORE CORP (EMKR.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 04/03/2025
Solactive US Extended Broad Market Index (GTR)