Emcore CORP 8-K filings

EMCORE Corporation finalizes its merger with Velocity One Holdings, resulting in the company becoming a wholly-owned subsidiary and ceasing its listing on the Nasdaq Stock Market.

EMCORE Corporation announces its fiscal 2025 first quarter results, highlighting improved gross profit margins and positive Adjusted EBITDA despite a GAAP earnings loss.

EMCORE Corporation announced positive cash flow of $1.8 million and a 6% sequential increase in revenue for the fourth quarter of fiscal year 2024, driven by a successful restructuring plan.

EMCORE Corporation has entered into a merger agreement to be acquired by Velocity One Holdings for $3.10 per share in cash.

EMCORE Corporation has confirmed receiving an unsolicited, non-binding proposal from Mobix Labs to acquire all outstanding shares for $3.80 per share in cash.

EMCORE Corporation has amended its Q3 2024 earnings report to reflect changes in warrant accounting, while also reporting strong revenue growth and progress in cost reduction efforts.

EMCORE Corporation has fully repaid its outstanding debt of approximately $9.3 million, effectively terminating its credit agreement with Wingspire Capital LLC and other lenders.

EMCORE Corporation announced its fiscal 2024 third quarter results, highlighting strong revenue driven by record shipments and improved gross margins due to restructuring efforts.

EMCORE Corporation has appointed David Rogers and Matthew Vargas to its Board of Directors, with Rogers joining the Compensation Committee and Vargas serving without additional compensation.

EMCORE Corporation received a default notice from its lenders due to non-compliance with loan covenants, triggering an 18% default interest rate.

EMCORE Corporation received notices of default from its lenders, disputed some claims, and appointed new board members while facing increased interest rates.

EMCORE Corporation is implementing a restructuring program that includes closing its Alhambra, CA facility and reducing its workforce by approximately 40%.

EMCORE Corporation has appointed Matthew Vargas as interim Principal Executive Officer, effective May 14, 2024, while he continues to serve as interim CEO and VP of Sales.

EMCORE Corporation reported lower-than-expected revenue for the second fiscal quarter of 2024, along with the departure of its CEO and the appointment of an interim CEO.

EMCORE Corporation divests its non-core Chips business and wafer fabrication operations for $2.92 million and the assumption of certain liabilities, while also securing a forbearance agreement with new lenders.

EMCORE Corporation has received notification from Nasdaq that it has regained compliance with the minimum bid price requirement of $1.00 per share.

EMCORE Corporation's shareholders approved a reverse stock split at a ratio of 10:1, effective April 1, 2024, to increase the per-share price of its common stock.

EMCORE Corporation's shareholders approved an amendment to the 2019 Equity Incentive Plan, a reverse stock split, and an increase in authorized shares at their annual meeting on March 15, 2024.

EMCORE Corporation's Board of Directors has approved an amendment to the company's bylaws, officially changing the principal place of business to Budd Lake, New Jersey.

EMCORE Corporation announced its fiscal 2024 first quarter results, reporting $24.1 million in revenue and a net loss of $4.4 million.

EMCORE Corporation officially engaged CohnReznick as its new independent auditor on January 25, 2024, following the completion of client acceptance procedures.

EMCORE Corporation has entered into a cooperation agreement with Bradley L. Radoff, resulting in the appointment of two new directors, a new board chairman, and a revised strategy committee.