On Oct 21, Amprius Technologies And Combine Merger Sub, Inc., Combine Merger Sub, LLC And Amprius, Inc Entered Termination Agreement, Effective Immediately
Portfolio Pulse from Benzinga Newsdesk
Amprius Technologies, Combine Merger Sub, Inc., Combine Merger Sub, LLC and Amprius, Inc have mutually agreed to terminate their Merger Agreement effective immediately. As a result, the special meeting of the stockholders of the Company, which was to be held on October 24, 2023 for the purpose of voting on the Merger Agreement, will not take place.
October 23, 2023 | 8:26 pm
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NEGATIVE IMPACT
The termination of the Merger Agreement involving Amprius Technologies and others may impact the stock price of AMPX in the short term.
The termination of a merger agreement often leads to uncertainty among investors, which can negatively impact the stock price in the short term. As Amprius Technologies is involved in this termination, it's likely that the stock price of AMPX will be affected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100