Like and comment :)-To The Moon - Tiger Brokers Online Investing Community - To The Moon

3
3
Favorite

Yuanball
2021-07-12

Like and comment :)

Blank-check firm ACE Convergence, Achronix scrap $2 bln merger

July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Cor

Blank-check firm ACE Convergence, Achronix scrap $2 bln merger

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

3

Report

Comment（3）

Top
Latest

Yuanball
·2021-08-19
:)
Reply
1
Report
Yuanball
·2021-07-20
:)
Reply
1
Report
lilyplant
·2021-07-12
?
Reply
1
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":146401399,"tweetId":"146401399","gmtCreate":1626094615811,"gmtModify":1703753208416,"author":{"id":3581504468750445,"authorId":3581504468750445,"authorIdStr":"3581504468750445","name":"Yuanball","avatar":"https://static.tigerbbs.com/8eb2db23c8e734ee4849e751982fc112","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":8,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Like and comment :)</p></body></html>","htmlText":"<html><head></head><body><p>Like and comment :)</p></body></html>","text":"Like and comment :)","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/146401399","repostId":2150533263,"repostType":4,"repost":{"id":"2150533263","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1626090647,"share":"https://www.laohu8.com/m/news/2150533263?lang=&edition=full","pubTime":"2021-07-12 19:50","market":"us","language":"en","title":"Blank-check firm ACE Convergence, Achronix scrap $2 bln merger","url":"https://stock-news.laohu8.com/highlight/detail?id=2150533263","media":"Reuters","summary":"July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Cor","content":"<p>July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm <a href=\"https://laohu8.com/S/ACEV\">ACE Convergence Acquisition Corp</a> said on Monday they had agreed to terminate their $2.1 billion merger announced in January.</p>\n<p>The deal was subject to meeting certain closing conditions, including getting the necessary regulatory approvals, the companies said, adding they would be unable to close the merger by the July 15 deadline or thereafter.</p>\n<p>Chief Executive Officer Robert Blake said Achronix \"remains committed to pursuing additional options to become a public company.\"</p>\n<p>Neither party will be required to pay a termination fee as the decision to terminate the deal was mutual, the companies said.</p>\n<p>Achronix, founded in 2004, supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits, for use in 5G equipment and cloud computing.</p>\n<p>Special purpose acquisition companies (SPACs) like ACE use proceeds from an initial public offering to buy a private company and then take it public.</p>\n<p>ACE raised $230 million in its IPO in July last year. Shares of the blank-check firm were flat at $9.95 in premarket trading.</p>\n<p>Since SPACs typically face a two-year deadline to find a merger target, ACE has until July next year to hunt for another company to take public.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-check firm ACE Convergence, Achronix scrap $2 bln merger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-check firm ACE Convergence, Achronix scrap $2 bln merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-12 19:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm <a href=\"https://laohu8.com/S/ACEV\">ACE Convergence Acquisition Corp</a> said on Monday they had agreed to terminate their $2.1 billion merger announced in January.</p>\n<p>The deal was subject to meeting certain closing conditions, including getting the necessary regulatory approvals, the companies said, adding they would be unable to close the merger by the July 15 deadline or thereafter.</p>\n<p>Chief Executive Officer Robert Blake said Achronix \"remains committed to pursuing additional options to become a public company.\"</p>\n<p>Neither party will be required to pay a termination fee as the decision to terminate the deal was mutual, the companies said.</p>\n<p>Achronix, founded in 2004, supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits, for use in 5G equipment and cloud computing.</p>\n<p>Special purpose acquisition companies (SPACs) like ACE use proceeds from an initial public offering to buy a private company and then take it public.</p>\n<p>ACE raised $230 million in its IPO in July last year. Shares of the blank-check firm were flat at $9.95 in premarket trading.</p>\n<p>Since SPACs typically face a two-year deadline to find a merger target, ACE has until July next year to hunt for another company to take public.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150533263","content_text":"July 12 (Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Corp said on Monday they had agreed to terminate their $2.1 billion merger announced in January.\nThe deal was subject to meeting certain closing conditions, including getting the necessary regulatory approvals, the companies said, adding they would be unable to close the merger by the July 15 deadline or thereafter.\nChief Executive Officer Robert Blake said Achronix \"remains committed to pursuing additional options to become a public company.\"\nNeither party will be required to pay a termination fee as the decision to terminate the deal was mutual, the companies said.\nAchronix, founded in 2004, supplies field programmable gate arrays, the electronic components used to build reconfigurable digital circuits, for use in 5G equipment and cloud computing.\nSpecial purpose acquisition companies (SPACs) like ACE use proceeds from an initial public offering to buy a private company and then take it public.\nACE raised $230 million in its IPO in July last year. Shares of the blank-check firm were flat at $9.95 in premarket trading.\nSince SPACs typically face a two-year deadline to find a merger target, ACE has until July next year to hunt for another company to take public.","news_type":1},"isVote":1,"tweetType":1,"viewCount":695,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":16,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5581847,"gmtCreate":1629387733832,"gmtModify":1663232624853,"authorId":3581504468750445,"author":{"id":3581504468750445,"authorId":3581504468750445,"name":"Yuanball","avatar":"https://static.tigerbbs.com/8eb2db23c8e734ee4849e751982fc112","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146401399,"type":1,"supId":0,"prevId":0,"content":":)","text":":)","html":":)","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":5270557,"gmtCreate":1626764638238,"gmtModify":1663231204656,"authorId":3581504468750445,"author":{"id":3581504468750445,"authorId":3581504468750445,"name":"Yuanball","avatar":"https://static.tigerbbs.com/8eb2db23c8e734ee4849e751982fc112","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146401399,"type":1,"supId":0,"prevId":0,"content":":)","text":":)","html":":)","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":5197429,"gmtCreate":1626098888398,"gmtModify":1663230868632,"authorId":3563494965609543,"author":{"id":3563494965609543,"authorId":3563494965609543,"name":"lilyplant","avatar":"https://static.tigerbbs.com/f21355f62d9fc917edd8628af6d1fd2c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":146401399,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}