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SCT Emcore announces pricing of public offering

Posted: Thu Feb 16, 2023 1:19 pm
by admin
Emcore Corp of Alhambra, CA, USA – which provides mixed-signal products for the aerospace & defense, communications and sensing markets – has announced the pricing of a public offering of 15,454,546 shares of its common stock at a price of $1.10 per share. Gross proceeds to Emcore, before deducting the placement agent fees and other offering expenses, are expected to be about $17m. The offering is expected to close on or about 17 February, subject to customary closing conditions. A.G.P./Alliance Global Partners is acting as sole placement agent on a best-efforts basis...

Source: https://www.semiconductor-today.com/new ... 0223.shtml