Emcore announces proposed public offering

Alhambra, ca, aug. 16, 2023 (globe newswire) -- emcore corporation (nasdaq: emkr) today announced that it intends to offer and sell shares of its common stock and, to certain investors, pre-funded warrants to purchase shares of common stock, in an underwritten public offering. the purchase price of each pre-funded warrant will equal the price per share at which shares of common stock are being sold to the public in this offering, minus $0.00000001, which will be the per share exercise price of each pre-funded warrant. all of the shares and warrants 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.
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