BRIEF-Adesto Announces Acquisition Of S3 Semiconductors [Reuters]
ADESTO TECHNOLOGIES CORP COMMON (IOTS)
Last adesto technologies corp common earnings: 3/16 05:11 pm
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Source: Reuters
BRIEF-Adesto Announces Acquisition Of S3 Semiconductors | Reuters Reuters Staff 1 Min Read May 9 (Reuters) - Adesto Technologies Corp: * ADESTO TECHNOLOGIES CORP - FINANCED TRANSACTION WITH EXISTING CASH AND A NEW CREDIT FACILITY IN AMOUNT OF $35 MILLION * ADESTO TECHNOLOGIES CORP - ADESTO TERMINATED ITS FORMER CREDIT FACILITY WITH WESTERN ALLIANCE BANK * ADESTO TECHNOLOGIES - DEAL VALUED AT ABOUT $35 MILLION, WITH AN ADDITIONAL EARN-OUT PROVISION BASED ON CERTAIN MILESTONES TO END OF CY 2019 * ADESTO TECHNOLOGIES - S3 SEMICONDUCTORS TO BECOME A BUSINESS UNIT OF CO, CONTINUE TO OPERATE UNDER CURRENT OPERATING MODEL AT EXISTING GLOBAL SITES Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2018 Reuters. All Rights Reserved.
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