Achronix to merge with SPAC ACE Convergence Acquisition

Achronix, a fabless semiconductor corporation, agreed to combine with special purpose acquisition company ACE Convergence Acquisition. The combined entity will be named Achronix Semiconductor Corporation with a $2.1 billion post-transaction equity value.

“Achronix, a fabless semiconductor corporation, on its agreement to combine with special purpose acquisition company ACE Convergence Acquisition.”mondaq.com

• 1 source
• mondaq.comUnited States - Achronix Agrees To SPAC Merger With ACE Convergence AcquisitionMar 15, 2021

Summarized from public sources; check the original articles before acting on it.