Faro Technologies INC DEF 14A proxy statements
Proxy statements, covering the matters put to shareholders at the annual meeting — board elections, auditor ratification and executive pay.
FARO Technologies, Inc. has filed supplemental disclosures to its definitive proxy statement to address shareholder litigation and facilitate the proposed all-cash merger with AMETEK, Inc. at $44.00 per share.
FARO Technologies, Inc. shareholders are set to receive $44.00 per share in cash as AMETEK, Inc. moves to acquire the 3D measurement and imaging solutions provider, representing a significant premium over recent trading prices.
FARO Technologies enters into a definitive agreement to be acquired by AMETEK, Inc. for $44.00 per share in cash.
FARO Technologies plans to be acquired by AMETEK, a leading global provider of industrial technology solutions, with no immediate planned changes to roles, reporting lines, or locations.
AMETEK, Inc. will acquire FARO Technologies for $44 per share in cash, valuing the company at approximately $920 million, representing a 40% premium to FARO's closing price on May 5, 2025.
FARO Technologies is asking shareholders to approve an amendment to its 2022 Equity Incentive Plan to increase the number of shares reserved for issuance by 1,500,000.
FARO Technologies will hold its 2024 Annual Meeting of Shareholders on June 13, 2024, to vote on director elections, auditor ratification, and executive compensation.