Emcore Corporation announced that pursuant to a Purchase and Sale Agreement entered into on November 1, 2022, it has completed the sale and leaseback of its Tinley Park, IL facility, generating $10.3M in net cash proceeds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on EMKR:
- EMCORE Announces Sale and Leaseback of Tinley Park, IL Facility
- EMCORE Corporation to Host Fiscal 2022 Fourth Quarter Conference Call on December 20, 2022
- Emcore introduces new TAC-450 Inertial Measurement Units
- EMCORE Introduces New TAC-450 IMUs Integrated with PIC Technology, Tactical-grade Gyros, and Inertial-grade Accelerometers
- EMCORE to Participate in the 13th Annual Craig-Hallum Alpha Select Conference