EMCORE Announces Proposed Public Offering of Common Stock
February 14 2023 - 3:05PM
EMCORE Corporation (“EMCORE”) (Nasdaq: EMKR) today announced that
it intends to offer shares of its common stock for sale in a public
offering. All of the shares in the offering are being offered by
EMCORE. The offering is subject to market and other conditions, and
there can be no assurance as to whether or when the offering may be
completed, or as to the actual size or terms of the offering.
A.G.P./Alliance Global Partners is acting as sole placement
agent for the offering on a best-efforts basis.
A shelf registration statement on Form S-3 (File No. 333-256090)
relating to the shares offered in the offering was previously filed
with the Securities and Exchange Commission (the “SEC”) and became
effective on May 20, 2021. The offering will be made only by means
of a written prospectus and prospectus supplement that form a part
of the registration statement. Copies of the preliminary prospectus
supplement and accompanying prospectus relating to the offering
will be filed with the SEC and, when available, may be obtained by
contacting: A.G.P./Alliance Global Partners, 590 Madison Avenue,
28th Floor, New York, NY 10022, or by telephone at (212) 624-2060,
or by email at prospectus@allianceg.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About EMCORE Corporation
EMCORE Corporation is a leading provider of advanced
mixed-signal products that serve the aerospace and defense,
communications, and sensing markets. Our best-in-class components
and systems support a broad array of applications including
navigation and inertial sensing, defense optoelectronics, broadband
communications, optical sensing, and specialty chips for telecom
and data centers. We leverage industry-leading Photonic Integrated
Chip (PIC), Quartz MEMS, Lithium Niobate, and Indium Phosphide
chip-level technology to deliver state-of-the-art component and
system-level products across our end-market applications. EMCORE
has vertically-integrated manufacturing capability at its wafer
fabrication facility in Alhambra, CA, Budd Lake, NJ, Concord, CA
and Tinley Park, IL. Our manufacturing facilities maintain ISO 9001
quality management certification, and we are AS9100 aerospace
quality certified at our facilities in Budd Lake and Concord. For
further information about EMCORE, please visit
http://www.emcore.com.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements may be identified by use of terms such as
“will,” “expect,” “intend,” “shall,” “may” and similar terms or the
negative of such terms, and include, without limitation, statements
about EMCORE’s expectations regarding the timing, size and
completion of the proposed offering and other information that is
not historical information. Actual results or developments may
differ materially from those projected or implied in these
forward-looking statements. Factors that may cause such a
difference include risks and uncertainties related to completion of
the public offering on the anticipated terms or at all, market
conditions and the satisfaction of customary closing conditions
related to the public offering. More information about the risks
and uncertainties faced by EMCORE is contained in the section
captioned “Risk Factors” in the prospectus supplement related to
the public offering and from time to time in EMCORE’s SEC filings,
including its Annual Report on Form 10-K for the fiscal year ended
September 30, 2022, its Quarterly Report on Form 10-Q for the
quarter ended December 31, 2022, as well as subsequent SEC filings.
The forward-looking statements contained in this release are as of
the date of this release, and EMCORE does not undertake any
obligation to update any such statements, whether as a result of
new information, future events or otherwise.
Investor Contacts
EMCORE CorporationTom Minichiello(626)
293-3400investor@emcore.com
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