Axcelis Sets Special Meeting to Vote on Veeco Merger Amid Shareholder Lawsuits

Reuters01-29

Axcelis Sets Special Meeting to Vote on Veeco Merger Amid Shareholder Lawsuits

Axcelis Technologies, Inc. has entered into an agreement with Veeco Instruments Inc. under which a wholly-owned subsidiary of Axcelis will merge with and into Veeco, making Veeco a wholly-owned subsidiary of Axcelis. A special meeting of Axcelis stockholders to vote on the transaction is scheduled for February 6, 2026. In connection with the transaction, Axcelis and Veeco have received multiple demand letters and three lawsuits from purported stockholders challenging the adequacy of certain disclosures related to the merger. Axcelis has voluntarily issued supplemental disclosures to address these concerns, while maintaining that the original disclosures were sufficient and the claims are without merit.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axcelis Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-007482), on January 28, 2026, and is solely responsible for the information contained therein.

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